Brazilian steelmaker says a debt exchange is not “advantageous” in current market conditions
Tag: debt exchange
Odebrecht unit restructures debt
Brazilian firm’s oil and gas division offers to swap its 2021 and 2022 bonds for new notes
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
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
IUSA swaps bonds
Mexican industrial group exchanges $320m of 2016 notes for new 2023s
Fitch downgrades PDVSA
Rating agency cuts Venezuela’s state-owned oil company a day after a bond swap intended to reduce the debt load
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
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
PDVSA extends bond swap deadline for third time
Venezuelan state-owned oil company warns it might not make debt payments if investors do not subscribe to a $5.3bn debt exchange
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
