Brazil’s largest independent oil and gas firm prices deal that was 2.14 times oversubscribed, source says
Category: Brazil
Posted inDaily Brief
Sabesp snaps up EMAE
The former state-controlled São Paulo water company acquires another privatized utility in Brazil’s largest state
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Beleaguered Braskem draws down credit line
Brazilian company says the move seeks to boost liquidity as it contends with a difficult petrochemical market
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Infra platforms helping LatAm tackle financing challenges
Vehicles that combine different infrastructure projects are a promising development for the sector’s future, bankers and investors say
Posted inDaily Brief
Mexican IPO pipeline keeps growing
Mexican fintech Kapital is preparing the groundwork for a dual IPO in Mexico and the US, and more equity debuts may follow
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BNDES sets up Brazil fund with Chinese bank
Brazil’s biggest development bank and Export-Import Bank of China to launch $1 bln bilateral investment fund
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Ramax partners with Grupo Leste
Brazilian agribusiness closes financing deal with private equity firm to fuel growth in meat exports
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Klabin renews revolver
Brazilian pulp and paper company signs $500 mln revolving credit facility with a pool of banks
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Tax reform risks undermining Brazil rate policy: analysts
Lula’s income tax bill could benefit the middle class ahead of next year’s election, but it may also limit the scope for rate cuts
Posted inDaily Brief
Nubank eyes US banking license
Analysts says move by Brazilian digital lender to branch out of Latin America is bold, but it risks dividing management’s focus