Brazil

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

Brazil almost doubles FDI in 2022

Corporate & Sovereign Strategy Economy & Policy Brazil

Latin America's largest economy attracts $91 bln in foreign capital, the highest amount since 2012, central bank says

BNDES elects new CEO

Corporate & Sovereign Strategy Economy & Policy Equity

Aloízio Mercadante, a former senator, is close to President Lula, who has advocated for Brazil's national development bank to finance a natural gas pipeline in Argentina

PRIO pays Petrobras for offshore oil field

Corporate & Sovereign Strategy Equity M&A

Brazilian oil company spends $1.9 bln for the Albacora Leste concession in the Campos Basin

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

S&P cuts Invepar to CCC

Bonds Debt Debenture

Brazilian infrastructure group faces liquidity risks with $380 mln in debt due by August next year, rating agency says

MRS sets up next debt deal

Debenture Debt Project & Infrastructure Finance

Brazilian railroad operator plans to raise $99 mln in the local market to pay down debt

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

Investors look forward to Brazil's first green bond, Fitch says

Corporate & Sovereign Strategy Economy & Policy Brazil

US rating agency backs the government's environmental policies and says the country can count on solid demand if it comes to the bond market

Banco do Brasil appoints new CFO

Brazil People

Marco Silva returns to the state-run lender after seven years at Bank of America

União Química stays on 'high alert' in uncertain market

Corporate & Sovereign Strategy International Financial Institutions Economy & Policy

Brazilian pharmaceutical company is looking to add to its cash reserves and expects to receive a $65 mln loan from IFC before the end of June, CFO says

Cubico looks to loans, bonds for Brazilian solar farm

Corporate & Sovereign Strategy Equity Debenture

UK-based renewable energy company hopes it can find financing "alternatives" with commercial banks, head of Latin America says

S&P assigns rating to Niterói

S&P Global Economy & Policy Debt

Rating agency gives the Brazilian city a BB- as high oil royalties lead to budget surpluses