Brazilian builder allegedly made more than $10m in bribes to secure the contract for the country’s Ruta del Sol 2 toll road
Category: Web Articles
LatAm borrowers look to issue debt before Trump inauguration
Argentina, Chile, Colombia and the Dominican Republic announce plans for bond sales as some issuers worry about potential market volatility after Trump takes office
Belize says it wants “mildest” debt restructuring
Prime Minister Dean Barrow is seeking to amend the amortization schedule and lower coupon payments on the country’s 2038 bond
Bondholders object to Oi restructuring plan
Ad-hoc group says the Brazilian telecom has kept it out of the loop, opposes plan to sell assets without auctions
Pampa Energia tightens yields on new bond issue
The Argentine energy company launches a $750m 10-year bond sale after it attracted some $4bn in orders, sources say
Deals of the Year 2016
2016 was a year apart. On the global level, Brexit and the election of Donald Trump stunned markets. In Latin America, developments were just as momentous. From Argentina’s return to the global financial markets, to Brazil’s impeachment of President Dilma Rousseff, Colombia’s historic peace agreement that faltered at the final hurdle, and the death of Cuba’s Fidel Castro, the biggest headlines suggest history will look back on the year as a turning point.
Bond market activity from Latin American issuers heats up
Honduras, Brazil’s Raizen Energia, Aeropuertos Dominicanos and Argentina’s Genneia tap the international credit markets
Peru says Odebrecht bribery scandal cost the economy $283m
The Brazilian builder has admitted to paying $29m in bribes to win public works contracts in Peru between 2005 and 2014
Argentina picks six banks for upcoming bond sale
Argentina is considering a potential $5bn bond sale and plans to start meeting with investors next week
How Argentina’s tax amnesty could be a boon for its local capital markets
With global investor interest in Argentina expected to moderate this year, a plan to encourage Argentines to bring home their undeclared overseas assets could boost the local capital markets
