By Nathan Gill Sept. 23 (Bloomberg) — Cia. Sudamericana de Vapores SA, Latin America’s largest container ship operator, rose the most in five weeks in Santiago trading after Standard & Poor’s said the company’s financial flexibility has improved. Valparaiso, Chile-based Vapores climbed 4.6 percent to 430 pesos at 1:42 p.m. New York time, its biggest… Read More Chile’s Vapores Climbs Most in Five Weeks as S&P Removes CreditWatch

By James Attwood and Nathan Gill Sept. 4 (Bloomberg) — Cristalerias de Chile SA, a glass container producer, rose the most in 14 years after agreeing to sell a stake in cable television company VTR GlobalCom SA. Cristalchile, as the company is known, rallied 15 percent, the most since April 1995, to 6,420 pesos in… Read More Cristalchile Rises Most Since 1995 on VTR Sale Accord

By Nathan Gill Sept. 3 (Bloomberg) — Bank lending in Chile probably will increase 2 percent this year as the economy rebounds in the second half from its deepest recession in a decade, the nation’s banking association said. Commercial loans and consumer lending should rise about 1 percent this year, the Asociacion de Bancos e… Read More Chile Bank Loans May Rise 2 Percent, Association Says

By Nathan Gill Aug. 28 (Bloomberg) — Banco Santander Chile, the country’s biggest lender, rose the most in three weeks after reporting profit that exceeded some analysts’ projections. The Santiago-based bank gained 2.7 percent, the most since Aug. 3, to 27.72 pesos. The unit of Spain’s Banco Santander SA reported net income of 219.2 billion… Read More Santander Chile Rises Most in Three Weeks on Earnings

By Nathan Gill Aug. 27 (Bloomberg) — Goldman Sachs Group Inc. and Chilean brokerage and investment bank Celfin Capital SA agreed to develop derivative products for Chilean pension funds, the country’s biggest investors, Celfin said. Goldman Sachs and Celfin will create and market financial instruments, including cross-currency and interest-rate swaps, for the South American country’s… Read More Goldman Sachs, Celfin to Sell Derivatives in Chile

By Nathan Gill Aug. 27 (Bloomberg) — Chilean banks’ combined profit increased 35 percent in July from the previous month as greater confidence in the South American country’s economy boosted consumer lending. Net income this year through July was 634 billion pesos ($1.2 billion), the banking regulator wrote in a report e-mailed today, without giving… Read More Chile Banks’ Combined Profit Rises 35 Percent in July

By Nathan Gill and James Attwood Aug. 14 (Bloomberg) — Socovesa SA, Chile’s second-biggest building company by market value, reported a first-half loss as an economic slowdown stifled new home sales. Socovesa, based in Santiago, lost 6.86 billion pesos ($12.4 million), compared with a profit of 2 billion pesos in the same six months last… Read More Chile’s Socovesa Reports First-Half Loss of 6.9 Billion Pesos

By Nathan Gill and James Attwood Aug. 12 (Bloomberg) — Cap SA, the Chilean steelmaker that posted a first-half net loss yesterday, is seeking changes to bondholder protection rules governing capital requirements. Bondholders will be presented with a proposal on Aug. 28 to modify minimum capital levels, Banco Santander SA, which represents bondholders, said in… Read More Chile’s Cap Seeks Changes to Bondholder Protection Covenants

By James Attwood and Nathan Gill July 23 (Bloomberg) — Sam Zell’s Equity International is seeking new real estate-related investments in Brazil as record low interest rates accelerate growth in Latin America’s biggest economy. Equity International is looking to tap Brazil’s “relatively immature” commercial real estate finance business after selling assets in Mexico and Chile,… Read More Zell’s Fund Chases Brazil Assets as Economy Recovers