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Murray News

Debt-burdened companies reengage in negotiations with crisis managers

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 […]

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2 de May de 2024/by Gelcy Bueno
Murray News

Government reduces fiscal risk in courts

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 […]

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2 de May de 2024/by Gelcy Bueno
Murray News

Moody’s raises outlook for Brazil’s rating

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 […]

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2 de May de 2024/by Gelcy Bueno
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