LatAm Bonds

An issuance vehicle behind Panamá’s proposed second metro line, which saw construction begin in October 2015, is looking to sell $619m of senior secured notes on Monday after announcing initial price thoughts of low 4%.

Colombia’s second largest lender Banco de Bogotá timed to perfection its return to international bond markets on Thursday, taking advantage of low levels of new issue supply from the jurisdiction so far this year to price a $600m 10 year senior unsecured bond.

Latin American bond markets are in no mood for a summer break yet, with three credits meeting fixed income investors this week.

Lat Am bond bankers praised Chilean copper miner Codelco for the timing and execution of its first new issue in nearly two years, after the issuer priced a new dual-tranche note flat to its curve and saw it edge tighter in secondary.

Mexican broadcaster TV Azteca is on the road with three banks ahead of a planned international bond sale as it looks to refinance existing debt.

Deutsche Bank has appointed a new head of Latin America debt capital markets after promoting from within, according to sources with knowledge of the move.

Deutsche Bank has appointed a new head of Latin America debt capital markets after promoting from within, according to sources with knowledge of the move.

Supply continued to seep into CEEMEA bond markets at the start of the week despite the looming summer slowdown and Wednesday’s US Federal Open Markets Committee meeting.

Investors dug deep for Chilean copper giant Codelco’s first bond issue in 22 months on Tuesday as bankers at the leads claimed a negative new issue premium on the issuer’s 10 year tranche.

Panama’s proposed second metro line is planning to sell $619m of senior secured debt boasting an effective sovereign guarantee, via an issuance vehicle known as SPARC EM SPC.

TV Azteca, the second largest Spanish language television producer in the world, is looking to raise new dollar debt just a few days after it said it would use pesos to prepay dollar notes due 2018.

Latin American business services company Atento and Panamanian lender Banco General will begin fixed income investor meetings on Monday ahead of planned dollar bond issuance.