Brazilian iron ore miner spends $810 mln to buy back the 36.4% share it sold for $1.2 bln in 2015
Yearly Archives: 2019
Posted inDaily Brief
Petrobras starts sale of stake in biofuels business
Brazil’s state-owned oil company sends out teasers for the 50% share in BSBios held by its subsidiary PBio
Posted inDaily Brief
Oi mobile unit dials up local private placement
Oi Móvel looks to raise $612 mln from the sale of two-year notes with average interest rates above 13%
Posted inDaily Brief
Eletrobras unit issues local notes
Furnas makes its debenture debut with $110 mln in five-year notes
Posted inDaily Brief
Rating agencies split on Argentine strategy
Fitch upgrades the sovereign issuer to CC, while S&P says the country has gone into default
Posted inDaily Brief
JBS subsidiary buys Bunge brands
Seara acquires the US agribusiness’ margarine and mayonnaise facilities in Brazil for $172 mln
Posted inDaily Brief
EIB bankrolls Copasa project
European development bank supplies $161 mln to build new wastewater treatment plans and expand water supply in Minas Gerais
Posted inDaily Brief
Santander takes full stake in payroll lender in Brazil
Spanish bank’s local branch pays $390 mln for BS2’s 40% and assumes sole control of Banco Olé
Posted inDaily Brief
Argentina raises $316 mln in first debt sale under new government
Economy Ministry sells peso-denominated notes with an interest rate of almost 45% in an oversubscribed deal
Posted inDaily Brief
Tupy acquires components business from Fiat Chrysler
Brazilian parts manufacturer agrees to spend $233 mln for Teksid’s iron castings division