Ratings agency downgraded country’s debt due to higher probabiity of default due to coronavirus pandemic.
Author Archives: Joe Rowley
Posted inDaily Brief
CVC defines terms for share sale
Brazilian travel company hires Itaú to oversee capitalization in April
Posted inDaily Brief
Cosan plans fundraising alongside restructuring
Brazilian ethanol producer is streamlining its operations and is considering fundraising by potentially all its units
Posted inDaily Brief
Petrobras accepting bids for sale of power generation assets
Brazilian oil company also released a teaser and started binding phase for biofuel and gas assets last week
Posted inDaily Brief
Cogna begins IPO listing of US subsidiary
Brazilian private education company starts to list Vasta Educação on the Nasdaq
Posted inDaily Brief
Brazil’s Lojas Americanas and JHSF approve follow-on offerings
Brazilian retail chain, real estate holding company both approve follow-on equity offerings; part of proceeds for digital platform investments
Posted inMagazine
Q3.2020 outlook: M&A
Interview with Otavio Vasconcelos de Azevedo, M&A Executive Director, BTG Pactual
Posted inMagazine
Green shoots in Brazil’s ethanol and sugar sector
Rising ethanol and sugar prices are bringing much-needed relief to Brazil´s debt-laden producers. Resolving the industry´s structural and financial weaknesses will be much more difficult
Posted inDaily Brief
LatAm, Caribbean is ‘new COVID-19 epicenter’
Government actions have relieved pressure, but high informality and low preparedness are hindering the region’s response, IMF says
Posted inDaily Brief
Anglo American backs wind farm in Brazil
South African miner signs a long-term supply contract and earns the option to buy a stake in the $448 mln project