Latin America

  • Andrade Gutierrez cancels tender, plans revised deal

    Andrade Gutierrez cancels tender, plans revised deal

    Brazilian engineering and construction firm Andrade Gutierrez has cancelled the buy-back of its bond maturing in 2021 after failing to sell a new five year bond, saying it expects to announce a revised transaction soon.

  • Suriname eyes dam funding as 2026s slip

    Suriname eyes dam funding as 2026s slip

    South American sovereign Suriname is looking to raise $150m of 18-month debt in bond markets to fund the transfer of a dam that the government believes can significantly improve public finances. But the issuer’s only outstanding international bond is tumbling in secondary markets, say investors.

  • Investors hoping to get in early on Brazil

    Investors hoping to get in early on Brazil

    Some Brazilian bankers may be dumbfounded that their country and its highly unpopular president is considered a safe haven, but hope that Latin America’s sleeping giant is on the cusp of an upswing is driving demand for the country’s issuers amid social unrest elsewhere in the continent.

  • Cemex book booms on dollar return to continue LM

    Cemex book booms on dollar return to continue LM

    Mexican cement company Cemex attracted nearly $4bn of orders on the way to a first dollar deal in three years on Tuesday. Bankers said the company’s active debt management was gaining a strong following.

  • CAF returns to euros with green debut

    CAF returns to euros with green debut

    South American development bank Corporación Andina de Fomento said that 61% of orders for its inaugural green bond in public markets, issued on Wednesday, had come from environmental, social and governance (ESG) and green portfolios.

  • Green buyers drive CAF euro return

    Green buyers drive CAF euro return

    South American development bank Corporación Andina de Fomento (CAF) said that 61% of orders for its inaugural green bond in public markets, issued on Wednesday, had come from ESG and green portfolios as the issuer raised €750m of euros.

  • ‘Refi machine’ Cemex pushes inside guidance

    ‘Refi machine’ Cemex pushes inside guidance

    Mexican cement company Cemex’s debt management continues to earn it strong pricing as its first dollar deal in three years landed inside even where some bankers on the trade were expecting.

Latin America News Archive