Americas

Canada’s Equitable Bank covered programme received legislative approval this week, paving the way for a debut deal in the coming months.

Oi, the Brazilian telecom company, re-entered international debt markets this week to raise almost $1bn of short-dated paper.

The Province of Ontario received a strong reception in the Canadian dollar market on Tuesday, helping it to issue its biggest ever green bond in the currency.

Peru-headquartered San Miguel Industrias, known as SMI Group, which produces plastic packaging across Latin America, sold a sustainability-linked bond on Monday. The trade is the latest in a long string of Latin American issuers embracing the innovative format.

A sell-off in global equities at the beginning of last week, in response to the Delta-variant-fueled rise in Covid-19 cases, was largely erased in the following days. But the episode offered a glimpse of the disquiet in the market, and a hint as to the likely reaction if the pandemic were to take a course that put the brakes on economic growth.

NatWest Markets has given its head of emerging markets strategy, Alvaro Vivanco, an additional role as head of ESG macro strategy.

SMBC has beefed up its coverage of the technology sector with the addition of two senior bankers in San Francisco who previously worked together at HSBC.

The Province of Buenos Aires reached a debt restructuring agreement with some but not all of its bondholders last week, leaving observers pondering what was left to resolve a stalemate that has already lasted 15 months.

Aeropuerto Internacional de Tocumen, the government-owned operator of Panama City airport, is looking to sell new bonds to refinance its existing senior secured notes, the issuer said on Friday.

The People & Markets section of GlobalCapital could almost have been called the Barclays section this week, given the number of stories that involved the bank. What has been going on?

A group of bondholders seeking to block a consent solicitation from Argentine utility Edenor could grow in number amid the lack of engagement between the company and its creditors, sources close to the situation told GlobalCapital.

Having sold €1.75bn ($2.1bn) of social bonds in euros on Wednesday, Chile returned to the dollar market for the fourth time this year on Thursday to print $3.75bn of social bonds across three tranches — the week after it had increased its 2021 funding needs by $8bn.