Asset manager will funnel the funds into sustainable projects, led by renewable energy
Category: Central America
Posted inDaily Brief
Sura exits another insurance market
Colombian firm sells insurance unit in El Salvador for $43.7 mln
Posted inDaily Brief
Promerica prints new bonds for buyback
Central American financial services group raises $225 mln in the sale of five-year notes to repurchase bonds that mature next year
Posted inDebt
Promerica misses mark in bond buyback
Central American financial services group Promerica pledged to repurchase $112 million worth of its 9.7% bonds due 2024, falling short of its $200 million target. Promerica agreed to pay $1,024.25 for every $1,000 in principal, including a $30 premium, to investors who tendered their notes by the early deadline on August 4. Bondholders who turn in their 2024s by […]
Posted inDaily Brief
Promerica sets size for bond sale
Central American financial services group is expected to issue $300 mln in five-year notes to fund a buyback of 2024 bonds, source says.
Posted inDaily Brief
Promerica to issue bonds to fund buyback
Central American financial services group is expected to raise fresh debt to repurchase up to $200 mln in 9.7% 2024 notes, source says
Posted inDaily Brief
EPM unit bags loan from IDB Invest, Scotiabank
Colombian utility’s power division in Panama borrows $100 mln to expands its electricity network
Posted inDaily Brief
El Salvador names interim finance minister
Jerson Posada steps in for Alejandro Zelaya, who moves on to Central American development bank CABEI
Posted inDaily Brief
Bladex keeps tabs on bond market
Panama City-based trade finance bank will consider private and public offerings after issuing $238 mln in Mexico last week, treasury head says
Posted inDaily Brief
Bladex prints bonds in Mexico
Panama City-based trade finance bank raises $237 mln in a two-part deal in pesos