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LATAM Airlines Group has raised $1.4 billion through a bond offering, showcasing its remarkable recovery. The Chilean-based airline priced its 2030 bonds at a 7.875% yield on October 1, 2024. This rate fell below the initial 8% guidance, reflecting strong investor confidence in LATAM’s future. The successful offering represents LATAM’s first bond issuance since exiting […]
The BRICS group, a coalition of emerging economies, has finalized its expansion plans. Meeting in Kazan, Russia, the current members have selected ten new countries to join their ranks. In addition, this decision marks a significant shift in the global economic landscape. Cuba and Bolivia have received invitations to join BRICS. However, Venezuela and Nicaragua, […]
