Brazil

Moody's upgrades Petrobras to Ba1

Credit Ratings Moody's Investors Service Bonds

Rating agency puts Brazil's state-owned oil company one step from investment grade on strong financial results

FS Bioenergia upsizes 2025 tap

Corporate & Sovereign Strategy Bonds Debt

Brazilian ethanol company increases the size of the deal to $80 mln to fulfill orders

Bluefit suspends IPO in "hostile" environment

Equity IPO Brazil

Brazilian fitness center chain calls off a share sale as bankers and investors say the tide may have turned in the IPO market

GFB plants first forest bond in Brazil

Bonds Brazil ESG

Brazilian start-up expects to issue notes in the local market next month

Merama to open in US market ahead of Nasdaq listing

Equity Funds IPO

Latin American e-commerce start-up plans to use $225 mln from a Series B financing round co-led by Advent and SoftBank

Banco do Brasil fills buyback with 2022 bonds

Corporate & Sovereign Strategy Bonds Debt

Brazil's state-owned lender agrees to repurchase $724 mln in debt after issuing $750 mln in five-year notes earlier this month

Elfa hires banks for possible IPO

IPO Equity Capital Markets

Brazilian pharmaceutical company resumes plans to list shares after two delayed attempts

Brazil warms up to green finance

Corporate & Sovereign Strategy International Financial Institutions Bonds

Latin America's largest economy could become the second sovereign issuer in the region to sell green bonds, according to sources

Infracommerce buys rival Synapcom

Corporate & Sovereign Strategy Equity M&A

Brazilian e-commerce company agrees to pay $232 mln in cash and shares as it closes an acquisition cycle since its IPO in May

Hapvida wins battle for HB Saúde

Corporate & Sovereign Strategy Equity M&A

Brazilian healthcare group outbids challenger SulAmérica and agrees to pay $72 mln for at least 59% of the regional medical group

Rodovias do Tietê receives creditor approval for recovery plan

Debt Debenture Funds

Brazilian toll road concessionaire still awaits authorization from bankruptcy court and São Paulo state authorities

Vamos prices second share sale this year

Equity Brazil Capital Markets

Brazilian truck rental company raises $206 mln in a follow-on offering to buy more vehicles and equipment

EcoRodovias, IMC name new execs

Brazil People

Brazilian infrastructure company appoints Gianfranco Catrini as CEO while restaurant operator recruits Rafael Bossolani to be CFO

Kraft Heinz buys Hemmer in Brazil

M&A Equity Commerce

US food company acquires the 106-year-old company to increase its presence in emerging markets

Eletrobras increases take from NBTE sale

M&A Equity Energy

Brazil's state-owned power company earns $139 mln for 49% of the transmission company in a tag-along deal with Ontario Teachers'