Category: Brazil

The Brazilian power industry needs more foreign investment and greater flexibility on contracts as the deadline for market liberalization approaches. Without changes, power outages are possible as the economy surges.

Brazil is once again firmly established as one of the world?s favorite markets, both for bond investors who snap up its paper and for industrial companies that continue to pour […]

Brazil Rides S&P Upgrade and US Rate CutBrazil swooped into the markets in the first week of the new year with a remarkably well-timed $1.5 billion, five-year issue managed by […]

For two days in late October, LatinFinance assembled an impressive group of players in Latin America’s financial scene, who discussed everything from Argentina’s woes to mexico and Brazil’s resurgence.

Mark Mobius, president of Templeton Emerging Markets and a crusader for minority shareholder rights, says Brazilian laws encourage entrenched corporate management to control companies without owning a majority of capital. Investors therefore have the incentive to buy control of companies at big premiums and then lower the purchase price by offering to buy the shares held by hapless minority investors, who lose out again and again.

Investor enthusiasm for the Brazilian media company’s euro issue this year sends a positive signal to Latin American corporate borrowers, who still need to work on raising their profile in Europe.

Confidence in Brazil Grows Brazil’s domestic debt burden has increased by more than a third in nominal terms since the January 1999 currency crisis. In dollar terms, the debt stock […]

Banco Santander Central Hispano’s huge bid snares Brazil’s Banespa in a long-anticipated, hotly contested privatization auction, adding an expensive asset to the Spanish bank’s Latin American portfolio.

Brazil’s overcrowded investment fund industry is growing fast. but fixed income funds still dominate and investors need to overcome their fears and take the plunge into equities.

Independent power projects represent the electric industry’s future in Mexico and Brazil’s deregulated markets. But will the necessary project financing come through?