Roofing tile manufacturer earmarked part of the proceeds for investments in new products
Category: Latin America
Posted inDaily Brief
Brazilian drugstore group files for IPO
Profarma subsidiary will use funds to pay down debt and open new stores
Posted inDaily Brief
Brazilian real estate developer Lavvi files for IPO
IPO proceeds to be used for acquiring land in São Paulo to meet growing demand fueled by low interest rates
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Bondholders reject new offer from Argentina’s Mendoza province
Latest offer had sweeteners but creditors say does not reflect payment capacity
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Telecom Argentina to sell bonds
Telecommunications company to swap 2021 bonds for new five-year notes
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Suriname sovereign credit rating downgraded by Moody’s to Caa3 from B3
Ratings agency downgraded country’s debt due to higher probabiity of default due to coronavirus pandemic.
Posted inDaily Brief
FACTBOX 7/8/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Panama’s ministry of finance announces $2.5 billion “Opportunity Bank” program for SME’s, opens August 3rd
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CVC defines terms for share sale
Brazilian travel company hires Itaú to oversee capitalization in April
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Cosan plans fundraising alongside restructuring
Brazilian ethanol producer is streamlining its operations and is considering fundraising by potentially all its units
Posted inDaily Brief
Argentina’s Mendoza province sweetens debt restructuring offer
Argentine province gives creditors three more weeks, but will pay extra to those who accept sooner