Brazilian engineering group asks to exchange $345m in overdue notes for new bonds due in 2021
Tag: Andrade Gutierrez
Posted inDaily Brief
Andrade Gutierrez refutes CCR sale
Brazilian construction company denies a report it could sell its 14.5% stake in the toll road operator
Posted inWeb Articles
Odebrecht case delays M&A deals
A far-reaching bribery scandal has shifted the landscape of M&A in Latin America. Now the sale of Peru’s Chaglla hydropower plant is in danger of collapsing.
Posted inDaily Brief
Andrade Gutierrez moves to sell Cemig share
Brazilian construction company leaves the controlling bloc and looks to sell its stake in the local utility company
Posted inDaily Brief
Andrade Gutierrez approves capital reduction
Brazilian construction company agrees to cut “excessive” capital by $257m over the next 60 days
Posted inDaily Brief
Andrade Gutierrez returns with local note
Brazilian construction company raises roughly $500m from the sale of six-year debentures
Posted inDaily Brief
Sanepar hits the road ahead of re-IPO
Brazilian water company poised to raise over $400m before the end of the month
Posted inDaily Brief
Fitch cuts Andrade Gutierrez
Brazilian engineering firm gets downgraded due to deteriorating liquidity
Posted inDaily Brief
Moody’s cuts Andrade Gutierrez
Rating agency says corruption allegations and a downturn in the construction industry have hurt the Brazilian builder’s finances
Posted inDaily Brief
Fitch cuts Andrade Gutierrez’s construction division
Rating agency says the Brazilian builder is hit by challenging macroeconomics and costly credit lines