Latin America

‘Stars aligned’, says issuer, as third double-A rating coincides with improved tone

Early-year strength has surprised many issuers, who may need to hurry not to miss their chance

Tangelo, the issuer formerly known as Mexarrend and Docuformas, will not make coupon payment on January 24

Brazilian labelling manufacturer raises €120m for subsidiary Tags Lux

Rare single-B name notches $400m but costs too high for most

Colombia’s state oil firm breaks long hiatus in LatAm corporate issuance

As a single-B rated credit, Liberty Costa Rica would be an unusual reopener for LatAm corporate bond issues

Secondary performance suggests additional demand but public credit head happy to kick off funding early

Sovereigns find exceptional issuance window but market still fragile

Visibility lacking on VTR’s joint venture with América Móvil, says Moody’s

Debt markets have come to accept political instability in the country

GlobalCapital’s survey of 13 Latin America DCM heads points to a recovery of sorts for the region’s bond market after its worst year since 2008. Corporate issuance is the biggest unknown, but the market’s fate appears to lie in the hands of the Fed. By Oliver West.