Corporate funding risk in the region grows

Difficulty in accessing funds on the part of issuing companies in Latin America increased last year, Moody's rating agency indicated.

Friday, October 3, 2008

Despite this, the agency emphasized that non-financial issuers in the region have a manageable exposure due to their access to local capital markets, their close relation with the banking sector and the relatively strong economic growth.
Nonetheless, as capital markets become more difficult and the desire for risk by investors as well as banks is reduced, the need for funding may play a more important role in the next few months, commented Alexander Carpenter, Moody's credit official for Latin America.

¿Busca soluciones de inteligencia comercial para su empresa?

More on this topic

Panama: Bond Issuer Suspended

February 2017

Due to liquidity problems the Stock Exchange has suspended indefinitely trading of negotiable commercial shares by the company ChequeEfectivo S.A.

From a statement issued by the Stock Exchange:

We wish to inform the public that, in response to paragraph 6302 of our Rules of Procedure, the Stock Exchange of Panama, S.A.

Panama Rejects New Rules for Issuing Securities

November 2016

Limiting the debt of an issuer and an obligation to rate emissions are two of the requirements proposed by the regulator which have not been well received by the Panamanian securities market.

The proposal by the Superintendency of the Securities Market was subject to public consultation, and now "...

Panama: Increase in Emissions on Stock Market

September 2016

Between January and June registrations of securities issues amounted to $4.2 billion, up from the $2.944 billion recorded in 2015.

If the number of new issues registered with the Panamanian Stock Exchange continues to grow as it did in the first half of the year, the figure at the end of 2016 will be the highest in historical terms, surpassing the record of 2013, when $3.579 billion was recorded.

Costa Rica: Another Company Leaves Stock Exchange

September 2015

The company Vidriera Centroamericana SA will be taking out a bank loan to pay its corporate bonds listed on the stock market and is disenrolling as an issuer of public shares.

The reason behind the decision to leave the ailing Costa Rican stock market is that corporate debt bonds that the company issued in 2008 were no longer"...