The development bank grants the country a $2 bln conditional credit line for investments, starting with a loan to Belo Horizonte
Category: Brazil
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UnitedHealth sells Chilean unit to Patria
US healthcare giant reportedly completes its withdrawal from the South American market
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Americanas hires ex-Carrefour Brasil CFO
Retailer taps Sébastien Durchon to complete the financial restructuring that followed a 2023 accounting scandal
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Tax breaks on bonds stir controversy in Brazil
Government has shelved plans to end a tax break on infrastructure notes for now, despite concern it may be hurting demand for Treasuries
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UN’s Brazil summit boosts LatAm climate finance efforts
COP30 led to billions of dollars in financing commitments for the region, and a roadmap to phase out fossil fuels is in the works
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Mercuria vies for Raízen’s business in Argentina
Swiss commodities trader and two local businessmen offer $1.4 bln for oil refiner and retailer
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Casas Bahia calls for major capital increase
Brazilian retailer announces plans for a $800 mln capital boost and what analysts call an “aggressive” debt reprofiling
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Aegea to refinance more debt
One of Brazil’s biggest water and sanitation companies heads back to the local market just weeks after its last bond offering
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Embraer secures more BNDES funds
Aircraft manufacturer gets a new loan from the Brazilian development bank to support commercial jet production
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Taco Bell names new Brazil chief
US master franchiser Yum! Brands is set to take over the Mexican fast-food chain from January 1