Argentina helps offset challenges in Brazil and Mexico.

BY JOACHIM BAMRUD

Despite the uncertainty around Donald Trump’s trade and economic policies in Latin America, the region has posted a strong performance so far when it comes to capital markets activity.

In January alone, Latin American sovereigns and companies raised more than $20 billion from various issues. That included $8.5 billion from Mexico, $3.3 billion from Chile, $1.5 billion from Chilean state company Codelco and $1.1 billion from Argentine state oil company YPF.

Meanwhile, the Central American Bank for Economic Integration (CABEI) raised $1.5 billion from its sustainable global bond.

From the private sector, Brazilian meat company JBS raised $1.75 billion, Mexican real estate investment trust Fibra Uno raised $800 million and Brazilian bank Banco Bradesco raised $750 million.

What is the overall outlook for Latin America-related capital markets work this year? What will be the main challenges? What is the outlook for Brazil- and Mexico-related capital markets work specifically? And what is the outlook for other markets? Latinvex asked three leading experts. Our panel:

Michael Fitzgerald, Corporate & Securities partner at Baker McKenzie.
Todd Crider, Head of Simpson Thacher’s Latin America Practice
Grenfel Calheiros, Head of Simpson Thacher’s São Paulo office

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Keywords:  Argentina, Baker McKenzie, Brazil, Colombia, Dominican Republic, Mexico, Peru, Simpson Thacher

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