Latin America

Argentine lender Banco Hipotecario returned to the international markets with a peso-linked deal on Wednesday, becoming the fourth Latin American issuer to sell global local currency bonds in two weeks.

Empresas Públicas de Medellín (EPM) offered an attractive premium to the Colombian government, said analysts, after beating FX volatility to issue the largest ever global Colombian peso deal on Tuesday.

BBVA is shuffling several senior bankers in its global project finance team, after its global head of energy project finance departed to take up a role at ING Capital in New York.

South American development bank Corporación Andina de Fomento (CAF) returned to the dollar market this week with a $1bn five year fixed-rate note.

Multibank, the Panamanian bank, will begin investor meetings on Tuesday ahead of a proposed senior unsecured bond issuance in the US dollar market.

Grupo Bimbo, the Mexico-headquartered baked goods group, will begin meeting fixed income investors on Wednesday ahead of what would be its first cross-border issuance in over three years.

Corporación Andina de Fomento (CAF) is this week set to bring its second dollar benchmark of the year, the proceeds from which will be used to pay off a $1bn floating rate note maturing next year.

Market analysts are confident that Venezuela's PDVSA can make imminent debt payments, but there is little consensus beyond that after the oil company waited until the last possible moment to release funds for a principal payment on Friday.

Latin America’s most prolific issuer of the last two years is hoping to make its expected return to the euro-denominated bond market on Thursday.

Pan-Latin American power generator and distributor Inkia Energy is meeting fixed income investors this week ahead of a planned 10 year bond issue.

Latin American development bank Corporación Andina de Fomento (CAF) is gearing up for its debut Panda bond before the end of 2017, which would make it the first in the format from South America. But the deal will only go ahead if the People’s Bank of China fulfills its promise of making the issuance process easier for foreign borrowers, the issuer told GlobalRMB.

As Venezuela edges closer to a catastrophic default, bond issue markets in Latin America continued to thrive this week as three Lat Am borrowers snatched blow-out deals.