Category: Brazil

Brazil and Mexico Barrel Onto Market Brazil and Mexico got an early start on their 2002 financing programs by issuing $2.75 billion worth of 10-year bonds. Brazil sold a $1.25 […]

LatinFinance and MZ Consult have conducted the first regional survey of company websites and online annual reports. Brazilian firms are the stand-outs but Mexican companies fare well too.

Inflation Targeting Works Brazil and Chile are both neighbors of Argentina and both have floating exchange rates. Their currencies have suffered heavily from the effects of the crisis next door. […]

Brazil to Borrow Less Brazil’s Finance Minister Pedro Malan has said he will reduce the country’s borrowing on international bond markets to $5 billion next year. Brazil raised $6.68 billion […]

After four years of debate, Brazil’s Congress finally approved a minority investor rights law that seeks to balance the interests of all shareholders in publicly traded companies.

High foreign indebtedness and a large current account deficit combined with a marked increase in risk aversion in the international financial markets have pummeled the Brazil’s currency. The country faces harsher conditions in which to roll over its debt, with higher risk premiums and shorter maturities. Eventually the exchange rate will depreciate to a level such that the current account will be in equilibrium and the existing supply of external finance will match Brazil’s debt rollover needs.

Aracruz cellulose mill in Brazil. VCP Buys Stake in Aracruz Brazilian pulp and paper producer Votorantim Celulose e Papel (VCP), part of the Votorantim conglomerate, may have taken the first […]