| Issuers and coupons in 2008 | ||||
| Pricing date | Value $mln | Issuer parent | Deal nationality | Coupon |
| 8 Jan | 750 | Petrobras | Brazil | 5.90 |
| 11 Jan | 400 | Usiminas | Brazil | 7.00 |
| 2 Apr | 650 | AES | Venezuela | 8.50 |
| 7 Apr | 200 | Odebrecht | Brazil | 7.50 |
| 11 Apr | 150 | Vicunha | Brazil | 6.75 |
| 5 May | 100 | Cencosud | Chile | 7.187 |
| 6 May | 500 | SAB | Mexico | 6.00 |
| 8 May | 300 | Independencia Alimentos | Brazil | 9.87 |
| 8 May | 500 | Metalurgica Gerdau | Brazil | 7.25 |
| 21 May | 250 | Diagnosticos da America | Brazil | 8.75 |
| 28 May | 1,500 | Pemex | Mexico | 5.75 |
| 28 May | 1,500 | Pemex | Mexico | 6.62 |
| 29 May | 500 | Odebrecht | Brazil | 7.25 |
| 30 May | 150 | Vicunha | Brazil | 7.00 |
| 13 Jun | 150 | Arantes Alimentos | Brazil | 10.00 |
| 18 Jun | 144 | Comanche Clean Energy | Brazil | 12.50 |
| 23 Jun | 75 | Lupatech | Brazil | 9.875 |
| Source: Dealogic | ||||
As the region’s stock markets tumble and the international bond market shows no sign of opening, Latin American companies in need of cash are turning to plan B. “The loan market is still open in Brazil. There is also securitization. At the moment there is a plan B beyond the international bond market that will work for many Latin companies, especially for those in Brazil,” Dan Vallimarescu, head of debt capital markets at Santander, told Euromoney just days after Lehman Brothers’ collapse.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access