The bank’s president and COO tells LatinFinance why he is optimistic about Mexico, Colombia and Argentina but sees risks looming in Brazil
Category: Brazil
Posted inDaily Brief
Brazil corporate debt crises look contained, say investors
Some major Brazilian firms are in a jam, but investors take a glass-half-full view as elections approach and high rates persist
Posted inDaily Brief
JBS makes fresh bid to take Pilgrim’s Pride private
The Brazilian food giant aims to buy the 18% it doesn’t already own in the US poultry processor and delist the shares
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Itáu eyes US banking market
Brazil’s biggest lender receives preliminary approval to set up shop in the US
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Braskem Idesa files for Chapter 11
Mexican petchems firm says its shareholders, term loan lender and a majority of bondholders support its restructuring plan
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Two Brazilian retailers file for bankruptcy
Brazilian retailer Casas Bahia will close hundreds of stores after failing to raise fresh capital and stem its mounting losses
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Braskem cut to restricted default by Fitch
Debt-laden Brazilian petchem firm misses coupon payments, while it seeks creditor backing for a restructuring deal
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Cemig units line up debentures
Two subsidiaries of the Brazilian power firm head to the local market for the second time this year
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Aegea CFO quits
André Pires oversaw the finances of one of Brazil’s top water firms for six years and will now advise its biggest shareholder, Equipav
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Cosan in talks to sell port terminal
Brazil logistics conglomerate signs letter of intent with an unnamed party for the sale of its São Luís terminal