Category: Web Articles

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 […]

Now that free market reforms have failed to deliver widespread prosperity, the return of political instability, dormant in Latin America for most of the last decade, creates a new and unwelcome source of risk.

Several countires in Latin American adopt the US dollar in a last-ditch effort to stop inflation and economic instability.

Last year saw a burst of activity in Latin America’s new issues market after three slow years, with activity concentrated mainly in the region’s two largest and strongest economies – […]

Latin America’s battered economies emerge from a
downturn, but are about to be swamped by recession
in the US.