Today, Teléfonos de México (Telmex) is one of the most successful telecommunication companies in Latin America. It is the dominant provider of fixed-line and cellular services in Mexico. Telmex’s evolution […]
Category: Regions
Posted inMagazine
Testing Market Confidence
In 1995, just as Mexico was crawling out of the peso crisis, the ailing sovereign found its salvation in the international debt market. In December 1994, the country had sunk […]
Posted inMagazine
Getting Ecuador Pumping
It seemed unlikely in 2000 that bankers could secure a $900 million, 17-year project finance loan for an oil development project in Ecuador. The country had just defaulted on its […]
Posted inMagazine
UNIFIER Enrique Garcia
The Andean Development Corp., which Enrique García has run since 1991, is a remarkable institution. It is a development bank with a coveted investment grade rating, even though it is […]
Posted inMagazine
A Feat of Financial Engineering
The Antamina copper and zinc mine in central Peru is one of world’s greatest mining discoveries and financing its development required some impressive financial engineering. It took more than two […]
Posted inMagazine
Peru’s Future-Flow Trailblazer
In November 2000, Peru’s government pitched into chaos as Alberto Fujimori fled to Japan and faxed his resignation to Congress after a decade in office. The Peruvian Congress swore in […]
Posted inMagazine
RESOLUTE Susana de la Puente
In 1992, 97% of all Peruvians lacked a functioning telephone and they could expect to wait nearly 10 years to get one. It was a damning reflection on the country’s […]
Posted inMagazine
Luring Investors with Innovation
In 1995, just as Mexico was crawling out of the peso crisis, the ailing sovereign found its salvation in the international debt market. In December 1994, the country had sunk […]
Posted inDaily Brief
Sovereign Report
Mexican Bradys, Endangered Species Mexican Bradys are on their way out, after the finance ministry decided to call $3.8 billion-worth of outstanding dollar-denominated A and B series Brady bonds. Once the […]
Posted inMagazine
Rebuilding Growth
The Caribbean is battling a particularly difficult global environment. Economies throughout the region face serious challenges, although oil-rich Trinidad and Tobago is in better shape than most.