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5 results for “Judicial Reorganization

Brazil’s Antitrust Body Clears Batista Brothers’ Acquisition of Strategic Missile Manufacturer Avibras
MarketsSep 15

Brazil’s Antitrust Body Clears Batista Brothers’ Acquisition of Strategic Missile Manufacturer Avibras

CADE’s General Superintendence approved the purchase of defense firm Avibras by the Batistas' personal investment vehicle, signaling a major private rescue of a strategic national asset.

Casas Bahia Rent Default Exposes Single-Tenant Risk in Brazil’s Popular REITs
InvestingAug 18

Casas Bahia Rent Default Exposes Single-Tenant Risk in Brazil’s Popular REITs

Brazilian retailer Casas Bahia's rent default on two properties caused an FII share price to plunge, highlighting risk in Real Estate Investment Trusts.

Casas Bahia Posts R$10.1 Billion Loss, Signals Potential for New Judicial Reorganization
MarketsAug 17

Casas Bahia Posts R$10.1 Billion Loss, Signals Potential for New Judicial Reorganization

Major Brazilian retailer Casas Bahia reports massive Q2 loss and signals potential court-supervised restructuring, deepening distress in the credit market.

Moody's Downgrades Cosan (CSAN3) as Raízen's Debt Restructuring Creates Contagion Risk
PROSmall CapsAug 11

Moody's Downgrades Cosan (CSAN3) as Raízen's Debt Restructuring Creates Contagion Risk

Moody's Local Brasil downgraded holding company Cosan's rating to A+.br with a negative outlook, citing the credit impact from its subsidiary Raízen's R$61.4 billion debt overhaul.

Oi (OIBR3) Cash Plummets to R$19.6 Million, Judicial Manager Warns of August Operational Collapse
TechJul 29

Oi (OIBR3) Cash Plummets to R$19.6 Million, Judicial Manager Warns of August Operational Collapse

Brazil's Oi S.A. faces an acute financial crisis after its cash reserves dropped to R$19.6 million, risking operations next month.