SPONSORS: MODEC, Inc., Mitsui, Mitsui OSK Lines, Marubeni Corp. LOCATION: FPSO (floating production storage and offloading) on the Lula-Iracem oilfield in Brazil FINANCING TYPE & SIZE: $1.1 billion 2034 6.75% senior secured notes BANKS: Citibank, Mizuho Americas; SMBC Nikko Securities America, Inc., Morgan Stanley, LAW FIRMS: Hinckley Allen, King & Spalding, Lennox Paton, Stibbe, Stocche […]
SPONSORS: Lenzing AG of Austria (51%) and Duratex S.A. of Brazil (49%) LOCATION: Minas Gerais State FINANCING TYPE & SIZE: $1.134 billion loan financing led by IDB Invest and IFC BANKS: International Finance Corporation (IFC), The Inter-American Investment Corporation (IDB Invest), Finnvera, Banco Santander, BNP Paribas, Commerzbank Aktiengesellschaft (Luxemburg Branch), Erste Group Bank AG, HSBC […]
Four years after the ignominy of holding Olympic events in the polluted waters of Guanabara Bay, Brazil still struggles with a lack of infrastructure to bring clean water and sewage treatment to the majority of the country. New investment, however, appears poised to pump in needed resources to filter out fetid water.
The most impressive transactions and institutions in a field critical to the region’s economic progress
COVID-19 has changed the face of global trade. Panama – the hub of the Americas – will need to invest and adapt if it is to thrive
Adjustments in the wake of the pandemic will need to be gradual and most countries in the region will require more access to low-cost financing
One of Brazil’s largest brokerage firms, XP Investimentos has set off on an aggressive acquisition spree while landing some high-profile executives to join its team in a bid to take on the nation’s largest banks
The fallout from the pandemic and huge withdrawals from Chile’s pensions fund have kept corporate issuers on their toes
Debt relief in the midst of a pandemic came as welcomed news to Latin America’s serial defaulters. Even if the pandemic clears, questions linger on their financial outlooks.