Agency warns it could downgrade Mexico’s rating in the absence of fiscal consolidation or if economic ties with the US deteriorate
Category: United States
Posted inDaily Brief
Genneia IPO to end drought of Argentine listings abroad
Power generator would be the first Argentine firm to go public in the US since 2018, and other companies may follow suit
Posted inDaily Brief
USMCA uncertainty set to weigh on Mexican investment
Business confidence and investment will take a hit after the US decides against extending the North American trade pact, analysts say
Posted inDaily Brief
Shell offloads assets in Mexico
UK-based oil giant sells deepwater assets to Carlos Slim-backed Talos Energy and investment firm Ridgewood Energy
Posted inDaily Brief
US refuses to renew USMCA
Trump administration opts instead to review US-Mexico-Canada trade deal annually, which analyst says is a net positive for the Mexican economy
Posted inDaily Brief
Grupo Zanchetta buys Ceratti
Brazilian food company purchases local processed meats producer from its US owner
Posted inDaily Brief
Sinda makes NYSE debut
Mexico-based silver exploration company sells shares close to the midpoint of its price range and secures the backing of two leading precious metal firms
Posted inDaily Brief
Argentina’s PCR gets ratings boost
Fitch bumps the cement and energy firm up a notch as it diversifies its business into US shale
Posted inDaily Brief
Avianca, Pluspetrol tap USD market
Colombian airline and Argentine oil producer return to the US bond market as Treasury yields tumble
Posted inDaily Brief
Mexico returns to US bond market
Sovereign shrugs off rising yields on US Treasuries to price Latin America’s biggest bond offering since January