Gol, Latam enter race for Avianca

M&A Corporate & Sovereign Strategy Debt

Elliott Management asks the two airlines to present separate offers for at least $70m

Klabin buyback makes it halfway

Bonds Debt Capital Markets

Investors tender 46% of the Brazilian paper company's 5.25% 2024 notes by the deadline

Vitacon, 7 Bridges build real estate biz

Equity Corporate & Sovereign Strategy Asset Management

Brazilian developer and US investor roll out $520m in investments over the next six to 12 months

IFC funds Brazilian power plant

Loans Project & Infrastructure Finance Energy

Multilateral agency provides $288m in local currency for a 1.34 GW project in the state of Rio

Odebrecht puts off bondholder talks

Bonds Debt Capital Markets

Brazilian builder is scheduled to meet its creditors to discuss a settlement next week, source says

Fitch cuts BRF

Debt Capital Markets Corporate & Sovereign Strategy

Brazilian food company fails to shed as much debt as expected and faces closed markets in Russia and the EU, rating agency says

JBS lowers funding costs on retap

Bonds Debt Capital Markets

Brazilian meat company shaves 28bp off its 2026 notes and replaces its 7.25% 2021s with new 10-year debt at 6.5%

Stone shapes share sale

Equity Capital Markets Corporate & Sovereign Strategy

Shareholders in the Brazilian credit card payments company could earn $870m from a follow-on offering

JBS funds buyback with new notes

Bonds Debt Capital Markets

Brazilian meat company markets $950m in seven- and 10-year bonds to repurchase all its 7.25% 2021s

Tropicália gets guarantee

Project & Infrastructure Finance Loans Energy

Santander and SMBC back a BNB loan to build a 254km transmission line in Bahia

Neoenergia lines up local debt sales

Debenture Debt Capital Markets

Coelba preps $181m in seven-year debentures as Celpe prepares a $129m issue of its own

Brazilian agribusinesses raise local debt

Debenture Debt Capital Markets

Zilor, IBI Brasil and Sipcam Nichino earn $228m from the sale of debentures

Klabin sells notes to support CRAs

Debenture Debt Capital Markets

Brazilian paper company issues $258m in 10-year debentures to back agricultural receivables

BRF elects next CEO

People Brazil

Lorival Luz will take charge of the Brazilian food company on June 17

Petrobras revives Liquigás sale

M&A Debt Corporate & Sovereign Strategy

Brazil's state-owned energy company has hired Santander to find a buyer for its LPG distribution unit