While many firms refinanced debt during lower spreads, several sectors remain highly leveraged 10/01/2024 The ongoing Selic benchmark interest rate hike, which began in September, is expected to impact the financial performance of companies raising funds through the debt market, particularly those in highly leveraged sectors such as retail, car rentals, and healthcare. However, the […]
Credit rating agency says that if fiscal performance is weak during strong economic growth, it may deteriorate further during an unexpected slowdown 09/27/2024 Despite Brazil’s surprising economic growth this year, the country’s fiscal performance has been “weaker than anticipated,” maintaining high uncertainty regarding public finances, according to Fitch Ratings. “Economic outperformance may partly result from […]
With stock prices below “fair” value, firms launched 53 buyback programs from January to August, compared to 35 last year 09/27/2024 Publicly traded companies are capitalizing on a lackluster year in the capital markets by launching share buyback programs, seizing the opportunity to repurchase shares they believe are undervalued. From January to August, 53 buyback […]