Daily Brief

Oct 24, 2019 Issue

Usiminas goes big in return to local bond market

Debenture Capital Markets Debt

Brazilian mining company earns close to $495m from a two-part debenture deal

Log-In studies share sale

Equity Capital Markets Corporate & Sovereign Strategy

Brazilian logistics company said it could embark on a follow-on offering for an unspecified amount

Log prices follow-on

Equity Capital Markets Brazil

Brazilian real estate company lifts its share capital above $500m after an equity deal for $157m

Argentina accepts IDB loan for roadworks

Project & Infrastructure Finance Loans Debt

Central government takes $300m from the multilateral lender to fund a federal highway program

SoftBank leads financing round for Brazil's Olist

Equity Brazil Japan

Japanese investor collects $47m for the online marketplace aggregator to increase the number of clients to 100,000

Brazil's Lava Jato targets Techint

Regulation Energy Gas

Federal investigators suspect the Italo-Argentine group paid bribes to win $820m in Petrobras contracts

Telecom calls off bond swap

Bonds Debt Capital Markets

Argentine telephone company scraps the deal after bondholders accept less than $100m in new 2025 notes

Chilean companies agree to merge frozen fruit businesses to boost exports

Proposed deal between Alifrut and Hortifrut comes as demand for health food grows globally

Argentina borrows from state entities to pay debts

Corporate & Sovereign Strategy Debt Bonds

Government raises $543m from a state-owned bank and the social security system to abate default concerns