Category: Web Articles

Bond trading volumes and issuance collapse following the
Russian default of August 1998. Long Term Capital Management fails, wiping out leveraged investors in the emerging markets.

Faced with $170 million in debt coming due in 1998, Guillermo Gotelli, the straight-shooting president of Argentine athletic footwear company Alpargatas, had a cold realization: because the extreme turmoil in Asian markets was likely to keep international volatility high and liquidity low well into into the year, unusual measures would have to be taken if his company were to cover its debts. In short, extraordinary conditions required extraordinary actions

CEI Citicorp Holdings’ Handley still hooking hard in tough scrums

For Larry Summers, Deputy Secretary of the US Treasury, the first two months of 1995 passed as a blur of tense cross-border telephone calls, White House briefings and Capitol Hill negotiations. “(Mexican Finance Minister) Guillermo Ortiz and I spent so much time together that we came to recognize not just our wives’ voices but also our children’s voices,” said Summers, a key architect of the $50 billion rescue package that saved the Mexican economy. Summers’ role in the saga earned him LatinFinance’s 1996 Man of the Year title.

March 1996

The year 1995 promises to be a difficult one for Mexico. Government, banks and corporations now face a number of challenges. Astronomical domestic interest rates and severely restricted capital inflows point to a serious recession in 1995, with effects to be felt throughout the Mexican economy

The Andean Investment Forum is a high-level, invitation-only summit created to bring together the international investment community with Andean public and private sector leaders for debate and discussion on the rapid evolution of the global financial markets, its effects on the Andean economies and emerging opportunities for corporate and sovereign financing.

Este evento pretende reunir investidores, estruturadores e emissores de transações de crédito estruturado para que sejam trocadas experiências práticas…

How new trade deal will increase investment in Mexico Watch Seade discuss what improvements he sees in the USMCA in his keynote address at the 9th Latin America China Investors […]