Coronavirus outbreak begins to have an impact on infrastructure investment plans
Author Archives: Joe Rowley
Brazil central bank opens money spigot to support financial markets
Brazil’s Central Bank and BNDES offer financial support packages to counter COVID-19
Invepar negotiates standstill agreements
Brazilian infrastructure investor looks to hold off debt payments as coronavirus outbreak restricts travel
Goldwind resists headwinds in LatAm
Chinese wind turbine manufacturer looks to use the Renaico II project in Chile as a springboard for regional expansion
Paraná Banco puts off IPO
Brazilian mid-sized lender becomes the fifth prospective issuer to cancel or delay a share sale in just over a week
Petrobras postpones refinery sales
Brazil’s state-owned oil company also asks to draw $8 bln from revolving credit lines to maintain liquidity in crisis
S&P puts negative outlook on Embraer ratings
Rating agency does not see a “rating upside” for the Brazilian aircraft manufacturer after downgrading Boeing
Brazilian IPO market slows as coronavirus spreads
Four prospective issuers have cancelled or suspended stock market debuts since last week
Hidrovias also puts off IPO
Brazilian waterway operator becomes the fourth company to delay a planned share sale this month
Emerging market outflows exceed $50 bln since outbreak
Outflows are already twice as much as during the financial crisis of 2008, according to the IIF
