Brazil

CPFL unit preps local debt sale

Debenture Debt Capital Markets

CPFL Renováveis aims to raise $213m in the local market to pay off loans and lower its financing costs

Eletrobras to pick Angra 3 partner next year

M&A Project & Infrastructure Finance Corporate & Sovereign Strategy

State-owned power company expects to finalize a corporate model for the nuclear power plant by the end of May, CEO says

S&P downgrades Avianca

Bonds Debt Capital Markets

Rating agency drops the Colombian airline to CCC+ on higher refinancing risks

Multiplan issues local notes

Debt Corporate & Sovereign Strategy Debenture

Brazilian real estate developer raises $88m to pay off debt and invest in new projects

Petrobras starts sale of thermal power plants

M&A Debt Corporate & Sovereign Strategy

Brazil's state-owned energy company sends out teasers for Breitener Energética in Manaus

Azul to wage 'aggressive' battle for Avianca Brasil

M&A Corporate & Sovereign Strategy Regulation

Brazilian airline is expected to make the "highest possible bid" for the bankrupt carrier, analyst says

Invepar peddles CART toll road

M&A Project & Infrastructure Finance Debt

Brazilian infrastructure investor hires a financial advisor to find a buyer for the concessionaire

B3 issues local debt

Debenture Debt Capital Markets

São Paulo stock exchange earns more than $300m from the sale of 30-year debentures

GS Inima buys Brazilian water biz from Brookfield

M&A Project & Infrastructure Finance Funds

Spanish water company pays $188m to take control of BRK Ambiental from the Canadian investor

Caixa Seguridade restarts search for partners

M&A Corporate & Sovereign Strategy Regulation

Brazilian insurance company looks to form joint ventures to sell policies at its branches

Debt sales drop in Brazil

Debenture Debt Capital Markets

Debenture deals decline 37% in the first four months of the year as equity offers stay flat

Casino reviews LatAm assets

M&A Brazil Colombia

French retail group says it is studying "various strategic options" for its businesses in the region

Totvs raises money for acquisitions

M&A Equity Corporate & Sovereign Strategy

Brazilian software company stands to earn more than $280m from an upcoming share sale

Brazilian equities gain ground in first half

Equity IPO Capital Markets

Deals from Centauro and BK Brasil stand out as highlights, while Neoenergia and Carrefour Brasil prepare share sales of their own

Brazil adds to concessions program

Economy & Policy Project & Infrastructure Finance Politics

PPI includes 59 projects with an estimated $405bn in total investments over 30 years