Dominican airport operator picks banks for investor meetings in a bid to buy back its outstanding 2019 notes
Tag: liability management
Posted inDaily Brief
Petrobras plots bond sale, LM exercise in early 2017
Brazilian oil company may cash in on OPEC’s decision to cut oil production and also raise capital before any further Fed rate hikes
Posted inDaily Brief
Petrobras makes LM push as maturing debt nears
Brazilian state-owned oil company has not ruled out a potential LM, new issue combo next year
Posted inDaily Brief
Vale plots LM, refi trades as metal prices stabilize
Brazilian miner looks to delever some $2.5bn in debt maturing over the next two years
Posted inDaily Brief
Cemex buyback falls short
Bondholders tender $241m of the Mexican cement maker’s outstanding 2021 notes
Posted inDaily Brief
Fitch downgrades PDVSA
Rating agency cuts Venezuela’s state-owned oil company a day after a bond swap intended to reduce the debt load
Posted inDaily Brief
PDVSA bonds trades up after swap
Venezuelan oil company nets almost 40% in 2017 bonds, prompting talk of another debt swap early next year, sources say
Posted inDaily Brief
LATAM puts bond issue on hold
Chilean airline halts potential cross-border bond plans after postponing a $463m buyback
Posted inWeb Articles
Fitch downgrades Venezuela’s PDVSA
Rating agency cuts the state-owned oil company to CC from CCC one day after PDVSA announces the results of a debt swap intended to ease a crippling cash crunch
Posted inDaily Brief
LATAM scraps bond buyback
Chilean airline had offered to buy up to $463m in old notes from Brazilian carrier TAM but now says it will not pay anything and return any tendered notes to bondholders