Brazil

Arco acquires Positivo

M&A Brazil US

Brazilian education company agrees to pay $420m for its rival and more than double its reach to 1.2m students

Light completes local debt sale

Debenture Debt Capital Markets

Brazilian power company raises $155m from a three-part debenture deal, shy of the $190m target

Lava Jato comes for the banks

Economy & Policy Brazil Caribbean

Federal police detain three executives at Banco Paulista on suspicion of laundering illicit payments for Odebrecht

Brazilian meatpackers put a cap on refis

Bonds Debt Capital Markets

JBS and Marfrig will likely stay away from the bond market for the rest of the year, but BRF could set the stage for more local debt sales, sources say

Nubank opens in Mexico

Corporate & Sovereign Strategy Brazil Mexico

Brazilian fintech targets more than 36m people without access to the banks

Hughes, Yahsat form JV in Brazil

M&A Telecoms Brazil

US satellite operator owns 80% of the new company, while its Abu Dhabi-owned partner has 20%

Votorantim aluminum unit wraps up buyback

Bonds Corporate & Sovereign Strategy Debt

Bondholders tender 66% of CBA's 4.75% 2024 notes for repurchase

Queiroz Galvão, Ocho A set up bond sale for Paraguayan toll road

M&A Corporate & Sovereign Strategy Brazil

Consorcio Corredor Vial Bioceánico aims to raise $300m from the sale of international notes this week

IDB Invest invests in SME fund

Funds Equity Economy & Policy

Multilateral lender backs middle-market equity investments in Brazil through Stratus Group

Bradesco buys a bank in Florida

M&A Equity Corporate & Sovereign Strategy

Brazilian lender agrees to spend $500m for BAC Florida in Coral Gables

Petrobras puts up stake in Mega

M&A Corporate & Sovereign Strategy Debt

Brazil's state-owned energy company sends out teasers for its 34% share in the Argentine natural gas company

Coruripe prepares another CRA sale

Debt Capital Markets Corporate & Sovereign Strategy

Brazilian sugar and ethanol company aims to issue $200m in agribusiness receivables through the local securitization firm Eco

Brookfield identifies Ascenty add-ons

M&A Corporate & Sovereign Strategy Brazil

Canadian investor sees "tuck-in opportunities" for the Brazilian data center company

Neoenergia names banks on IPO

Equity IPO Funds

Iberdrola's Brazilian subsidiary picks Banco do Brasil to lead the offering with five other banks

Totvs considers share sale

Equity Corporate & Sovereign Strategy Brazil

Brazilian software company could raise $250m for its new fintech business