Brazilian travel agency could raise as much as $175 mln to pay down debt and add to working capital
Category: Corporate & Sovereign Strategy
Posted inDaily Brief
Paraguay prints local bonds in deal with Eaton Vance
South American country prices $50 mln in seven-year notes in guaraníes at 9.03%, head of debt policy says
Posted inDaily Brief
Ocyan reforms as Foresea
New Brazilian drilling company emerges from the restructuring of the former Odebrecht unit and will seek credit lines and project finance loans, CFO says
Posted inDaily Brief
Azul assesses next debt deal
Brazilian airline may seek $850 mln in “new money” after offering to swap bonds and coming to terms with lessors, CFO says
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
Posted inDaily Brief
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
Posted inDaily Brief
Americanas accuses former executives of fraud
Brazilian retailer says $5 bln in “accounting inconsistencies” included false advertising contracts and irregular financing arrangements
Posted inDaily Brief
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
Posted inDaily Brief
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
Posted inDaily Brief
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