Robust Demand Greets Brazil’s Euro Bond Comeback
Brazil ended a 12‑year hiatus from the European bond market, issuing €5 billion ($5.9 billion) across three tranches. Investors placed roughly €15 billion ($17.7 billion) in orders, allowing the sovereign to price the 2030, 2033 and 2036 notes at yields of 4.24%‑5.63%, a spread tightening of about 35 basis points. Joint bookrunners BBVA, BNP Paribas, Bank of America and UBS highlighted the strong demand, which the finance ministry called its largest ever international bond deal. The successful placement signals a potential shift back to euro‑denominated financing for both the government and Brazilian corporates.
JHSF Expands in Uruguay with Acquisition
Brazilian luxury developer JHSF has completed the acquisition of the Punta del Este hotel and casino from Chilean operator Enjoy, marking its entry into Uruguay’s high‑end tourism market. The transaction expands JHSF’s portfolio beyond Brazil, adding a flagship resort destination...
Risk of LatAm Fiscal Slippage Grows as Iran War Drags On
Latin American governments face mounting fiscal pressure as the protracted Iran‑Israel conflict keeps global oil prices elevated. Higher energy costs are eroding household purchasing power, prompting policymakers to consider subsidies that could swell public deficits. At the same time, many...
Oncoclínicas Moves Step Closer to Restructuring
Oncoclínicas, one of Brazil's largest private oncology networks, has moved a step closer to filing for bankruptcy protection by submitting a preliminary restructuring request to the courts. The company faces a debt burden exceeding $1.2 billion, which has eroded its liquidity...
UTE Drums up Funds for Solar Park
Uruguay’s state utility UTE tapped the domestic capital market to raise roughly $150 million through a 10‑year local‑currency bond, earmarked for a 150 MW solar park in the Salto region. The issuance was met with strong investor demand, closing at about 2.5...
Argentina Lands IBRD Loan
Argentina secured its first multilateral development bank loan of 2026 from the International Bank for Reconstruction and Development, a World Bank Group division. The financing is earmarked for infrastructure upgrades and broader economic recovery measures. The deal reflects Buenos Aires’...
CFE Hones Fund Plans for Mexico Power Expansion
Mexico’s state‑run utility Comisión Federal de Electricidad (CFE) is sharpening its financing strategy to support a major power expansion. Its investment arm plans to raise roughly $2.8 billion through a mix of equity and debt. The capital will back new generation...
Scotiabank Perú Readies New Local Issuance
Scotiabank Peru, the country’s fourth‑largest lender by loan portfolio, announced a new local bond program to raise up to $300 million. The issuance will be denominated in soles and targeted at domestic investors. The move aims to broaden the bank’s funding...
Arteris, Portobello Get New CEOs
Arteris, the Spanish‑controlled toll‑road operator in Latin America, announced the appointment of a new chief executive to steer its expanding network of highways. At the same time, Portobello, a leading regional ceramic‑tile manufacturer, named a fresh CEO to accelerate product...
Tecpetrol Gears up to Sell More Bonds
Argentine oil and gas producer Tecpetrol is preparing a new round of bond issuances to fund its $2.4 billion expansion in the Vaca Muerta shale basin. The company aims to tap both domestic and international investors after successfully closing a $1.5 billion bond...
ESSA Taps Bank Loan
Colombian power distributor ESSA has signed a 10‑year loan agreement with Bancolombia, securing long‑term financing to fund its grid expansion and modernization projects. The credit facility, structured as a syndicated bank loan, will be drawn over the decade to support...
FDN Backs Colombia Solar Park
Colombia’s development bank FDN has approved a multi‑year loan to fund a new solar park being built by US‑based Atlas Renewable Energy in partnership with local utility Isagen. The 100‑megawatt facility, located in the Cundinamarca region, will receive roughly COP 500 billion...
Embraer CFO Departs for Azul
Antonio Carlos Garcia, the chief financial officer of Embraer, has resigned to become the new CFO of Azul, Brazil's low‑cost carrier. Azul recently completed its Chapter 11 restructuring, positioning itself for growth in the domestic market. Garcia’s move signals a...
Actis Scouts for Fresh Renewables Projects in Mexico, Chile
Actis, the London‑based private‑equity firm with a $15 billion portfolio, is shifting focus to renewable‑energy projects in Mexico and Chile after exiting Peru’s largest power producer for roughly $1.2 billion. The firm’s North‑America director told LatinFinance the next investment wave will target...
Aena Wins Rio Airport Concession
Spanish airport operator Aena has secured the concession to run Rio de Janeiro’s main airport, marking its latest expansion into Brazil. Analysts note the bid was “surprisingly high,” estimated at roughly €1.5 billion (about $1.6 billion). The 30‑year agreement obliges Aena to...
