NEW YORK, April 24 (LPC) - UBS’ global co-head of leveraged
finance Francisco Pinto-Leite is planning to retire at the end
of this year after approximately 17 years with the Swiss
investment bank, according to a source familiar with the move.
NEW YORK, April 24 (LPC) - Companies emboldened by a
favorable court decision for Neiman Marcus are taking advantage
of the outcome to include language in loan documents curbing how
corporates allocate the collateral packages of their
subsidiaries, making it even harder to recover losses.
NEW YORK, April 17 (LPC) - Banks active in Latin America
have earmarked potential green loans for corporate borrowers,
which seek to advance environmental, social and governance (ESG)
criteria, despite some companies’ reluctance to allocate
resources to environmentally-friendly operations.
NEW YORK, April 8 (LPC) - French energy company Engie and
Canadian pension fund Caisse de Dépôt el Placement du Québec
(CDPQ) will tap into both dollar- and Brazilian real-denominated
debt with nine lenders to back its purchase of the
Transportadora Associada de Gás (TAG) natural gas pipeline in
Brazil from state-controlled energy company Petróleo Brasileiro
(Petrobras), according to three sources familiar with the
NEW YORK, March 28 (LPC) - Venezuela-owned oil refiner Citgo
mandated broker dealer and non-bank lender Jefferies to arrange
a US$1.2bn term loan, after its previous traditional bank
lenders declined to participate due to regulatory pressure to
comply with political restrictions on doing business with its
South American parent, sources familiar with the transaction
NEW YORK, Mar 21 (LPC) - Latin America’s most well-known
corporate borrowers are increasingly tapping the bank loan
market for low-cost funding, finding an international lender
base hungry to deploy capital and grow their dollar exposure to
NEW YORK, March 12 (LPC) - Trinidad Petroleum Holdings (TPH)
is in advanced debt restructuring talks with banks and has
secured new loans of up to US$1.4bn based on oil reserves to
ease a looming US$850m bond maturity in August, four people
familiar with the matter said.
NEW YORK (LPC) - The bank debt of oil refiner Citgo Petroleum Corp, US subsidiary of Petróleos de Venezuela SA (PDVSA), has been volatile in recent days as Venezuela’s political crisis deepens and the market prices in a potential regime change in the South American nation.
NEW YORK, Feb 27 (LPC) - The bank debt of oil refiner Citgo
Petroleum Corp, US subsidiary of Petróleos de Venezuela SA
(PDVSA), has been volatile in recent days as Venezuela’s
political crisis deepens and the market prices in a potential
regime change in the South American nation.
NEW YORK, Feb 22 (LPC) - International lenders active in
Mexico are targeting less risky companies to maintain some
exposure in a country adjusting to sweeping new policies from
the newly-elected left-wing president Andrés Manuel López