Brazil

Infrastructure bond deals double in Brazil

Debenture Brazil Economy & Policy

Tax-exempt debenture sales reach $3.9 bln in the first six months of 2021 and exceed $1 bln in June alone

Magalu funds KaBuM! deal with share sale

Equity IPO Brazil

Brazilian retailer earns $764 mln in a follow-on as WDC raises $86 mln in an IPO

BlackRock appoints new CEO in Brazil

Brazil People

Karina Saade replaces Carlos Takahashi and is charged with expanding the range of investments for local clients

Iguatemi reduces borrowing costs in local market

Debt Debenture Brazil

Brazilian shopping mall operator prices a two-part debenture sale at lower spreads than last year

Grupo Wertheim agrees to buy Vrio from AT&T

M&A Equity Telecoms

Argentine group takes over Sky in Brazil and DirecTV in 10 other countries in Latin America and the Caribbean

AgroGalaxy prices IPO at bottom of range

IPO Equity Capital Markets

Brazilian ag inputs company earns $67 mln in its market debut but decides not to exercise the greenshoe option

Renova accepts Mubadala offer for hydropower plants

M&A Energy Hydro

Brazilian renewable energy company agrees to sell its 51% stake in Brasil PCH to the Abu Dhabi-based sovereign wealth fund for $212 mln

IPO market regains momentum in Brazil

Equity IPO Capital Markets

Bankers expect a record volume of $39 bln this year before the presidential election clouds prospects in 2022

GPA sets rates for next debt deal

Debt Capital Markets Commerce

Brazilian retailer plans to sell $191 mln in commercial paper in a two-part deal

Carrefour appoints new CEOs in Brazil, Argentina

Commerce People Retail shopping

Stéphane Maquaire will replace Noël Prioux in Brazil as Pablo Lorenzo will step in to lead the business in Argentina

Cemig announces buyback for 2024 bonds

Debt Bonds Corporate & Sovereign Strategy

Minas Gerais state power company offers more than $1.15 on the dollar for up to $500 mln in outstanding notes

G2D sells stake in Blu to Warburg Pincus

Equity M&A Technology

GP Investment's VC division offloads part of the Brazilian fintech to the US private equity firm in a Series B investment round

Assaí sells five properties to TRX

M&A Commerce Retail shopping

Brazilian wholesale retailer offloads sites for new stores to the local investor for $70 mln

Biotrop speeds up international expansion with GIC investment

Equity Brazil Technology

Brazilian biological ag inputs company prepares to enter the US market as well as Europe and Asia with money from Singapore's sovereign wealth fund

AgroGalaxy sets range for IPO

IPO Equity Capital Markets

Brazilian ag inputs company could earn $73 mln in its market debut as Multilaser and Desktop also get ready to list shares