Top Section/Ad
Top Section/Ad
Most recent
Issuers struggle over what concessions investors will require
Issuance in March was never going to be hefty after a record start to the year
Government borrowing costs are rising on local and international markets, and credit ratings are falling
Sovereign also added $300m to a long-dated dollar note
More articles/Ad
More articles/Ad
More articles
-
Government-owned lender Banco Nacional de Panamá could debut in bond markets this week after mandating for a Reg S-only guaranteed deal, GlobalCapital understands.
-
Latin American bond bankers say they expect new issuance to come at a calmer pace for the next few weeks, with just two Brazilian companies the only borrowers from the region to venture into primary markets this week.
-
Ecuador publicly took on dissenting bondholders this week, after a debt restructuring that some major institutional investors consider to be exemplary proved to be not to everyone’s liking.
-
Banco BV, the banking arm of Brazilian conglomerate Votorantim, raised $500m of five year senior unsecured bonds on Wednesday in a deal well supported by retail, local and Brazilian bank buyers as well as the usual EM-dedicated institutional accounts.
-
Panama’s second largest bank, Banistmo, is planning a first international bond issue in nearly three years, according to rating agency reports.
-
A group of institutional investors owning Belize’s $526.5m of 2034 bonds said on Thursday that they would support an effort by the government to capitalise the next three coupon payments due on the bond. But some analysts say payment delays are unlikely to cure the country’s debt woes.