Fitch upgrades crisis-prone country by one notch to CCC as default risk eases, but warns monetary and political challenges lie ahead
Category: Corporate & Sovereign Strategy
Posted inDaily Brief
Brazilian egg investor expands in Spain
Granja Faria chairman says acquisition marks start of internationalization process
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Mexico to raise debt for Pemex
Government can obtain financing more cheaply than oil company, president says during presentation of restructuring plan
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Petrobras shares gain on profit surprise
Brazilian state oil company also says it cut financial debt to lowest level since 2008 in third quarter
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Abra backs Gol plan to exit Chapter 11
Brazilian airline expects to be out of the woods by April next year
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TGN may sell pipeline bonds
Natural gas pipeline operator wants to build new supply link for miners in northwest
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Argentina extends tax amnesty as dollars flood in
Program has fueled sales of hard-dollar corporate bonds
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Argentina scoops up dollars to cover bonds maturities
Caputo says Treasury will use the funds to cover capital and interest payments on bonds due in January
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Argentine corporates get back into issuing gear
Energy companies have been dominating issuance, but more are bound to follow in the local and international markets, experts say
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Argentina says fiscal discipline has anchored inflation expectations
First budget surplus in a decade has led to contraction in money supply, helping bring down inflation, central bank governor says