Latin America
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Moody’s cuts Brazilian airline, calling proposed liability management 'distressed'
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More companies set to follow Braskem but red hot conditions may not last
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Petrochemicals firm prints $1bn 10 year as LatAm corporate bond issuance remains muted
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Petrochemicals company could issue in dollars as soon as Wednesday
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Mexican oil company reasserts market access with impressive execution but investors seek more sustainable solution
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Official institutions and agencies drive demand for Central American development bank
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New bond lands flat to curve with deal 10 times oversubscribed at peak
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No new issue premium needed for the multilateral's seven year deal
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Despite president’s defiance, market still prices in default amid limited financing sources
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EM bond buyers scramble to put cash to work allows sovereign to print far inside level of last deal from two months ago
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Buying back debt cheaply does nothing for long-term debt sustainability nor bond market access
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Lender’s dollar bond could push region’s smaller issuers to “get off the fence” and restart issuing