Divestment would follow Brazilian cosmetics company’s offloading of the Australian brand Aesop in April
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Braskem buoyed by oil supply deal
Shares in the struggling Brazilian petchems firm jump 20% following the agreement with one of its top shareholders, Petrobras
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Petrobras to redeem global bonds
Brazilian oil firm will retire the $1.1 bln left on its 2028 notes using cash, which analyst says will reduce its exposure to FX and rates
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Boliden buys Nexa
Swedish mining firm inks a deal to acquire a controlling stake of the Brazilian miner using equity and a loan
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Habib’s joins Brazil restructuring wave
Fast-food chain joins a growing list of financially troubled firms, but Brazil’s deputy finance minister doesn’t see a systemic problem
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Tech exports bolstering Mexican growth, peso: UBS
AI-driven tech exports are boosting Mexico’s trade balance and could create new fundraising opportunities, bank says
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Galicia lines up bond sale in Argentina
Argentina’s biggest private bank to raise funds for on-lending
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Mastellone gets capital injection
Argentine dairy producer will use the capital contribution to repay bank debt, two months after repaying a 10.95% bond
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Chile refreshes IMF line as risks persist
The Fund approves Chile’s fourth flexible credit line since 2020, providing “a buffer against tail risks” amid geopolitical tensions
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OSX, Lupatech advance restructuring plans
Brazilian shipyard operator and oil equipment manufacturer secure the support of a majority of their creditors
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Boa Safra picks up loan from Brazil agency
Finep grants loan to Brazilian agribusiness company with favorable terms