Companies welcome the fiscal incentives, though the potential veto of M&As involving foreign investors raises concern
Category: Brazil
Posted inDaily Brief
Vale plays down report of delay to base metals IPO
Brazilian mining company is reported to have shelved plans to list its copper and nickel business
Posted inDaily Brief
Steinbruch quits helm amid CSN overhaul
The debt-laden steelmaking conglomerate’s shares rally on the news that a former Vale CEO is taking the reins
Posted inDaily Brief
Axia tees up sixth debenture sale of 2026
Brazil’s largest power company plans to price infra debentures at a discount to government bonds as part of the deal
Posted inDaily Brief
A-CAP to sell Vasco da Gama
US insurance firm agrees to sell 90% of the Brazilian soccer club to an undisclosed buyer
Posted inDaily Brief
Sustainable investment is booming in Brazil despite bond slump
Brazil’s Eco Invest blended finance program is financing more ESG projects than are labelled bonds, says Sustainable Fitch
Posted inDaily Brief
Itaú Chile prints bonds in Mexico
The Brazilian bank’s Chilean arm diversifies currencies after selling debt in the US, Swiss and Peruvian markets earlier this year
Posted inDaily Brief
CPFL returns to Brazil bond market
The Chinese-controlled power distributor lines up a sale of short-term notes
Posted inDaily Brief
Fiscal inaction would lead to disorderly Brazil adjustment: Fitch
The country’s fiscal puzzle will only be solved after next month’s election, says head of Americas sovereigns Shelly Shetty
Posted inDaily Brief
Gerdau rolls over syndicated loan
Brazilian steelmaker unlocks additional funding under an expanded $1.125 bln facility