Commerce

Muffato acquires Makro stores

Corporate & Sovereign Strategy Equity M&A

Paraná-based retailer buys 16 stores and 11 service stations from the Dutch company in the state of São Paulo

Banks to emerge unscathed from Americanas saga

Corporate & Sovereign Strategy Credit Ratings Brazil

Moody's says lenders have "excess reserves" and enough flexibility to soften the blow

Bachoco names new CEO

People Commerce Mexico

Mexican poultry producer promotes Ernesto Salmon to the top job, starting in April

Bondholders top list of Americanas' creditors

Corporate & Sovereign Strategy Bonds Debenture

Brazilian retailer provides details on $8 bln in debt as part of its bankruptcy proceedings

GPA to issue CRIs to lower debt costs

Debenture Corporate & Sovereign Strategy Brazil

Brazilian subsidiary of French retailer Casino plans to raise $145 mln in a deal for real estate receivables certificates

Vibra cuts ties with Americanas

Corporate & Sovereign Strategy Debt Equity

Brazilian fuel distribution company pulls out of a joint venture with the financially troubled retailer

Rating agencies demote Americanas for accounting scandal

Moody's Investors Service Fitch Ratings S&P Global

Fitch lists the Brazilian retailer in default, while Moody's leaves it deeper in junk territory

Americanas seeks bankruptcy protection amid accounting scandal

Corporate & Sovereign Strategy Debt Equity

Brazilian retailer declares $8.3 bln in debt and just $155 mln in cash

Americanas to cooperate in insider trading investigation

Corporate & Sovereign Strategy Debt Brazil

Brazilian retailer is given a 30-day reprieve by a Rio court, but it may have to pay off $8 bln in debt sooner than expected

Americanas shares reel from accounting gap

Corporate & Sovereign Strategy Debt Equity

Brazilian retailer will need a large equity injection after the discovery of $3.9 bln in "inconsistencies," says outgoing CEO

Aliansce Sonae CEO takes helm at brMalls

People M&A Commerce

Rafael Sales Guimaraes heads both shopping mall operators following the merger in Brazil

Famsa admits risk of closing

Debt Mexico Capital Markets

Mexican retailer says it could shut more stores unless it secures funding to increase liquidity

Walmex names new head of financial services

Mexico Capital Markets Commerce

US retailer appoints Marcelino Herrera to take charge of credit and remittances for Mexico and Central America

Consumer lenders eye Peru's bond market

Debt Capital Markets Commerce

Banco Falabella and Oh! plan to issue short-term notes

Multiplan increases stake in shopping center

Corporate & Sovereign Strategy Equity M&A

Brazilian shopping mall operator puts up $33 mln to get 75% of DiamondMall in Belo Horizonte