Inflation expectations have deteriorated since President Lula’s surprise election victory sparked a market rout
Author Archives: Thierry Ogier
Posted inDaily Brief
BNDES approves shipping loan
Brazilian development bank says the financing is part of a national strategy to bolster the domestic shipbuilding sector
Posted inDaily Brief
Huaxin in talks to buy CSN cement division
Debt-laden Brazilian steel and mining conglomerate expects to close a deal with the Chinese firm in the coming days
Posted inDaily Brief
Celeo wins big at Brazil power auction
Spanish firm walks away with the biggest transmission concession, as rivals Neoenergia and Cox pick up smaller deals
Posted inDaily Brief
Brazil post office gets loan guarantee
The country’s loss-making postal service required a guarantee in order to borrow the equivalent of $1.3 bln from a pool of foreign banks
Posted inDaily Brief
Raízen unveils large tax settlement
Brazilian fuel distributor says the tax deal was a precondition for its out-of-court debt restructuring
Posted inDaily Brief
LatAm bond market shrugs off election pressures, says Itaú
Cross-border issuance has exceeded expectations this year, DCM banker says during an IIF webinar
Posted inDaily Brief
Localiza delays debenture issuance
Brazilian car rental company postpones bond sale amid a rout in local capital markets
Posted inDaily Brief
Brazil officials send mixed fiscal messages despite rating agency warnings
Finance minister pledges additional measures to meet the fiscal target, but a cabinet colleague says the issue is not a priority
Posted inDaily Brief
Axia seeks IDB Invest loan
Top Brazilian power firm signs mandate letter with the private sector arm of the IDB Group