Brazil’s state-owned energy company needs large tickets from the Asian lenders to get a full $1bn, sources say
Tag: corruption
Posted inWeb Articles
Brazil’s securities regulator investigates JBS
CVM opens probe after press reports that the company at the center of the latest corruption scandal bought “large quantities” of dollars in the currency markets
Posted inDaily Brief
Corruption casts doubt on Brazil’s equity pipeline
Upcoming offerings could see delays after the Sao Paulo stock exchange loses all the gains it had made this year in one day
Posted inWeb Articles
Brazil, Petrobras bonds fall on fresh corruption reports
President Michel Temer is allegedly implicated in a scheme to pay off former House Speaker Eduardo Cunha
Posted inDaily Brief
Brazil’s federal police investigate BNDES
Development bank is suspected of losing $384m in public funds through its investment in meatpacker JBS
Posted inDaily Brief
Former Corficolombiana CEO faces charges
Colombia’s attorney general summons Jose Elias Melo to a hearing on July 5
Posted inDaily Brief
Odebrecht scandals block LatAm infra pipeline
Stalled concessions and PPPs could take up to another two years to get off the ground, rating agency says
Posted inDaily Brief
Lenders let Odebrecht keep proceeds from Ambiental sale
Brazilian builder says it will use the $787m it earned from the sale of its sanitation subsidiary to cover its cash requirements for two years
Posted inDaily Brief
Odebrecht effect dampens Colombian lenders’ appetites
Local banks feel the pinch from the bribery scandal, but sources are confident deal flow will pick up again
Posted inDaily Brief
Congress calls to cancel Odebrecht contracts in Mexico
Transparency and Anti-corruption Committee unanimously approves a measure that also commands the federal government not to grant new works to the Brazilian builder