This is far from the most dynamic market in the history of LatAm DCM, but one shop has fought its way to the top, building on five years’ hard work. For the first time ever, HSBC is our Bond House of the Year, and its global reach and heavy balance sheet leave it in a strong position for 2009.
Category: 2009
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BEST FINANCING INNOVATION
Afores have in recent years been flush with cash to spend on long-term investments. Restrictions on where they can put it, however, have limited their options and often diverted funds from projects.
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BEST LOAN HOUSE
The 12 months through October 2008 marked a turning point for LatAm syndicated loans. The period is characterized by extreme turbulence that rattled its participants, upended deals, and shifted the rankings of leading institutions.
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Mexican Cement Cracks Up
Once the bluest of LatAm blue chips, Cemex got caught out by the global crunch. Liability management, capex and recovery in US construction pave the road back.
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Tempest-Tossed
Citi’s global meltdown strains its commitment to LatAm, and crown jewel Banamex might have to be sold. Nonetheless, the bank’s regional head staunchly defends his turf.
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Local Currency Deal
Tenor Extender The standout transaction for América Móvil, one of the most savvy corporate issuers in the region, was its tenor extending 30-year Europeso issue. The deal almost slipped through […]
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Local Currency Financing
Getting Reais The IFC broke new ground for the Brazilian corporate debt market in October with a debut issue, actually in reais. Unlike previous local trades from multilaterals, the 200 […]
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Primary Equity Issue
Great Exchange Expectations It was not just the biggest equity deal of 2007 from LatAm, the fifth largest IPO globally and the most substantial to date from any exchange. The […]
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Private Equity Deal
Refocusing Pride GP Investment’s $1 billion acquisition of a collection of LatAm assets from Pride International has vaulted the Brazilian private equity firm into a new league. It is now […]