Brazilian firm says it is evaluating its options for debt-laden subsidiary, triggering ratings downgrade and share price drop
Category: Brazil
Posted inDaily Brief
Mubadala tender offer for Zamp falls short
Abu Dhabi sovereign wealth fund picks up roughly a third of the fast-food franchiser’s outstanding shares eligible for tender
Posted inDaily Brief
Reag founder sells up amid laundering probe
João Carlos Mansur sells his 87% stake in Brazilian investment firm and quits as chairman
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Rio subway to print infra bonds
Mubadala-controlled train operator seeks funds for investment, while São Paulo stock exchange plans to refinance debt
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‘Terrific’ market galvanizes issuers
Auspicious market conditions look set to continue buoying Latin American bond issuance in the near term, investors and bankers say
Posted inDaily Brief
Cosan mulls Raízen sale
Brazilian logistics and energy conglomerate confirms it is in talks to divest its stake in local joint venture with Shell
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Mota-Engil, Pátria win key PPP concessions
Portuguese firm wins rights to build underwater tunnel at Brazil’s Port of Santos, as local investment firm lands road concession
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LatAm issuers raise $1.8 bln
Kallpa, Inversiones CMPC and Rede D’Or price new notes as US Treasury yields continue to slide
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Femsa and Raízen part ways in Brazil
Mexican retail and beverage giant ends 50-50 JV with convenience store chain owned by the Brazilian fuel distributor
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Brazil vetoes bank merger
State-controlled Banco de Brasília offered to acquire 49% of Banco Master’s voting shares in March