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8 results for “R$10 billion

Lula’s Election Push Drives R$10 Billion Fuel Subsidy as Banking Scandal Engulfs Brazil’s Justice System
PROMarketsSep 19

Lula’s Election Push Drives R$10 Billion Fuel Subsidy as Banking Scandal Engulfs Brazil’s Justice System

Brazil’s election countdown is marked by a multi-billion-real fuel subsidy, a deepening Supreme Court crisis, and a tax deadline for small firms.

Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion
MarketsSep 19

Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion

Brazil's state-controlled oil company raised diesel prices by R$1.00/liter, but a new government subsidy immediately offset the increase.

Brazil’s Distributed Solar Sector Faces R$10 Billion Debt Crisis After Major Player Seeks Bankruptcy Protection
PROMarketsSep 04

Brazil’s Distributed Solar Sector Faces R$10 Billion Debt Crisis After Major Player Seeks Bankruptcy Protection

A growing crisis in Brazil’s distributed solar generation sector, marked by a R$10 billion debt overhang, threatens the local credit market.

Brazil Senate Approves R$10 Billion Plan to Decouple Agriculture from Fertilizer Imports
AgroAug 13

Brazil Senate Approves R$10 Billion Plan to Decouple Agriculture from Fertilizer Imports

The Brazilian Senate approved Profert, a R$10 billion tax incentive program over five years, to reduce the country's critical 80%+ dependency on imported farm inputs.

TRXF11 Announces R$2.13 Billion Acquisition and R$10 Billion Mega-Offering, Shares Plunge on IFIX
InvestingAug 07

TRXF11 Announces R$2.13 Billion Acquisition and R$10 Billion Mega-Offering, Shares Plunge on IFIX

TRXF11, a major Brazilian FII, announced a record R$2.13B acquisition from Cy.Capital and the largest FII offering in history, triggering a 5.32% share drop.

TRXF11 Launches Record R$10 Billion Capital Raise Following Logistics-Focused R$2.13 Billion Acquisition
InvestingAug 07

TRXF11 Launches Record R$10 Billion Capital Raise Following Logistics-Focused R$2.13 Billion Acquisition

Brazil's TRX Real Estate (TRXF11) announced the largest FII offering in history to fund a major portfolio shift toward logistics and corporate assets.

Bradesco Announces R$10 Billion Capital Raise Paired With Accelerated JCP Payout
PROInvestingAug 03

Bradesco Announces R$10 Billion Capital Raise Paired With Accelerated JCP Payout

Bradesco is launching a capital increase up to R$10 billion, structuring the move to allow shareholders to use an accelerated JCP payment to subscribe at a discount.

Bradesco Offers Shareholders Discounted Shares, JCP Offset to Avoid Dilution in R$10 Billion Capital Increase
PROInvestingAug 03

Bradesco Offers Shareholders Discounted Shares, JCP Offset to Avoid Dilution in R$10 Billion Capital Increase

Brazilian bank Bradesco is offering existing shareholders the chance to subscribe to new shares at a 6% discount, utilizing R$6.5B in advanced JCP payments to avoid dilution.