Brazilian retailer could raise up to $1.1 bln to build a new distribution center, open stores and invest in its digital platform
Author Archives: Joe Rowley
Posted inDaily Brief
Movida sets up debenture sale
Brazilian car rental company plans a two-part deal for $125 mln deal to pay off debt and finance investments
Posted inDaily Brief
Mater Dei, Blau launch IPOs in weakened market
Brazilian healthcare group Mater Dei sees its shares fall after its market debut as pharmaceutical company Blau prices a reduced offering below target
Posted inDaily Brief
Petrobras reopens bidding for LNG terminal
Brazil’s state-owned oil company also approves the appointment of its new CEO
Posted inDaily Brief
Sequoia adds funds in follow-on
Brazilian logistics company moves $160 mln in a share sale six months after pricing its IPO below target
Posted inDaily Brief
Hering shares jump on Arezzo snub
Brazilian retailer’s stock climbs 28% after it turns down a $230 mln offer to sell a minority stake to the local shoemaker
Posted inDaily Brief
PetroRecôncavo sets IPO price range
Brazilian oil and gas company aims to raise up to $328 mln and use the proceeds to acquire assets from Petrobras
Posted inDaily Brief
BV abandons IPO again
Brazilian banking JV calls off its planned market debut for a second time due to unfavorable market conditions
Posted inDaily Brief
Eletrobras plans debt sale for Angra 3
State-owned power company sets up a $478 mln deal to fund construction of the stalled nuclear power plant
Posted inDaily Brief
Brazil court grants Samarco bankruptcy protection
Ruling shields the Vale-BHP Billiton joint venture from debt claims in the US and Brazil