Brazilian engineering group asks to exchange $345m in overdue notes for new bonds due in 2021
Tag: liability management
Noteholders overfill Gerdau tender
Brazilian steelmaker gets $915m in 2020, 2021 and 2024s, accepts $587m
Arauco books meetings ahead of refi effort
Chilean pulp and paper company chooses Bank of America Merrill Lynch and JPMorgan to lead the $700m buyback
Barbados ponders local liability management
Any debt reduction exercise from the Caribbean island would have to be voluntary, not distressed or forced
Arauco joins the refi pipeline
Chilean pulp and paper unit looks for $700m in outstanding paper, mulls new issue, sources say
Gerdau lifts tender cap
Brazilian steelmaker increases liability management exercise to $640m from $500m
Bancolombia concludes buyback
Local bank garners overwhelming response with bondholders tendering more than $920m in 2020s and 2022s
Bancolombia returns to fund LM trade
Medellin-headquartered bank prints $750m in subordinated 2027 paper in bid to buy back 2020s and 2022s
Noteholders latch onto Colbun tender
Chilean power generator receives roughly $354m in outstanding 2020 bonds by the early deadline
Brazil concludes buyback
Sovereign issuer nets $1.57bn in outstanding bonds just a day after printing $3bn in fresh 2028 paper
