Latest Latin America news

• Voto prices at last as BRF wraps roadshow

  

  Brazilian lender Banco Votorantim found ample demand for a dual tranche issue on Tuesday after waiting nearly two weeks from the end of its roadshow to announce a deal. Compatriot food company BRF could now bring a deal a little quicker having concluded its own investor meetings.

  • 18 Sep 2019

• New Petrobras 10 year to surpass $4bn

  

  Brazilian state-owned oil and gas giant Petrobras will issue a new long 10 year of over $4bn after existing bondholders agreed to participate in an exchange offer that will see them swap old notes for a combination of cash and new paper.

  • 17 Sep 2019

• Pemex comeback bonds fly as exchange launched

  

  Mexican state-owned oil company Pemex found plenty of follow-through demand in secondary markets as all three tranches of its $7.5bn bond issue traded up on the break.

  • 16 Sep 2019

• Southern Copper sub to hit bond markets

  

  Minera México, the largest subsidiary of the Southern Copper Corporation, will hold investor meetings this week as it looks to join the slew of Mexican credits taking advantage of benevolent bond markets.

  • 16 Sep 2019

• Avianca exchange meets shareholder hopes

  Avianca took a step closer to drastically improving its liquidity profile after 86.4% of its bondholders agreed to participate in a bond exchange that could unlock up to $250m of new funding from United Airlines and the Colombian firm’s second largest shareholder, Kingsland Holdings.

  • 12 Sep 2019

• Alpek’s slim concession continues Mexico run

  Alpek, the petrochemicals business of Mexican conglomerate Grupo Alfa, sold a $500m 10 year bond on Wednesday at the tight end of expectations to become the latest in a line of Mexican issuers to tap the primary market in September.

  • 12 Sep 2019

• Petrobras exchange leads Brazilian LM surge

  Brazilian oil giant Petrobras is looking to push out bond maturities and reduce its debt stock with an exchange and tender offer, as companies from the country take advantage of strong market conditions to reprofile their liabilities.

  • 12 Sep 2019

• Pemex plots return as capital injection lifts bond prices

  

  Mexican oil company Pemex is set to “defend its ratings” with an imminent new issue, bond exchange and buy-back to be partially funded by a capital injection from the government.

  • 12 Sep 2019

• Mexico's Alpek returns with slim concession

  Alpek, the petrochemicals business of Mexican conglomerate Grupo Alfa, sold a $500m 10 year bond on Wednesday at the tight end of expectations to become the latest in a line of Mexican issuers to tap the primary market in September.

  • 12 Sep 2019

• Investors pile into Pemex as government offers support

  Mexican state-owned oil giant Pemex emphatically showed it has access to capital markets on Thursday as it received more than $35bn of orders on the way to a $7.5bn trade that could grow as existing bondholders participate in an exchange.

  • 12 Sep 2019

Latin America news archive