Brazilian power company seeks protection from creditors as its financial situation worsens
Category: Corporate & Sovereign Strategy
Posted inDaily Brief
YPF plots return to international bond market
Any deals by the Argentine energy company will come in 2024 after it raises funds in the local market and extends a CAF loan, CFO says
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Carrefour acts to curb debt in Brazil
French retailer’s local subsidiary negotiates a sale and leaseback agreement as it tries to roll over $1.2 bln in debt by the end of the year
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Brazil asks US to support Argentina at IMF
Argentina is seeking more flexible terms for a $44 bln loan program as international reserves fall
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Pampa may tap external market
Argentine energy company hopes to avoid costly foreign financing and may cut investments if dollars are scarce
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Nardini uses loans, receivables to finance new plant
Brazilian agribusiness borrows $73 mln from BNDES and other lenders and issues $41 mln in CRAs to build an ethanol facility in Goiás
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Pomelo targets growth before new financing round
Argentine fintech will focus on building the business before seeking fresh funds in 2024, CEO says
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Argentina bets on early deployment from IMF
Government has asked for front-loading of funds to shore up international reserves as new export potential emerges
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Investors make plays for Brazilian football
Local private equity firm Treecorp buys a club in Curitiba as VC firm OutField aims to raise $50 mln through two funds
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Armac goes with just one CEO
Brazilian equipment rental company ends a period of shared leadership