EIB opens Brazilian office with loan to Sicredi

Corporate & Sovereign Strategy Economy & Policy Loans

European development bank extends a $214 mln loan to finance the installation of solar panels

Samarco revives hopes with debt deal

Corporate & Sovereign Strategy Debt Australia

Vale-BHP joint venture takes step to recovery after creditors agree to a 25% haircut

NDB to consider Argentina's membership

International Financial Institutions South America Argentina

South American country is seeking more funds to pull out of financial crisis

Prumo mixes debt, equity for Port of Açu expansion

Corporate & Sovereign Strategy Equity Debt

Brazilian port operator plans to use 65% debt and 35% equity for $599 mln in planned investments through 2025, CEO says

Porto Seguro picks next CEO

Brazil People

Former CEO of Brazilian airline Gol will take charge of the insurance company at the beginning of next year

Movida misses mark in bond buyback

Bonds Debt Fixed Income

Brazilian car rental company accepts $210 mln in 2031 notes for repurchase, short of the $375 mln target

InterCement seeks waivers on debt payments

Corporate & Sovereign Strategy Debt Brazil

Brazilian cement company initiates discussions with creditors after missing payment on a loan from HSBC

BRF lands investments from SALIC, Marfrig

Corporate & Sovereign Strategy Equity Brazil

Brazilian food company could earn $887 mln in a deal with Saudi Arabia's agricultural and livestock investment firm and its largest shareholder

Argentina gets go-ahead for BNDES funds for pipeline

International Financial Institutions Corporate & Sovereign Strategy Economy & Policy

More than $600 mln will be used for supplying steel for the second stage of a natural gas pipeline

Lula voices support for South American currency

Corporate & Sovereign Strategy Economy & Policy South America

Brazilian president also throws his weight behind Venezuela's bid to join the BRICS group

Copel hires banks ahead of privatization

Corporate & Sovereign Strategy Equity Brazil

Paraná state power company picks five bookrunners to lead "the process of dispersion of share capital"

Pátria lowers stake in Smartfit

Corporate & Sovereign Strategy Equity Brazil

Brazilian investment firm earns $117 mln in a share sale by the local gym operator

Itaú ups bid for shares in Chilean unit

Equity M&A Brazil

Brazilian bank offers to pay substantially more than it offered in March to woo investors holding 34% of its Chilean subsidiary's stock

Talanx buys Liberty Mutual operations in LatAm

M&A Brazil Colombia

German insurer agrees to pay $1.5 bln for the US firm's P&C businesses in Brazil, Chile, Colombia and Ecuador

CNP seeks acquisitions, partnerships in LatAm

M&A Equity Brazil

French state-owned insurer is looking to go beyond its long-time collaboration with Brazil's Caixa