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COVER STORY: Sliding fortunes

Brazil is reeling from the impact of the country’s biggest ever corruption investigation. Petrobras is in transformation, its new management quickly getting to work shedding assets and grabbing fresh funding. And while the reverberations of Lava Jato have trickled down into the corporate sector, tipping some companies into bankruptcy, new financings for large-scale equipment are still closing. Now, Petrobras must sharply ramp-up production to keep its ambitious deleveraging goals on track — and that hinges on the company and its suppliers accessing new financing. By Katie Llanos-Small

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