Category: Brazil

Demand for technology and power supplies in Latin America is luring banks back to the project finance market. Lenders are still cautious, but prospects in Brazil and Mexico look more favorable.

Led by Central Bank President Armínio Fraga, Brazil has laid the foundation for a broader, more liquid domestic capital market, just as access to world debt markets has become uncertain.

PT-Multimedia.com Portugal’s biggest Internet and cable television company, has agreed to buy 31.5% of Brazil’s Banco1.net, an online bank owned by Unibanco for $62.5 million. Banco1.net will be created from […]

Global markets are closing their doors to Latin American borrowers, just as the region is recovering from the effects of last year’s Brazilian currency devaluation crisis. In a 14-page report, LatinFinance looks at how sovereign and corporate borrowers in Mexico, Brazil, Colombia adn Argentina are reacting. Some issuers are resorting to their domestic markets. Others plan to ride out the storm.

Brazil’s biggest steelmaker, Cia. Siderurgica Nacional, took the first step toward untangling the complex web of cross-shareholdings that link some of the country’s biggest companies with its decision to sell […]

Gas Natural, owned by Spain’s Repsol-YPF, has said it will pay $297 million to build from scratch and operate, a natural gas concession in São Paulo, Brazil’s richest and most […]

In spite of the best efforts by the Brazilian authorities, another group of foreign-controlled privatized companies has taken their São Paulo-listed subsidiaries private. Eletropaulo Metropolitana, Brazil’s largest power distributor that […]

After a year of losses and liquidity problems for Brazil’s major airlines, it’s unlikely they will all survive an overcrowded market and a shortage of passengers.