Brazilian builder says it is in talks to raise money to cover the missed payment within the 30-day grace period
Tag: default
Posted inMagazine
Bondholders brace for Venezuelan default
Venezuela is edging closer to default on its foreign debt as vulture funds snap up the country’s bonds and push an acceleration clause for missed coupon payments
Posted inDaily Brief
Alto Maipo funding package hits a wall
Project sponsor AES Gener acknowledges technical default on the Chilean hydroelectric facility
Posted inDaily Brief
PDVSA bonds remain stable despite sanction talks
State-owned oil company’s notes widen sightly as reports surface that the US could bar Venezuelan oil
Posted inDaily Brief
Pacific E&P to miss another payment
Oil company skips its third payment in 2016 after reporting a sharp drop in earnings for last year
Posted inDaily Brief
Argentina’s lower house passes holdout bill
If the Senate also approves the bill, the government could issue cross-border bonds by April 15
Posted inDaily Brief
Argentine lawmakers debate holdout bill
If the bill passes the lower house, it moves to the Senate, where a vote is expected late this month or early next month
Posted inDaily Brief
Argentina reaches agreements with more creditors
BNP Paribas and GMO are among the bondholders that have settled disputes with the government
Posted inWeb Articles
Argentina nears return to international bond markets
The sovereign could become a key issuer in the debt capital markets this year after nearing an end to a 15-year battle with holdout creditors
Posted inDaily Brief
Argentina, bondholders reach debt deal
Agreement could end the 15-year dispute and see Argentina return to the international bond markets