Alonso Quintana steps down to help the Mexican building company’s restructuring process
Author Archives: Miluska Berrospi
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Fitch upgrades Sura
Rating agency cites the Colombian holding company’s diversification and the quality of its dividend flow
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Moody’s cuts Brazil to junk
Rating agency cites rising debt levels and a challenging political environment as reasons for the downgrade
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S&P cuts Petrobras
Drop in state-owned oil company’s ratings follows the cut in Brazil’s sovereign rating
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FATF takes Panama off gray list
Organization says the country has established a legal framework to combat money laundering
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OGX meets to discuss debt-to-equity swap
Brazilian oil and gas company will convert $215m in notes into equity
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Santander Leasing to issue debt
Bank’s leasing subsidiary will use the funds to buy more vehicles
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Fitch upgrades Unidas
Ratings agency says Brazilian rental car company increased cash flow despite adverse economic conditions
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Fitch downgrades Gol
Ratings agency says the Brazilian airline runs the risk of default or a possible restructuring in one or two years
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Celpe taps local market
Brazilian power company will use the proceeds to pay off a bond due next year