Funds Economy & Policy Energy
State government will use revenue from oil and gas exploration to create infrastructure and sovereign wealth funds
People Economy & Policy Politics
Privatization advocate Gustavo Montezano is picked to take over the national development bank
Bonds Debt Capital Markets
Finance ministry sells $1.4bn in 31-year notes at 95bp over US Treasuries
People Economy & Policy Capital Markets
Joaquim Levy leaves the top job at the national development bank after six months
IPO Equity Capital Markets
Only two deals worth $245m get done in the first six months of 2019
Finance ministry aims to have 70% of debt in soles in the medium term
Equity Capital Markets Economy & Policy
State government looks to float a larger stake in the local lender without losing control
Sovereign issuers offers to repurchase seven series of bonds that come due between 2023 and 2037
Sovereign issuer adds $1.1bn to its 2029 notes and raises money to buy back its 2020s
Debt Corporate & Sovereign Strategy Capital Markets
Insolvencies could surpass last year's totals as the economy flounders and Congress delays in passing pension reform, source says
Loans Energy Electricity
Pemex downgrade and cancelled energy auctions could cause the market to fall 70% this year, source says
Finance Minister Carlos Oliva flies to New York to meet investors through June 13
Equity Economy & Policy Capital Markets
Brazil's federal savings bank could earn more than $1.6bn from the sale of its shares in the state-owned energy company
Loans Brazil Economy & Policy
Development bank grants $150m for a social infrastructure program in the Brazilian city
M&A Economy & Policy Regulation
State-owned energy company proceeds with TAG sale and other deals