Brazilian energy company repurchased debentures and re-profiled bonds as part of a liability exercise
Category: Brazil
Posted inDaily Brief
Brazilian water concession auctions run dry
Lack of investor interest in Rondônia and other auctions shows how lofty interest rates and poor contracts are damping demand to enter the business
Posted inDaily Brief
BMG preps sale of financial bills
Brazilian middle-market bank plans to roll over debt to improve its overall debt profile
Posted inDaily Brief
Grupo IMSA pulls out of Brazil
Colombian firm sells its plastics division to Brazil’s Grupo OCQ, its latest in a string of divestments
Posted inDaily Brief
Movida, Ecovias das Gerais line up debentures
Brazilian car rental firm and toll road operator will issue the debt on the local bond market
Posted inDaily Brief
Giga Mais prices bonds in Brazil
Brazilian internet provider issues local bonds shortly after its parent company raised funds on the cross-border market for the first time
Posted inDaily Brief
NTS, Aço Verde tap Brazilian bond market
Brazilian gas pipeline operator issues debt for the second time this year, while local steel company intends to issue green debentures
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IMC confirms talks with Vinci
Brazilian private equity firm has hired advisors to seek a partner, but says the talks are only preliminary
Posted inDaily Brief
Halliburton inks deals for supporting projects in Venezuela
US oil services firm will work with Brazil’s Eneva and Venezuela’s WESCA on oil and gas projects there
Posted inDaily Brief
Investors criticize Lula’s pre-election welfare bump
Expansion of a key welfare program two weeks before Brazil’s presidential election is an act of “desperation,” says one investor