Retail shopping

Guararapes hires former Dafiti CEO

People Commerce Retail shopping

Brazilian clothing retailer names André Farber as its new head in what may be a prelude to an attempt to buy Dafiti

Coppel adds to syndicated loan

Loans Debt Commerce

Mexican department store can increase the size of a $2.5 bln sustainability-linked loan and add five years to the tenor

Parque Arauco prints bonds in local market

Bonds Debt Fixed Income

Shopping mall raises $132 mln in the sale of 21-year notes as Banco Consorcio issues the same amount in seven-year bonds

Assaí dismisses talk of share sale

Corporate & Sovereign Strategy Equity Brazil

Brazilian wholesale chain says it is not studying a follow-on offering after France's Casino sold $770 mln worth of existing shares last week

Americanas creditors ask for capital injection

Debt Corporate & Sovereign Strategy Loans

Banks and bondholders want the Brazilian retailer's shareholders to invest $2.3 bln

Casino prices Assaí share sale

Equity Capital Markets Commerce

French retail group offloads another 19% of the Brazilian wholesale chain for $771 mln

BNDES mulls loans for Americanas suppliers

Corporate & Sovereign Strategy Economy & Policy Debt

Brazil's national development bank may come to the aid of "fraud" victims, CEO says

Grupo México opens Planigrupo offer

M&A Equity Capital Markets

Mexican conglomerate plans to spend $524 mln to acquire all of the local shopping mall operator

Soriana to raise debt for new stores

Debt Bonds Funds

Mexican retailer will also use cash flow to fund up to $389 mln in investments this year, source says

Arezzo buys Italian shoes

M&A Equity Commerce

Brazilian shoe seller agrees to pay $27 mln for Paris Texas in its first acquisition abroad

Fitch upgrades Arcos Dorados

Credit Ratings Fitch Ratings Upgrade

Latin America's sole McDonald's franchiser surpasses pre-pandemic revenues and looks to Brazil for growth, according to the rating agency

Interbank disappointed with Rappi JV results

M&A Corporate & Sovereign Strategy Andean

Peruvian bank says it is ready to abandon ventures that lack the "expected traction"

Fitch casts negative outlook on Femsa

Credit Ratings Fitch Ratings Revision

Rating agency says Mexican beverage and retail group will lose scale as it sells its stake in Dutch brewer Heineken

Aliansce Sonae plans first debt sale since merger

Debenture Debt Capital Markets

Brazilian shopping mall operator could raise as much as $120 mln in a CRI deal in the local market

Marisa to restructure debt, CEO resigns

Corporate & Sovereign Strategy Debt Brazil

Brazilian clothing retailer hires BR Partners and Galeazzi as advisers