With restricted credit at the beginning of 2023, groups raised R$30bn from investment funds 05/02/2024 Daniel Wainstein — Foto: Gabriel Reis/Valor Companies that resorted to loans at higher rates during the credit crisis, especially from asset managers focused on stressed assets, known as “special sits,” are back at the table to refinance their debts. A […]
The 2025 Budget Guidelines Act indicates a budget of R$3.60tn, down from R$3.76tn at the end of 2022 05/02/2024 Jorge Messias — Foto: Divulgação/Daniel Estevão/AscomAGU In its first year, the Lula administration has set a downward track for the federal government’s fiscal risks within the justice system, which had been on the rise and are […]
Change comes just over two weeks after Brazil reduced the fiscal target for 2025 05/02/2024 Dario Durigan — Foto: Marcelo Camargo/Agência Brasil Moody’s raised on Wednesday (1) Brazil’s Ba2 credit rating outlook to positive, from stable, indicating an improved chance of upgrading the country’s rating in the future. The agency cited positive GDP growth prospects […]
April 2024
A survey carried out in Beijing and Shanghai shows that consumers are willing to pay 20% more for Brazilian meat that has nothing to do with the destruction of the Amazon 04/30/2024 Kevin Chen and Eduardo Assad — Foto: Rogerio Vieira/Valor At a time when China is increasing the number of Brazilian slaughterhouses authorized to […]
Market harbors doubts, however, about the retailer’s ability to emerge from reorganization 04/30/2024 Renato Franklin — Foto: Rogerio Vieira/Valor Casas Bahia’s request for extrajudicial restructuring was approved Monday night by a São Paulo court, marking an attempt by the retailer to close this chapter and convey to the market that its focus is now squarely […]
An increase of 3.9% compared to the last three months of 2023, according to data from the RGF Monitor 04/30/2024 Rodrigo Gallegos — Foto: Rogerio Vieira/Valor The number of companies in court-ordered reorganization in Brazil continues to rise. By the end of the first quarter, 4,203 companies were under court supervision to renegotiate debts with […]
Review of prices following more conservative tone in the U.S. monetary policy opened opportunities in inflation-indexed bonds 04/30/2024 Luciano Telo — Foto: Rogerio Vieira/Valor The sharp movements in interest rates on U.S. Treasury bonds in April led to a review of prices worldwide. In Brazil, that translated into higher premiums for fixed-income investments. Tesouro IPCA+, […]
Agreement with BB and Bradesco includes out-of-court reorganization 04/29/2024 Renato Franklin — Foto: Rogerio Vieira/Valor The Casas Bahia group informed the market on Sunday (28) that it has reached an out-of-court reorganization agreement with its main creditors, Banco do Brasil and Bradesco, to carry out a reprofiling of the entire company’s debt. The payment term […]
Leaders in the sector in Brazil, who announced investments of R$3.8bn in 2023, will prioritize industrial projects in new disbursements totaling R$7.4bn 04/29/2024 Fernando Degobbi — Foto: Divulgação Despite a profitability decline in 2023, due to commodity price fluctuations, agribusiness cooperatives remain keen to invest—particularly in industrial projects aimed at adding value to their products. […]