Americas

Peruvian agricultural company Camposol could return to bond markets this week as it looks to capitalise on an improved rating to refinance expensive debt issued during darker days.

Canada-listed oil and gas company Gran Tierra Energy, which has the majority of its operations in Colombia, is planning a debut 144A/Reg S bond offering which will come due in 2025, the company said.

Mexican state-owned oil giant Pemex attracted a huge book for its eagerly-anticipated dollar market return on Thursday as bond investors pile into the region’s credits despite major elections looming.

Caribbean sovereign the Dominican Republic could become the first Latin American issuer to seek local currency bonds in the international markets this year as bankers say that timing could not be better for traditionally hard to execute deals.

Brazilian low-cost airline Gol increased the size of a tap of its newest bonds on Tuesday after opting for a two day execution to allow Asian investors to participate.

Mexican non-bank lender Crédito Real sold its inaugural Swiss franc bond on Wednesday, achieving attractive pricing compared to its US dollar curve, according to the company’s head of investor relations.

Blackstone announced its biggest acquisition for a decade this week, as it swooped on Thomson Reuters' data business for an enterprise value of $20bn. That left financiers waiting to see if it kick-starts a new round of big leveraged buyouts (LBOs) among private equity firms sitting on mountains of uninvested cash. Michael Turner and Victor Jimenez report.

IBM and Comcast hit the market on Thursday to get February off to a flying start after the quietest start to the year in the US corporate bond market since 2010.

Some of the wealthiest and most influential businesspeople in the Russian Federation received an expected, but still unpleasant, piece of news on Monday with the publication of a US Treasury Department list that is expected to precede new sanctions, write Sam Kerr and Bianca Boorer.

The investment grade corporate bond market started February with the second busiest day of 2018 so far, picking up after a relatively quiet January. Acea, Ford and Prosegur Cia de Seguridad, sold five tranches between them, including two floating rate notes (FRNs), on the first day of the new month.

The investment grade corporate bond market has started February with intent, with Thursday registering as the second busiest day of 2018 so far.

The first of China’s much-anticipated pipeline of technology-centric IPOs this year is starting to materialise.