LATAM Corporates Daily: Your daily dose of all things LatAm

Research evidence excerpt

LATAM Corporates Daily: Your daily dose of all things LatAm

J P M O R G A N Latin America Credit Research

17 June 2026

LATAM Corporates Daily

Your daily dose of all things LatAm

Highlights Latin America Corporate Research

Natalia Corfield AC

• Latin America Corporates: Apples to Apples – Comparable metrics and (1-212) 834-9150

relative value report natalia.corfield@jpmorgan.com

J.P. Morgan Securities LLC

• Braskem: Bondholders’ counterproposal Alejandra Andrade

• World Cup in Focus: France versus Senegal delivers; Mbappé and Messi steal (1-212) 834-3220

the headlines alejandra.andrade@jpmorgan.com

• Performance Ian B Snyder

(1-212) 834-3798

Prices in this note are as of June 16, 2026. ian.b.snyder@jpmchase.com

Florencia Palacios

(1-212) 622-1129

florencia.x.palacios@jpmorgan.com

Latin America Corporates: Apples to Apples – Comparable metrics and J.P. Morgan Securities LLC

relative value report Bhavya Gupta

Yesterday, we published the 14th edition of the Latin America Corporates (91-22) 6157-3132

Comparable Metrics and Relative Value Report. This report summarizes key bhavya.x.gupta@jpmchase.com

financial and credit metrics for 99 companies across 11 sectors. The report J.P. Morgan India Private Limited

combines fundamental and relative value information through concise tear sheets

designed to support comparable credit analysis and enable rigorous “apples-to-

apples” comparisons, with this edition providing a snapshot as of LTM 1Q26.

Commodity performance was more differentiated amid shifting price dynamics:

(1) Base Metals generally posted stronger core results and improved credit metrics,

supported by record pricing and by-product contributions; (2) Iron Ore and Steel

were modestly weaker amid a still challenged Brazilian steel market; (3) Oil & Gas