In the wake of the Odebrecht bribery scandal, governments across the region are overhauling the way they award and oversee new projects
Tag: Odebrecht
Posted inMagazine
LatAm infra markets struggle to shake off corruption
Project finance in Latin America is having another tough year as the effects of the Odebrecht bribery scandal rattle the region. Now political uncertainty in major economies may limit deal flow even further
Posted inDaily Brief
Political risk haunts LatAm credit
Region’s issuers potentially threatened by unfavorable policy reforms, financing conditions and weaker economic growth, Moody’s says
Posted inDaily Brief
ANI head calls time
Luis Fernando Andrade has resigned as president of Colombia’s national infrastructure agency
Posted inWeb Articles
CTG leads acquisition of Odebrecht’s hydro plant in Peru
Chinese investors agree to pay $1.39bn for the Chaglla hydroelectric plant, capping a deal that took more than two years to complete, sources say
Posted inDaily Brief
Odebrecht agrees to pay Panama fines
Brazilian construction firm also says it will cooperate with investigators that are probing bribes to the Central American country’s officials
Posted inDaily Brief
Chaglla sale gathers steam
Odebrecht is expected to pick a winning bidder for the Peruvian hydroelectric facility in two weeks, sources say
Posted inDaily Brief
Quartet of banks close GyM refi
Peruvian construction firm nets almost $80m to pay debt related to the GSP pipeline concession
Posted inDaily Brief
HNA takes stake in Rio airport
Chinese company pays Odebrecht just $19m for 60% of the concessionaire but assumes $317m in fees
Posted inDaily Brief
Peru lowers rates
Central bank cuts benchmark interest rate by 25bp to 3.75%, widely in line with analysts’ predictions