Central American country has reduced risk of default over next two years, ratings agency says
Category: El Salvador
Posted inDaily Brief
Fedecrédito seeks IDB Invest backing for social bond
Multilateral lender could anchor a deal by El Salvador’s largest credit union federation
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Sura exits another insurance market
Colombian firm sells insurance unit in El Salvador for $43.7 mln
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El Salvador names interim finance minister
Jerson Posada steps in for Alejandro Zelaya, who moves on to Central American development bank CABEI
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El Salvador gets go-ahead for new bond plans
Legislative Assembly permits the government to issue up to $1 bln in the international or local market
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S&P downgrades Unicomer on refinancing needs
Salvadoran retail and consumer finance group’s ratings fall to B+ as it comes up on $350 mln in bonds that mature in 10 months
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CABEI issues first sports bond
Central American development bank raises $65 mln in a deal with Japan’s Meiji Yasuda
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S&P calls El Salvador’s debt swap a default
Rating agency leaves the Central American country moored at CCC+ after last month’s exchange of pension-related debt
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Paystand considers new financing round for expansion
US B2B payments firm is focused on growing in Mexico but is also “spending time” in Central American markets, CEO says
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Fitch upgrades El Salvador after local debt swap
Rating agency gives the Central American country a CCC+ after a recent exchange of pension-related debt