After a bitter battle by a rival brewery, antitrust regulators in Brazil have cleared the way for the takeover by Cia. Cervejaria Brahma of its biggest competitor, Cia. Antartica Paulista. […]
Category: Brazil
Business news
Multinationals Test Brazilian Pride Brazil’s nationalist urges always seem to grow stronger with the approach of a major privatization. Opposition politicians are mobilizing in congress and the courts to either […]
Putting Profit First
Brazil’s national oil company, Petrobrás, is focusing on improving its bottom line and opening up to the outside world.
Stuffy Bradesco Turns on the Charm
Brazil’s quiet and conservative Banco Bradesco has assumed a more public, and so far, more popular management style.
A Latin Union
Spain’s Banco Bilbao Vizcaya Argentaria wants to consolidate its Latin empire and crown its Brazilian bank king of that and more. But the Spaniards face well-capitalized global opponents in the grab for the Latin American market.
Brazil’s New Rules
Brazil has set out to update its financial regulations to gain liquidity and greater foreign investment in its markets.
Post Script
Fuel Swaps Chug Ahead Repsol-YPF, the Spanish-owned multinational oil company, plans to link up with Brazil’s national oil company Petrobras in an asset swap estimated at about $750 million. If […]
Sovereign Report
January brought fresh signs of investor confidence in the largest Latin American debt issuers. Brazil was able to successfully issue a 20-year bond in the US market, the longest tenor […]
Details of the Swap
Four classes of Brazilian Brady bonds were eligible for the swap. These were par series Z-L bonds due 2024 (par bonds), front-loaded interest reduction with capitalization series L bonds due […]
Retiring the Bradys
Brazil joins the growing trend-offering paper that’s more liquid but equally high-yielding.
