Latin America

  • Chile looking beyond green bonds for 2021 funding

    Chile looking beyond green bonds for 2021 funding

    Chile, which in 2019 became the first Latin America sovereign to issue a green bond, is weighing up different thematic bonds as it makes its funding plans for 2021, according to a senior funding official.

  • Argentina’s economic struggles are a danger for provincial restructurings

    Argentina’s economic struggles are a danger for provincial restructurings

    Eye-watering bond yields on Argentina’s recently restructured sovereign bonds indicate that investors have little faith in its economic plans. That will make it hard for issuers and investors to see eye-to-eye in the wave of provincial debt restructuring talks that has followed the sovereign's deal with bondholders.

  • Chile bonds stable on referendum result but uncertainty lingers

    Chile bonds stable on referendum result but uncertainty lingers

    Chile's sovereign dollar bonds hardly budged in Monday trading despite its electorate voting to change the country's constitution the night before. But analysts believe uncertainty along the road to a new political agreement could harm investment, and the new constitution will likely drive up government spending.

  • Mexican telco to test appetite for Lat Am debutants

    Mexican telco to test appetite for Lat Am debutants

    Total Play Telecomunicaciones, the Mexican telecommunications company, is approaching international bond investors for the first time. With some EM investors saying they are ready for a pre-US election lull in bond issuance and mixed fortunes for recent new Latin America deals, it could provide a good test of the state of play in the region’s primary markets.

  • Suriname to miss coupon payment, engage IMF amid liquidity squeeze

    Suriname to miss coupon payment, engage IMF amid liquidity squeeze

    Suriname’s new government said on Thursday that it would not make a coupon payment due next Monday on its $550m of 9.25% 2026s as it prepares for restructuring discussions. But with the Surinamese economy capable of generating high levels of hard currency, the focus could be on liquidity relief rather than principal haircuts.

  • Millicom, BRF find bid but Lat Am lull begins

    Millicom, BRF find bid but Lat Am lull begins

    Two corporate deals on Monday and a tiny tap from a Paraguayan beef exporter on Wednesday were all investors had to choose from in Latin American primary bond markets this week as issuance remains light ahead of the US elections next month.

  • Panama bonds head lower on third negative outlook

    Panama bonds head lower on third negative outlook

    Panama’s bonds traded lower on Wednesday, a day after Moody’s became the third agency to place the sovereign’s rating on negative outlook. Moody’s highlighted, however, that Panama’s broad bond market access remained a key credit strength.

Latin America News Archive