LatAm Bonds

The second in command in Mexico’s public debt office has left his job to become CFO of state-owned electricity utility, Comisión Federal de Electricidad.

GlobalCapital announces the results of its first full scale, standalone set of Sustainable and Responsible Capital Markets Awards.

Gulf supply remained the dominant theme in CEEMEA bonds again this week as markets reopened in buoyant mood after Monday’s US holiday.

A special purpose vehicle backed by the state-owned sponsor of Mexico City’s new airport will begin a roadshow on Friday ahead of a planned green bond.

Brazilian meatpacker Minerva will opt for a 10 year maturity when it returns to bond markets, according to Standard & Poor’s.

Telecoms giant Oi filed a restructuring proposal at a Rio de Janeiro court on Monday night as it seeks consensus on the largest bankruptcy in Brazilian history.

The Central American Bank for Economic Integration (Cabei) found plenty of suitors in the Formosa bond market, sealing a Rmb1bn ($150m) offering on Friday, its second deal in a week.

Chilean lender Banco de Chile is to issue $100m of senior unsecured floating rate notes, according to Moody’s and Standard & Poor’s.

The Central American Bank for Economic Integration (Cabei) is back with a Formosa bond just three days after it raised Rmb700m ($105m) in the same market.

Pesquera Exalmar, the Peruvian fishmeal farmer, achieved the majority consent from its bondholders this week that it needed to issue a senior secured loan.

Brazilian meatpacker Minerva should be the first of many Latin American issuers to hit cross-border new issue markets in September, said bankers, as a quiet period of primary activity and continued fund inflows have left investors hungry for paper.

Mexican government-owned development bank Nacional Financiera (Nafin) sold the first ever local currency green bond from Latin America on Wednesday in a deal that market participants said showed the direction the market needs to take to grow in the region.