LatAm Bonds

Argentina has released price guidance for a €2.5bn triple tranche bond at levels a trader in London described as shockingly wide, while investors started to fret about how much debt the country takes on.

Latin American power generation and distribution holding company Inkia Energy is likely to sell a new 10 year non-call five bond on Thursday after wrapping up investor meetings on Wednesday.

Argentine lender Banco Hipotecario returned to the international markets with a peso-linked deal on Wednesday, becoming the fourth Latin American issuer to sell global local currency bonds in two weeks.

Emerging market investors are tuned into the reality TV show turned real life saga of Who Will Be The Next Fed Chair, with Janet Yellen’s replacement expected to be announced on Thursday.

Empresas Públicas de Medellín (EPM) offered an attractive premium to the Colombian government, said analysts, after beating FX volatility to issue the largest ever global Colombian peso deal on Tuesday.

South American development bank Corporación Andina de Fomento (CAF) returned to the dollar market this week with a $1bn five year fixed-rate note.

Multibank, the Panamanian bank, will begin investor meetings on Tuesday ahead of a proposed senior unsecured bond issuance in the US dollar market.

Grupo Bimbo, the Mexico-headquartered baked goods group, will begin meeting fixed income investors on Wednesday ahead of what would be its first cross-border issuance in over three years.

Corporación Andina de Fomento (CAF) is this week set to bring its second dollar benchmark of the year, the proceeds from which will be used to pay off a $1bn floating rate note maturing next year.

Market analysts are confident that Venezuela's PDVSA can make imminent debt payments, but there is little consensus beyond that after the oil company waited until the last possible moment to release funds for a principal payment on Friday.

Latin America’s most prolific issuer of the last two years is hoping to make its expected return to the euro-denominated bond market on Thursday.

Pan-Latin American power generator and distributor Inkia Energy is meeting fixed income investors this week ahead of a planned 10 year bond issue.