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 […]
Category: Magazine
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Loan of the Year and Infrastructure Financing of the Year-Brazil: LD Celulose
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 […]
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Monetizing sewage could help Brazil come clean
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.
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2020 Project & Infrastructure Finance Awards
The most impressive transactions and institutions in a field critical to the region’s economic progress
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Panama’s shifting trade winds
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
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How will Latin America’s debt financing look after COVID-19?
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
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Six questions for Bruno Constantino, Chief Financial Officer of XP Investimentos
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
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Pension plan no panacea in Chile
The fallout from the pandemic and huge withdrawals from Chile’s pensions fund have kept corporate issuers on their toes
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Argentina and Ecuador’s debt: Questions far from over
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.