Latest Latin America news

• Suzano finds momentum to encourage Lat Am

  

  Latin American DCM bankers are hoping that Brazilian pulp and paper producer Suzano Papel e Celulose gave the market the fillip it needed as the borrower enjoyed smooth execution on a surprise outing on Monday.

  • 18 Sep 2018

• Kaltex slashed amid pressing liquidity concerns

  

  Soft demand and higher costs continue to hit Grupo Kaltex, leading Standard & Poor’s to downgrade the Mexican textiles company to B- last week and maintain the bonds on negative outlook.

  • 17 Sep 2018

• More Latin LM expected as issuers offer liquidity

  

  Syndicate bankers say more Latin American issuers could follow Argentine oil and gas company YPF and Brazilian state-owned bank BNDES in buying back existing bonds as low dollar prices make tenders attractive and can provide investors with liquidity.

  • 13 Sep 2018

• Barbados bondholders set to fight restructuring

  

  Owners of Barbados’s international bonds are set to put up resistance to the sovereign’s restructuring plans, complaining that they have had poor communication from the defaulted government.

  • 13 Sep 2018

• Hints of new deals to test Lat Am buyers

  

  Some emerging markets (EM) syndicate bankers in New York are daring to dream that there could be new issuance from Latin America next week, but several buy-side players are less than enthusiastic at the prospect of new deals.

  • 13 Sep 2018

• Mexican non-bank lender to visit Switzerland

  With dollar markets requiring hefty concessions for Latin American issuers, the only new issue activity from the region since early July has arrived in the form of Santander Chile’s Swiss franc trade at the beginning of the month.

  • 13 Sep 2018

• Mexico City backs green bond declaration

  

  Mexico City on Wednesday became the largest city — and first city in Latin America — to sign the green bond pledge, a declaration seeking to encourage governments and companies to use green finance.

  • 13 Sep 2018

• Brazilian banks almost at covered bond starting line

  

  As the market waits for Brazilian banks to launch the first covered bonds out of the country, market participants from the country say it provides the lenders with a useful new instrument. But whether they can reach investment grade status in euros or dollars depends on currency risk mitigation, according to a Moody’s official.

  • 13 Sep 2018

• Barbados bondholders stumped by lack of progress

  

  Owners of Barbados’ international bonds on Tuesday issued a scathing rebuke to the government’s restructuring process, in response to the island nation’s domestic debt exchange.

  • 12 Sep 2018

• Natixis nabs Lat Am economist from Nomura

  

  French bank Natixis has hired Benito Berber as chief economist for Latin America as it builds out its platform in the region.

  • 12 Sep 2018

Latin America news archive