Faced by slow growth at home, Spanish and Portuguese companies want to hold on to valuable LatAm assets. But in times of distress these are also the easiest to sell.
Category: 2011 September / October
New Horizons
The pipeline for Colombian corporate bond and equity transactions is swelling as issuers look to take advantage of the sovereign’s new investment-grade status.
Overblown Bubbles
Fears of a credit bubble in Brazil may be overblown. Loan growth remains robust but it is slowing as central bank measures kick in.
Après Moi…
Venezuela’s presidential elections are still more than a year away. But the possibility of regime change is already moving spreads. Are investors blind to the underlying risks?
Restricted Success?
Brazilian local bond volumes are soaring as issuers swarm to file rule 476 offerings that make deals easier and faster for listed and non-registered issuers alike.
Belize pulls the plug
FDI-starved Belize would normally welcome a surge in investor interest, but the tiny nation is grabbing attention for all the wrong reasons.
Room to Expand
Peru’s pension system is growing exponentially, leaving managers scrambling for investment options. Infrastructure investments, foreign assets and a deeper equity market may help.
Betting on Sustainability
Investing in sustainability can be costly, but companies that do tend to outperform the index. The new M&E LatinFinance Sustainability Index (Brazil) proves the point.
Running for Cover
Mexico’s Congress looks set to pass covered bond legislation. The move will create a whole new asset class for the local market and may rejuvenate mortgage funding.
