Mexican petchems firm says its shareholders, term loan lender and a majority of bondholders support its restructuring plan
Category: Brazil
Posted inDaily Brief
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
Posted inDaily Brief
Braskem cut to restricted default by Fitch
Debt-laden Brazilian petchem firm misses coupon payments, while it seeks creditor backing for a restructuring deal
Posted inDaily Brief
Cemig units line up debentures
Two subsidiaries of the Brazilian power firm head to the local market for the second time this year
Posted inDaily Brief
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
Posted inDaily Brief
Totvs lines up second debenture sale of 2026
Brazilian tech company looks to price an offering of 2033 notes at a spread of just 0.59% over the local interbank rate
Posted inDaily Brief
Gol loses CEO to Boeing
André Felhauer, a former executive at the Brazilian airline, will return as CEO to replace Celso Ferrer
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Tenor an issue in Panda bond market, says Suzano CFO
The Brazilian pulp giant was the first Latin American company to issue bonds in Chinese currency two years ago and may go back for more
Posted inDaily Brief
Espaço Laser CFO resigns
The CEO of the loss-making Brazilian hair removal company has assumed the finance function on an interim basis