South America
-
International investors bought around half of Telefónica del Perú’s sol bond on Wednesday, as an attractive spread over the sovereign curve helped the telecoms company attract impressive size in a rare Latin American global local currency deal. -
Consorcio Transmantaro, the Peruvian power transmission company, is preparing a $400m green bond, according to rating agencies, though Moody’s says it expects less than 95% of proceeds to be used for qualifying green uses.
-
A strong aftermarket performance from Millicom’s Paraguayan subsidiary the day after pricing showed that Latin American bond markets were hungry for new supply, despite growing concerns over Brazil.
-
Telefónica Celular del Paraguay (TeleCel), the Paraguayan subsidiary of pan-EM telecoms group Millicom International Cellular, returned to bond markets for the first time in over six years on Thursday.
-
A bond market keen for duration welcomed pulp and paper producer Klabin’s dual-tranche offering this week, but a stormy atmosphere for Brazilian names put the new issue concession higher than recent deals as investors began to seriously doubt the country’s economic prospects.
-
The Peruvian subsidiary of Spanish group Telefónica will begin investor meetings on Thursday as it plans what would be the first ever global nuevo sol deal from a non-financial Peruvian corporate.
-
Klabin, the Brazilian pulp and paper company, returned to bond markets on Wednesday, taking advantage of a flattening yield curve to issue its first long bond, despite a bad day for Brazilian assets.
-
Telefónica Celular del Paraguay (TeleCel), the Paraguayan subsidiary of pan-EM telecoms group Millicom International Celluar, held investor calls on Wednesday as it prepared to tap bond markets for the first time in over six years.
-
Clemente del Valle, the CEO of Colombian development bank Financiera de Desarrollo Nacional (FDN), will leave his post on April 12 after six years at the lender.
-
The Peruvian subsidiary of Spanish group Telefónica will begin investor meetings on Thursday as it plans what would be the first ever global nuevo sol deal from a non-financial Peruvian corporate.
-
Brazilian pulp and paper company Klabin will make a second attempt to access bond markets in four months as it looks to buy back as many of its outstanding 2024s as possible
-
Latin American borrowers can look forward to a continuation of supportive funding conditions thanks to the dovish turn of the Federal Reserve, according to a new report from Moody’s.
