Category: Web Articles

Ill-fated Aerolineas Argentinas falls to earth.
The privatized flag carrier is losing more than a $1 million a day. SEPI, the Spanish government agency that took over the airline from state-owned Iberia, is looking for a buyer.

Domingo Cavallo takes over as economy minister of Argentina as the government struggles to rebuild credibility and stave off default. Cavallo’s magic seems to work and investors gradually begin to regain confidence in Argentina.

Armed with a credit rating higher than the sovereign and a growing reputation as a company committed to financial transparency, Mexico’s Cemex, the world’s third-biggest cement company, sold $500 million […]

Two years after the last emerging markets crisis, the Latin American capital markets have proven themselves resilient though not uniformly robust. In 2000, the Latin markets rewarded stable governments and big name equity issuers. They were more selective with corporate issuers but gave borrowers decent terms. The most aggressive action came on the M&A front, where US takeover tactics took center stage

Last year saw a series of large, complex and successful foreign debt exchanges in Latin America, a tribute to the remarkable economic successes of borrowers such as Mexico and Brazil. […]

The perception gap is widening between Brazil and Mexico and weaker credits like Argentina, Peru and Colombia. Mexico made the most progress last year and Brazil is riding a recent upgrade. But the Andean countries are still struggling.

Against a backdrop of buoyant financial markets and in anticipation of an upgrade to investment-grade status, Mexico in March floated a €1 billion, 10-year bond, led by joint bookrunners Credit […]

It’s a big deal when a Latin American company acquires a US or European firm, even more so when it represents the biggest acquisition ever by a company from the […]

Last year, the World Bank became the first foreign issuer to launch a bond in Mexican pesos. The bank’s 1 billion peso ($106 million), three-year euronote helped Mexico raise international […]