LatAm Has Resource Buffer if Iran War Hurts Growth: BlackRock
BlackRock’s senior strategist says Latin America’s abundant metal reserves give the region a buffer against a potential global slowdown triggered by the Iran‑Israel conflict. The area’s copper, lithium and nickel supplies are essential for the AI‑driven hardware boom, providing a natural hedge for growth. While the war could curb worldwide demand, BlackRock expects Latin America’s resource base to sustain investment inflows. The firm highlights the region’s strategic position in the emerging AI supply chain.
BBVA Perú Lines up Financing
BBVA Peru announced plans to secure up to $150 million in financing from a Spanish state‑owned lender. The loan is intended to bolster the subsidiary’s credit portfolio and accelerate its digital transformation initiatives. BBVA aims to use the funds to expand...
Marcopolo Picks up BNDES Loan
Brazilian bus maker Marcopolo has secured a loan from the state development bank BNDES to fund its export‑focused growth plan. The financing, whose size was not disclosed, will be used to upgrade production capacity and support new overseas contracts. Marcopolo...
América Móvil Buys Desktop
América Móvil announced the acquisition of a 73% stake in Desktop, a Brazilian internet service provider. The deal, terms undisclosed, gives the Mexican telecom giant a controlling interest in one of Brazil’s fastest‑growing broadband operators. By adding Desktop’s fiber and...
ISA Energia Heads Back to Brazil Bond Market
Colombian energy group ISA Energia is returning to the Brazilian bond market through its Brazil subsidiary, ISA Energia Brasil. The company plans to raise roughly $200 million via a new fixed‑rate bond issuance. Proceeds will fund expansion of solar and biomass...
Banco GNB Perú to Hit up Local Bond Market
Banco GNB’s Peruvian arm is preparing its first local‑currency bond issuance under a newly created bond program. The move marks the Colombian lender’s debut in Peru’s domestic debt market, aiming to raise capital for growth initiatives. By tapping local investors,...
Petrobras Awaits Antitrust Verdict on Braskem Deal
Petrobras is awaiting the Federal Competition Authority’s decision on its proposed acquisition of Braskem, a deal valued at roughly $10 billion. The antitrust review is expected to conclude in the second quarter of 2026. Simultaneously, the state‑controlled oil major confirmed it...
Garbarino Fails to Emerge From Bankruptcy
Argentina's leading electronics retailer Garbarino has officially failed to emerge from bankruptcy, after an exhaustive search for a buyer and a viable debt‑restructuring plan fell short. The company could not secure new financing or a strategic partner to address its...
Investors Welcome Bradesco Healthcare Shakeup
Brazilian financial giant Bradesco announced it will consolidate all of its healthcare holdings into a single, publicly listed division. The restructuring creates a dedicated health platform that will house hospitals, insurance operations, and ancillary services under one corporate umbrella. Investors...
Panama Seizes Two Canal Ports
Panama's government announced the seizure of two strategic ports along the Panama Canal, citing national security and revenue concerns. The move follows a series of regulatory actions aimed at tightening state control over critical infrastructure. Officials indicated that the ports...
Lundin Bags More Credit for Copper Project
Lundin Mining secured an additional credit facility to fund its flagship copper development, expanding the financing previously arranged for the project. The new credit line, sourced from a syndicate of international banks, adds $500 million to the existing $1.2 billion pool,...
