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5 results for “Cosan CSAN3”

Moody's Local Downgrade Hits Cosan as Raízen Restructuring Signals Weaker Dividend Flow
PROMarkets• Aug 11

Moody's Local Downgrade Hits Cosan as Raízen Restructuring Signals Weaker Dividend Flow

Moody's Local Brasil cut the rating for Brazilian conglomerate Cosan (CSAN3) to A+.br, reflecting the credit deterioration of its subsidiary Raízen.

Cosan (CSAN3) Rating Cut as Raízen’s Debt Crisis Spurs Contagion Fears in Brazil Conglomerate
PROMarkets• Aug 11

Cosan (CSAN3) Rating Cut as Raízen’s Debt Crisis Spurs Contagion Fears in Brazil Conglomerate

Moody's Local Brasil downgrades Cosan to A+.br on risks from Raízen's R$65 billion debt restructuring and holding company's reduced portfolio.

Cosan Downgrade Highlights Spillover Risk from Raízen’s $12.8 Billion Debt Restructuring
Markets• Aug 11

Cosan Downgrade Highlights Spillover Risk from Raízen’s $12.8 Billion Debt Restructuring

Moody's Local Brasil cut the rating on Brazilian conglomerate Cosan, citing the severe financial distress at its energy subsidiary Raízen.

Brazil’s Largest Port Advances Concession for Access Channel, Setting New Infrastructure Standard
PROMarkets• Aug 10

Brazil’s Largest Port Advances Concession for Access Channel, Setting New Infrastructure Standard

Auction for Port of Santos channel maintenance will test Brazil's new model to boost port efficiency and private investment.

São Paulo Court Approves Raízen's R$65 Billion Restructuring; Creditors to Convert Debt to Equity at Premium
PROMarkets• Jul 31

São Paulo Court Approves Raízen's R$65 Billion Restructuring; Creditors to Convert Debt to Equity at Premium

Brazil's largest-ever extrajudicial recovery plan for Raízen was approved, converting R$65.14B in debt to equity, ending uncertainty for RAIZ4 and CSAN3.