QuintoAndar reports slow start in Mexico

Technology M&A Equity

Brazilian proptech does not need to raise fresh funds, although it may consider M&A, co-founder says

Movida adds local debt to fund buyback

Corporate & Sovereign Strategy Bonds Debt

Brazilian car rental company has "no plan" to raise debt in the international market, source says

Zurich Airport adds another concession in Brazil

Project & Infrastructure Finance Debt Loans

Swiss operator bids $64 mln to win a 30-year contract for an international airport near Natal in Rio Grando do Norte

Vale receives bids for base metals stake

Corporate & Sovereign Strategy M&A Brazil

Brazilian iron ore producer is expected to review offers for the 10% stake on May 25

Movida puts up cash for bond buyback

Corporate & Sovereign Strategy Bonds Debt

Brazilian car rental company is looking to repurchase up to $375 mln in 5.25% 2031 SLBs

C&A to issue commercial notes in Brazil

Corporate & Sovereign Strategy Debenture Brazil

European retailer's local subsidiary intends to raise $40 mln in the local market

Brazilian bankers see better days ahead

Corporate & Sovereign Strategy Economy & Policy Debt

"The worst is behind us," source says as capital markets appear to recover from this year's slump

GEB names country heads

Andean Latin America South America

Bogotá city-owned power company appoints managers to oversee its operations in Brazil and Peru

Jive, Vinci take stakes in Enauta

Equity Capital Markets Energy

Brazilian investment firms convert debt into 19% of Queiroz Galvão's oil and gas division

UnitedHealth, ClearSale appoint new bosses in Brazil

People Technology Digital Payments

US health insurer hires former SulAmérica CEO to lead its local business, while US e-commerce fraud protection company promotes COO Marcos Bottas to the top job

Light downgraded for bankruptcy

Credit Ratings Downgrade Moody's Investors Service

Moody's cuts the Brazilian power company to Ca with a negative outlook as Fitch lists it in default

Investors left unimpressed by Azul debt deal

Debt Bonds Equity

Brazilian airline says an agreement with creditors will allow savings of $1.1 bln, but shareholders react negatively to first quarter losses

Americanas looks for buyer for

M&A Commerce Retail shopping

Brazilian retailer hires Citi to advise on the first asset sale since it presented a recovery plan in March

Light files for bankruptcy

Corporate & Sovereign Strategy Regulation Debt

Brazilian power company seeks protection from creditors as its financial situation worsens

Carrefour acts to curb debt in Brazil

Corporate & Sovereign Strategy Economy & Policy Debt

French retailer's local subsidiary negotiates a sale and leaseback agreement as it tries to roll over $1.2 bln in debt by the end of the year