Brazilian engineering group asks to exchange $345m in overdue notes for new bonds due in 2021
Tag: bond swap
Posted inDaily Brief
Usiminas calls off bond swap
Brazilian steelmaker says a debt exchange is not “advantageous” in current market conditions
Posted inMagazine
Restructuring of the Year
The Brazilian sugar company convinced 90% of bondholders to sign on to a debt exchange and avoided a prolonged legal process
Posted inMagazine
Local Currency Deal of the Year, Sovereign Liability Management of the Year
Excellent timing helped Peru execute Latin America’s largest-ever local currency transaction in the international debt markets
Posted inDaily Brief
USJ stays away from bond markets
Six months after a bond swap, Brazilian sugar producer focuses on generating cash flow to cover its debt obligations
Posted inDaily Brief
IUSA swaps bonds
Mexican industrial group exchanges $320m of 2016 notes for new 2023s
Posted inDaily Brief
Fitch downgrades PDVSA
Rating agency cuts Venezuela’s state-owned oil company a day after a bond swap intended to reduce the debt load
Posted inDaily Brief
PDVSA bonds trades up after swap
Venezuelan oil company nets almost 40% in 2017 bonds, prompting talk of another debt swap early next year, sources say
Posted inWeb Articles
Fitch downgrades Venezuela’s PDVSA
Rating agency cuts the state-owned oil company to CC from CCC one day after PDVSA announces the results of a debt swap intended to ease a crippling cash crunch
Posted inDaily Brief
PDVSA extends bond swap deadline again
Venezuela’s state-owned oil company has delayed the cut-off date for a second time to get more bondholders involved