Brazilian telco seeks protection from creditors less than three months after emerging from judicial recovery
Category: Corporate & Sovereign Strategy
Posted inDaily Brief
CABEI funds food security in Argentina
Central American development bank provides $400 mln to fight hunger in South America’s second largest economy
Posted inDaily Brief
Digicel gets temporary reprieve from creditors
Caribbean mobile phone company is granted a 30-day grace period that can be extended to 90 days if it reaches a restructuring agreement
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Fitch upgrades Costa Rica by two notches
Rating agency improves the Central American sovereign issuer to BB- on lower debt and controlled spending
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Brazil freezes Petrobras asset sales
Lula administration indicates it is opposed to privatization and also imposes a new tax on crude exports
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CAF considers third bond benchmark for 2023
South American development bank could issue up to another $1 bln in dollars or euros, depending on funding requirements, source says
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Viva catches Nella’s eye
Nella CEO says the Brazilian low-cost airline wants to rescue its ailing Colombian counterpart
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Paranapanema to shed assets in restructuring effort
Brazilian copper producer plans to sell two plants and use the proceeds to pay down debt, CEO says
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IDB Invest arranges financing for electric buses in Colombia
IDB’s private sector affiliate and BNP Paribas provide $126 mln for Italy’s Enel and the UK’s InfraBridge to purchase buses in Bogotá
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Carrefour loses CFO in Brazil
David Murciano steps down after two years at the French retailer’s local subsidiary