Rumors spread about a large haircut, which could dissuade creditors from accepting an offer and keep the sovereign issuer out of the bond market
Category: Structured Finance
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Vitro signs receivables facility
Mexico’s largest glass maker gets $163 mln from Santander
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Banorte signs agreement with Sinosure
Mexican lender looks to increase financing for local businesses that buy Chinese goods or services
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IFC takes on trade finance with Santander in Chile
Multilateral lender agrees to split a $300 mln portfolio with the Spanish lender’s local branch
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Suriname sells bonds for Afobaka dam
Former Dutch colony in South America issues debt with a hefty 9.875% coupon to fund payments to US aluminum producer Alcoa
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MercadoLibre explores financing facilities for Mercado Crédito, Mercado Pago
E-commerce retailer’s CFO says company is increasingly looking for outside investors to finance lines of credit for its clients
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Argentina puts tax increases at heart of economic recovery plan
Fiscally conservative bill brings some cheer to creditors, but questions remain about the government’s plans to restructure debt
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Fibra Uno seals syndicated loan
Mexican REIT receives $500 mln from five lenders to pay off outstanding debt
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EXCLUSIVE: Suzano CFO says cost savings from Fibria deal on target
Pulp and paper producer sees inventory dynamics tilting back in its favor next year
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UBS, Banco do Brasil form new investment bank
Swiss financial services firm will hold a majority stake in the new venture with Brazil’s state-owned lender