Macro
A Stormy Outlook for Latin American Credit in 2016
The knock on effect of investors fleeing the sector for Latin American economies and Latin American Credit. In this article, Vernon Budinger, CEO / CIO, Latin America Structured Finance Advisors, LLC analyses the emerging debt investment landscape in Latin America and paints a picture of some of the region’s key markets in 2016.
8 Jan 2016
Case Study: Financing Lima’s First Underground Metro
At a total cost of over $5.6bn, the Lima Metro Line 2 is both Lima’s first underground metro line and the largest securitization to date in Peru's history of RPI-CAOs, the government’s payments rights mechanism. In this article, we reviewed the deal and spoke to Ignacio Montero Ezpondaburu, Corporate Finance Head of Public-Private Infrastructure Advisory at Banco Santander, about the financing…
8 Jan 2016
Bonds & Loans 2015: The Year in Review
Read the annual review for a snapshot of the notable deals and events to impact our markets across 2015.
5 Jan 2016
September Oil Market Monthly
Each month the world’s leading oil market experts at KAMCO share their outlook on the latest trends and oil pricing, flows, production and demand in globally. Here is a snapshot of what they have observed last month and what they forecast for September.
25 Sept 2015
EM fixed income outlook gloomy: can investors weather the storm?
With Brazil’s credit rating downgrade, China’s economic lag and struggling commodities, many are pointing to increased capital outflows in emerging markets as the miner’s canary for further currency depreciation and challenges in EM fixed income. However, some believe the EM bond markets may be down – but not out, writes Jonathan Brandon.
17 Sept 2015
CFO Perspective: Jose de Jesus Rodriguez, CFO at Gas Natural Mexico
With the creation of laws last year that make it easier for foreign companies to export gas to Mexico and drilling expansion in Texas sending exports skyrocketing, Mexico is currently in the midst of a gas infrastructure boom. This has also resulted in an increased appetite for long-term investment in the region’s energy infrastructure. We spoke with Jose de Jesus Rodriguez, CFO at Gas Natural…
4 Sept 2015
CFO Perspective: Martha Rodríguez Rico, CFO at Grupo Cementos de Chihuahua
Having recently successfully completed the refinancing of Grupo Cementos de Chihuahua’s bank debt we sat down with the company’s CFO Martha Rodríguez Rico to discuss how the deal helped improve the cement specialist’s financial flexibility, and how companies can find the right balance between different debt capital instruments.
4 Sept 2015
Case study: Jorge Barrenechea discusses BCI's recent bond issuance
We speak to Jorge Barrenechea, Head of Treasury & International at BCI about their recent bond issuance; why the company decided to issue bonds, the process of preparing and executing the transaction and key lessons for CFOs considering similar transactions.
1 May 2015
Video interview: Jack Deino, Invesco, discusses the trends foreign investors look for
We're delighted to launch our new video channel which will host videos with notable CFO's and investors as well as video coverage from our events. We're opening the channel with a video interview with Jack Deino, Head of Emerging Markets Portfolio Management, Senior Portfolio Manager, Invesco. Jack recently spoke at our Bonds, Loans & Derivatives Andes conference last month about attracting…
20 Apr 2015
Investor Perspectives: Sergey Dergachev, Union Investment Privatfonds
As interest rates in the US look set to rise and the ECB begin their quantitative easing programme, we ask Sergey Dergachev, Senior Portfolio Manager and Lead Manager for Union Investment Privatfonds’, for his viewpoint on how this will impact Emerging Markets fixed income. He also explains how a pick up in US growth will affect Emerging Market bonds.
1 Apr 2015