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Daniela Guzman

GM undergoes delicate balancing act to shore up liquidity through crisis

25 Mar 2020

NEW YORK, March 25 (LPC) - General Motors Co (GM) is managing a delicate balancing act as it readies to draw down US$16bn in loans while refinancing debt of similar size, facing a longer than expected shutdown of its plants and considerable revenue losses.

Banks face liquidity strain as corporations tap revolving credits

19 Mar 2020

NEW YORK, March 19 (LPC) - As corporations draw down on revolving credit lines to combat the expected adverse effects on earnings of the coronavirus pandemic, the ability of US and global banks to provide liquidity has come into question.

US companies eye credit lines as pandemic worsens, uncertainty soars

12 Mar 2020

NEW YORK, March 12 (LPC) - US companies including Hilton Worldwide and Wynn Resorts have begun tapping their credit lines to shore up liquidity amid growing market uncertainty triggered by the coronavirus outbreak.

Air and cruise lines shore up liquidity as coronavirus hits travel industry

11 Mar 2020

NEW YORK, March 11 (LPC) - Travel and leisure companies have tapped their relationship banks for new loans to bolster liquidity and shore up investor confidence as the global spread of coronavirus heightens fears over passenger travel and canceled reservations pile up.

MOVES-HSBC hires Paul Griffin to lead software banking coverage

06 Feb 2020

NEW YORK, Feb 6 (LPC) - - Paul Griffin has been named head of software investment banking at HSBC, according to an internal memo from the bank obtained by Refinitiv LPC.

Belt and Road Initiative to boost Chinese lending in LatAm

28 Jan 2020

NEW YORK (LPC) - China’s Belt and Road Initiative (BRI) is jumpstarting new infrastructure and energy development projects in Latin America, while opening the door for more Chinese lending in the region.

Boeing seeks up to US$12bn in loans to ease liquidity needs

24 Jan 2020

NEW YORK, Jan 24 (LPC) - Airplane manufacturer Boeing Co is in talks with banks to obtain up to US$12bn in loans, a move that comes as financial pressures mount on a company reeling from a production halt on its 737 MAX aircraft, sources said.

MOVES- BofA's Ortiz de la Peña to head syndicated loans for Latin America

14 Jan 2020

NEW YORK, Jan 14 (LPC) - Jorge Ortiz de la Peña has been promoted to the head of loan syndication for Latin America at Bank of America, sources said.

Investment grade market was liquid, stable and muted in 2019

19 Dec 2019

NEW YORK, Dec 19 (LPC) - Issuance in the investment grade loan market was strong this year, though slightly down from 2018, supported by jumbo merger and acquisition (M&A) transactions, as the market proved its capacity to continue to fund big-ticket companies.

Banks navigate Latin America's turmoil, protect lending relationships

14 Nov 2019

NEW YORK, Nov 14 (LPC) - Political crises, weak economic growth and social unrest have heightened investor anxiety in Latin America in recent months, but banks, keen on maintaining a strong presence in the region, are staying put.

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