Brazil’s state-owned oil company sees a potential 45% increase in equity value as it cuts costs and lowers debt
Category: Asset Management
Posted inDaily Brief
Andrade Gutierrez hits mark with bond swap
Bondholders exchange 88% of 2021 notes for new 2024 notes from the Brazilian construction company
Posted inDaily Brief
Brazilian, Mexican investors acquire US hotel chain
VCM and Sharpen lead a deal to buy 45 economy hotels from AHIP for $215 mln
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Celulosa sells dollar bonds amid tight financing conditions
Argentine pulp and paper maker raises $54 mln in the local market to refinance debt
Posted inDaily Brief
Bancolombia preps new notes for buyback
Colombian bank will use proceeds from a 10-year offering to repurchase up to $750 mln in 2020 and 2022 bonds
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Barbados gets near unanimous response in bond swap
International creditors with 94% of outstanding notes agree to participate in a $500 mln debt exchange
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Peru repurchases old notes
Finance Ministry uses proceeds from recent local-currency bond sale to buy back $1.7 bln in dollar- and sol-denominated notes
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Andrade Gutierrez proposes bond swap
Brazilian construction company asks to exchange 11% 2021 notes for new 9.5% 2024s after calling off a buyback earlier this week
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Monashees rebuffs SoftBank involvement in latest fund
Brazilian VC firm turns away the Japanese investor, but still hits the $280 mln hard cap with relative ease, sources say
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Andrade Gutierrez calls off buyback
Brazilian construction company had planned to issue new notes to fund the repurchase of 2021 bonds