Brazil’s leader moved to give the state more influence over Eletrobras on Thursday while the attorney general criticized rules on voting rights, echoing government criticism of the firm’s recent privatization.
Category: Corporate & Sovereign Strategy
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Argentina seeks funding for power transmission
Some $10 bln must be invested over the next 10 years to keep up with demand
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Tenda looks at selling more shares, debt
Brazilian homebuilder seeks to raise up to $50 million in equity and $60 million in debt
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Argentina to meet with IMF on next disbursements
Economy minister seeks some $10 bln after the unexpected results in Sunday’s primary election roiled the local markets
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Unigel moves to postpone bond payments
Brazilian petrochemical company Unigel said it plans to meet with bondholders on September 5 in a bid to renegotiate the terms of its debentures and delay payments by three months. The company […]
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CCR unit eyes bonds, BNDES loan
Brazilian toll road operator plans to raise a total of $291 mln with debentures and a long-term bank loan
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Compass forms biofuels JV with Orizon
Brazilian gas compnay plans to invest up to $71 million in the new venture
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Sura exits another insurance market
Colombian firm sells insurance unit in El Salvador for $43.7 mln
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Petrobras keeps Braskem cards close to its chest
Petrobras CEO stays hush on plans for its petrochemical affiliate following reports it may seek a strategic partner for the business
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AES Argentina extends premium again
Argentine unit of US power company keeps early-bird terms on a proposed bond swap in place until August 17