Brazilian airline may seek $850 mln in “new money” after offering to swap bonds and coming to terms with lessors, CFO says
Category: Corporate & Sovereign Strategy
Posted inDaily Brief
G&T unit sets up debt programs in Guatemala
Guatamalan bank’s credit card division aims to raise up to $153 mln in the local market, source says
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Vale finishes first part of bond buyback
Brazilian miner agrees to repurchase $275 mln worth of 6.25% 2026 notes at 58 bps over US Treasury bonds
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Americanas accuses former executives of fraud
Brazilian retailer says $5 bln in “accounting inconsistencies” included false advertising contracts and irregular financing arrangements
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Azul asks to swap bonds
Brazilian airline offers to exchange up to $1 bln in 2024 and 2026 bonds for new notes that offer higher interest rates
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Caja Los Andes seeks first international loan
Chilean retirement fund manager could take out a bilateral loan from an international lender in the second half of the year, company source says
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Brazil’s fixed income market shows signs of recovery
Spreads are still higher than at the beginning of the year, but they are starting to narrow, investors and bankers says
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Paraguay adds to local financing plans
South American government aims to expand the local market after gauging greater interest from investors, deputy finance minister says
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KPMG survey finds optimism in LatAm M&A market
US accounting firms concludes that investors think Mexico is the best place to do deals, followed by Brazil and Costa Rica
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Faroy to issue notes for bond swap
Uruguayan real estate developer plans to print new notes on Friday in an exchange for debt that matures in 2033