Latest Latin America news

• Peruvian corporate fishes for loan to tidy up 2020s

  

  Fishmeal producer Pesquera Exalmar has become the latest Peruvian corporate to opt for alternative sources of funding to refinance bonds after it used a syndicated loan to redeem its outstanding 2020s

  • 22 Jan 2019

• Mexican lender to provide post-sovereign HY test

  

  Non-bank lender Crédito Real will show how far investor appetite for Mexican risk stretches as it looks to become the first sub-investment grade borrower from the country to issue in international bond markets in nine months.

  • 21 Jan 2019

• New debt chief sells Mexico as market-friendly after bond blow-out

  

  Mexico’s new head of public credit, Gabriel Yorio, has told GlobalCapital investors were receptive to the government’s messages, after it received hefty demand for its first bond issue since Andrés Manuel López Obrador took office as president on December 1.

  • 18 Jan 2019

• Bondholders accept Digicel swap but challenges linger

  Caribbean telecoms group Digicel has finally wrapped up a distressed debt exchange to avoid a potential default next year, after extended negotiations with bondholders. But Fitch warned on Monday that the move has “undermined” the group’s position with creditors.

  • 17 Jan 2019

• Uruguay reaps benefits of reopening Lat Am

  Uruguay said that the government had covered nearly all of its debt maturities for 2019 after the sovereign became the first issuer from Latin America to tap international bond markets this year.

  • 17 Jan 2019

• Voto Cimentos plots bond buy-back

  Brazilian building materials company Votorantim Cimentos is looking to buy back up to $650m of outstanding bonds using funds that its parent company is set to receive from the sale of its stake in pulp and paper company Fibria.

  • 17 Jan 2019

• Lat Am storms into life as Mexico, Uruguay fetch big books

  Latin American bond bankers were urging issuers to head to market on Thursday after Mexico and Uruguay emphatically showed there was strong appetite for new paper.

  • 17 Jan 2019

• Investors back Mexico amid Lat Am positivity

  

  Bond buyers gave Mexico’s new government a vote of confidence on Wednesday as they piled into the first bond deal from the sovereign since Andrés Manuel López Obrador (Amlo) became president.

  • 17 Jan 2019

• Uruguay pushes beyond guidance to kick-start Lat Am bonds

  

  If any of Latin America’s larger sovereigns spent the first half of January lingering on the sidelines not wanting to pay up for being the region’s first issuer in 2019, their angst was misplaced.

  • 16 Jan 2019

• Digicel finally wraps exchange but Fitch warns on governance

  

  Caribbean telecoms group Digicel has finally wrapped up a distressed debt exchange to avoid a potential default next year, after extended negotiations with bondholders. But Fitch warned on Monday that the move has 'undermined' the group’s position with creditors.

  • 15 Jan 2019

Latin America news archive