Rating agency cuts Brazilian construction firm amid slow activity and higher than expected cash burn
Tag: Odebrecht
Posted inDaily Brief
S&P cuts Odebrecht subsidiary again
Rating agency downgrades the Brazilian constructor’s debt issuing entity after failing to pay interest on a bond within the 30-day grace period
Posted inDaily Brief
Odebrecht effect dampens Colombian lenders’ appetites
Local banks feel the pinch from the bribery scandal, but sources are confident deal flow will pick up again
Posted inDaily Brief
Congress calls to cancel Odebrecht contracts in Mexico
Transparency and Anti-corruption Committee unanimously approves a measure that also commands the federal government not to grant new works to the Brazilian builder
Posted inWeb Articles
Odebrecht effect dampens Colombian lenders’ appetites
Banks in Colombia feel the pinch from the bribery scandal, but sources are confident deal flow will pick up again
Posted inDaily Brief
S&P downgrades Odebrecht subsidiary
Odebrecht Offshore Drilling Finance misses $32m in interest payments and falls deeper into junk
Posted inWeb Articles
Colombia’s president acknowledges Odebrecht made illegal campaign contributions
The revelation is the latest development in the political fallout from the Brazilian company’s scandal
Posted inDaily Brief
CCR buys Odebrecht stake at a discount
Brazilian concessionaire pays 43% less than it had agreed in July last year to double its share in the ViaRio toll road concessionaire
Posted inWeb Articles
Odebrecht’s bribery scandal casts a shadow over Latin America
The shock waves are not just hitting Odebrecht and its partners but also infrastructure and project finance markets across the region
Posted inWeb Articles
Prosecutors target Peru’s president in Odebrecht bribery probe
Judicial officials in Peru have called for an investigation into whether an investment fund linked to President Pedro Pablo Kuczynski received illicit payments from the Brazilian builder