Syndicated loan is equivalent to nearly 10% of Brazilian pulp and paper giant’s net debt, CFO tells LatinFinance
Category: Brazil
Posted inDaily Brief
Vale taps 30-year bond
Brazilian mining firm sells additional 2054 global notes in a deal that was 3.5 times oversubscribed, sources say
Posted inBrazil
Copel scuppers Neoenergia hydro plant deal
Brazilian power company exercises right of first refusal, preventing sale of operation to two French state-owned firms
Posted inDaily Brief
EcoRioMinas sews up financing package
Brazilian infrastructure firm completes $1.4 bln deal with loan from national development bank
Posted inDaily Brief
Brazil bond reprieve tempered by election unease
Investors fear government will loosen purse strings in run up to next year’s presidential vote rather than rein in deficit
Posted inDaily Brief
Gerdau rethinks investments after US tariffs
Steelmaker reconsiders plans for new Mexican mill, calls for Brazilian government to take action against imports from China
Posted inDaily Brief
Petrobras secures Banco do Brasil financing package
Brazilian oil and gas company says loans from state-run lender will boost sustainability efforts and reduce financing costs
Posted inDaily Brief
Brazilian issuers tap US bond market
Itaú and Raízen raise a total of $2.75 bln in busy week for Brazilian issuers
Posted inDaily Brief
Natura in talks to break up Avon
Brazilian cosmetics maker considers fresh divestment after offloading businesses acquired during global M&A spree
Posted inDaily Brief
St Marche seeks protection from creditors
Brazilian retailer moves to renegotiate debt, blames high interest rates for its financial woes