Andes
Political Volatility Breaks Wave of M&As in Latin America
The first half of 2018 has seen a record-breaking volume of corporate consolidation across the globe, and Latin America has become a prominent setting for such activity. The latest slowdown in M&A activity is thought to be stemming from the peak of elections-related volatility, from Mexico to Brazil, and most expect business to continue as usual once the dust settles.
15 Nov 2018
Rising Rates, Volatility Force Latin American Banks, Borrowers to Adapt to “New Normal”
Latin American economies are facing a range of complex challenges, both internal and external, as they power through the current election super-cycle – arguably the most significant in the region’s history. Bonds & Loans spoke to a number of Latin America-focussed debt capital markets bankers, rating agencies and law firms in the Americas to get a sense of the major themes and concerns that will…
22 Oct 2018
SWOT Analysis of Colombia’s Credit Markets
Bonds & Loans team spent some time on the ground in Colombia to meet with a broad range of local finance leaders in order to get a sense of the risks and opportunities on the horizon in the Andean country.
18 Oct 2018
Grupo Alumina CFO on Deepening Growth in International Markets
We speak with Edward Uribe, CFO, at Grupo Alumina about how US trade policy is affecting the company’s funding outlook and the prospects for the metals and construction sectors.
13 Sept 2018
Promigas CFO Aquiles Mercado González on Promioriente, Brilla and Expansion
Bonds & Loans speaks with Aquiles Mercado González, Chief Financial Officer at Promigas, on its distribution subsidiary’s hugely successful local market bond transaction, new opportunities for growth, and the company’s innovative non-bank financing programme.
5 Apr 2018
Latin America Deals of the Year Awards 2018: The Winners
The issuers, borrowers and mediators of the most innovative and outstanding debt capital market deals on the continent to be lauded at the prestigious awards ceremony. Winners: Latin America Deals of the Year Awards 2018
16 Feb 2018
HSBC: If Sustainable Finance is to Really Work, Mainstreaming Needs to be the Priority in 2018
If volumes are anything to go by, 2017 was a watershed year for green bonds, with the market seeing more than USD130bn of these securities issued globally. Emerging markets saw their fair share of firsts, including Latin America’s first sustainability bond, and the first green bond in Africa, while China continued to dominate the supply pipeline
2 Feb 2018
Latin America Credit Markets Brief: 26 October – 9 November
CAF tapped the international markets – Argentina raised interest rates by 100bp – Banorte and Interacciones to merge – Colombia pre-paid a bond – Brazil cuts rates – Banco Hipotecario issued a ARS6.3bn bond – Colombia’s stable outlook affirmed – Televisa’s head to step down – Venezuela to restructure USD60bn worth of debt
9 Nov 2017
Latin America Credit Markets Brief: 12 October – 26 October
Nafin to return to the yen market – CFE issued a triple-tranche bond in the local market –Petrobras gets upgraded – Gerdau sold USD650mn in fresh debt – Argentina raises rates – Consumer prices to fall in Peru – The IMF might bail out Venezuela – PDVSA´s assets continue to rally – Guatemala gets downgraded – Bancolombia issued a ten-year bond
26 Oct 2017
As LatAm Boosts China Links, Panda Bond Market Opens New Doors
China has over the years moved to strengthen its ties to Latin America in a range of areas, and a recently proposed free trade agreement between the Asian powerhouse and Mexico could take that one step further – potentially opening up a vast new trade and capital corridor between the two regions.
9 Oct 2017