Downgrade comes amid an effort by Belize Prime Minister Dean Barrow to renegotiate the country’s debt for the second time in five years
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Delta, United among bidders circling Avianca stake
The Colombian airline is considering options that may include the sale of a controlling stake worth $500m, according to sources
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Peru moves to speed up infrastructure investments
Finance Minister Alfredo Thorne says the government plans to issue next week the first in a series of decrees to accelerate infrastructure investments and stimulate economic growth
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Trump worries keep the pressure on Mexico’s peso, Brazil’s real
The two currencies weaken over uncertainties surrounding the US president-elect’s economic plan and investor beliefs that increased spending under Trump will lead to aggressive rate hikes by the Fed
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LatAm bond issuers grapple with uncertainty over Trump’s economic policies
Several planned bond offerings are likely to be on hold until Trump’s economic agenda takes shape, although Aeropuertos Argentina 2000 and the province of Entre Rios continue to assess market conditions
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Mexican equities pipeline stalls after Trump win
Mexico’s deep pipeline of equity offerings are expected to remain at a standstill after the peso plummeted on news of Donald Trump’s US presidential victory
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Mexico holds off on taking steps to shore up the peso – for now
Central Bank Gov. Agustín Carstens says the bank will hold a monetary policy meeting next week as the peso slumps in the wake of Donald Trump’s electoral victory
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Trump victory signals higher funding costs for LatAm borrowers
But much like Brexit, an initial negative reaction could give way to smoother markets, sources say
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3G Capital seeks to raise $10bn for new acquisition
Shares in US food companies rise after a report says the Brazilian private equity firm led by billionaire Jorge Paulo Lemann is raising money for its next purchase
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Venezuelan billionaire invests in PDVSA oil field
The investment by a group of Venezuelan businessmen led by Oswaldo Cisneros comes as Venezuela’s state-run oil company PDVSA looks to attract private investment to the country’s struggling energy sector