Capital markets work has fallen dramatically in Latin America and the Caribbean as a result of the coronavirus, with market volatility and shifting priorities by debt and equity issuers putting many transactions on ice.
Data from deal tracker Dealogic shows that equity deals are largely off the table, while loan volume, corporate debt issuance and mergers and acquisitions have also dropped. But corporate lawyers with relationship-based practices in the region say they’re busy advising clients on financing, contracts and the roll-out of new laws and regulations that attempt to address the health emergency.
