In today's Morning Views publication we comment on developments of the following high yield issuers: Ecopetrol, Frontera Energy, Nexa, LATAM Airlines, Azul, Minerva, Peru LNG, Buenaventura, Samarco, Ero Copper, Petrobras, Telecom Argentina, CSN, Cosan SA, Aegea, Tupy, Adecoagro, Grupo Nutresa, AI Candelaria, Braskem, Embraer, Ambipar
LATAM Airlines has held its 2025 Investor Day. The execution of the company's strategy on deploying capacity and unit-cost control have boosted its positions in domestic and international markets and led to improved customer metrics and margins. LATAM has updated its FY 2025 guidance and the FY 2026 and 2027 forecasts reflect a continued upwards trajectory. The company has also outlined a multi-year fleet plan centred on gradual growth, higher efficiency and disciplined capital allocation.
In today's Morning Views publication we comment on developments of the following high yield issuers: Falabella, Natura, Movida, Agrosuper, Telecom Argentina, Marfrig (MBRF), GOL, Camposol, Alsea, LATAM Airlines, Aeromexico, Adecoagro, Cosan SA, Braskem, FS Agrisolutions
In the latest edition of our LatAm Trade Book, we review most of our current trade recommendations. We also discuss key metrics of the issuers and how the bonds fare relative to peers. Please reach out to our analysts to discuss any of these ideas, or other trade recommendations from our LatAm coverage.
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