Top Section/Ad
Top Section/Ad
Most recent
Mexico paid a similar new issue premium for its $9bn deal last week
◆ What has driven this week's record issuance and what might threaten sentiment ◆ Why the Maduro affair is a wake-up call for the EU ◆ Resolving Venezuela's debtberg
New issue premiums were slim for the LatAm sovereign duo
It will take years and huge amounts of money to get Venezuela in a state to restructure its debt
More articles/Ad
More articles/Ad
More articles
-
The government of Bermuda turned to bond markets for the first time since November 2018 on Monday, raising $1.35bn of new notes to repay debt and fund fiscal spending including Covid-19 measures.
-
A new Brazilian law is set to boost credit card ABS securitizations from non-bank lenders, helping the alternative sector to thrive despite the economic fallout from coronavirus.
-
A group of bondholders holding more than a quarter of the Province of Neuquén’s senior secured bonds said on Friday that they “categorically” reject the Argentine regional government’s restructuring proposal.
-
Central American sovereign Belize said this week that more than three-quarters of its bondholders supported its proposal to capitalise its next three bond payments. The Covid-19 pandemic is battering the country’s tourism-reliant economy.
-
Two Latin American corporates sold dollar bonds this week, but market participants said August is mostly as quiet as expected, as focus turns to potential September supply.
-
Real money investors have historically avoided the reputational risk involved in participating in sovereign debt restructurings. But a truly socially responsible investor should embrace these situations — for the sake of both their clients and troubled emerging nations.