Category: Web Articles

Hugo Chávez of Venezuela imposes exchange controls and sets a fixed official exchange rate.

Last year may have been a miserable 12 months for Latin American equities, but an exceptional stock offering from Brazil’s aircraft manufacturer showed that even large and relatively complex issues […]

Argentina may have staged one of the largest debt exchanges ever last June when it swapped $30.5 billion in bonds. But Brazil completed a smaller, more successful deal on infinitely […]

Argentine companies were starved for capital last year. But in July, as the sovereign was negotiating its $30 billion debt swap, Deutsche Bank managed to get a clutch of banks […]

It used to be relatively easy for private equity investors to cash out of their Latin American holdings through the public equity markets. But last year, not a single Latin […]

Energy companies in Brazil need to finance their projects locally since their revenues are denominated in reais and government regulations ban power generators and distributors from linking their prices to […]

Markets became increasingly volatile as the year wore on. Issuers needed to maintain access to financing so bankers had to design structures to handle risk while trying to keep investors as comfortable as they could.

Until recently, the ownership structure of many privatized Brazilian companies closely resembled a plate of spaghetti. Complex cross-shareholdings, a maze of holding companies, subsidiaries and special purpose vehicles bred conflicts […]

The emergence of JP Morgan and Citigroup as investment bank powerhouses is evident in almost every nook and cranny of the world’s capital markets, and Latin America is no exception.

Colombia enjoyed an improving reputation all year on the international bond markets as its economy pulled ahead and the political milieu looked less explosive. In spite of its many grave […]