Latin America

Ministers from Argentina are flying into Washington this week but with elections just days away, the fate of the country’s IMF bailout plan will depend on the attitude taken by Alberto Fernández, the odds-on favourite to be the next president.

Telecommunications Services of Trinidad and Tobago (TSTT) raised $300m in senior secured bonds on Tuesday.

Suriname’s finance minister Gillmore Hoefdraad tells GlobalMarkets that reforms are under way to bring structural improvements to the resource-rich economy

A well-managed mining sector, falling inflation and increasing reserves continue to underpin Suriname’s recovery. However, further robust policy action is still needed to lay a sustainable base for stability and growth

Suriname’s new central bank governor has had an immediate impact, ringing the changes and setting out his vision for 2030

As drilling advances off the coast of Suriname, the CEO of the state-owned oil company Staatsolie is calling for the country to prepare itself for a big oil discovery

Bond market participants had been mostly confident that Ecuador’s government could see out mass public protest and stick to IMF-supported measures designed to shore up public finances — until last Friday, at least. But bondholders could be in for a tough time after the government backtracked on these measures.

BAC International Bank has returned to the loan market, seeking $100m from a global syndicate.

Colombian airline Avianca has pushed out the deadline on its bond exchange by two weeks as continues negotiations with its broader creditor base on a restructuring of its debt.

Latin American debt capital markets bankers say that the continued absence of Mexican retail and beverages conglomerate Femsa in primary markets could indicate lower risk appetite among investors as the year comes to a close.

One of the strongest credits in Argentina will seek to entice bondholders to push out maturities by turning a portion of its existing bond into cash and increasing the coupon on the remaining amount.

Colombian natural gas distribution company Promigas and Rutas 2 and 7, a securitization to finance a road in Paraguay, brought life to an otherwise subdued week in Latin American primary markets on Tuesday.