Brazilian tech company looks to price an offering of 2033 notes at a spread of just 0.59% over the local interbank rate
Category: Brazil
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
Posted inDaily Brief
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
Posted inDaily Brief
BNDES president says ‘betting against Brazil’ is bad idea
Investors stand to lose money if they “speculate” with Brazilian assets, Aloizio Mercadante tells LatinFinance, following a slump in the equity and FX markets
Posted inDaily Brief
Fitch sees more trouble ahead for Brazil corporates
High interest rates have fueled a rise in defaults and downgrades and will continue to weigh on GDP growth, say rating analysts
Posted inDaily Brief
Axia gets highest credit rating in decade
Fitch lauds the Brazilian energy company’s liquidity, diversification and post-privatization divestment program
Posted inDaily Brief
CSN sews up bond swap
Brazilian steelmaker gains breathing space through an exchange of 6.75% bonds maturing in 2028 for longer-dated notes paying 11%
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Itaú Unibanco, Banco Industrial line up debt sales
Brazilian and Guatemalan banks ask IDB Invest to participate in the deals, which include a tokenized debt placement
Posted inDaily Brief
Batista family retakes helm of JBS
The founding family led the company until eight years ago, when a corruption scandal forced a shake-up of management