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Tag: Speculative-grade Latin American corporates

New Brazilian Bankruptcy Law Is Risk to Corporate Recoveries, Says Fitch Ratings

The Rio Times Staff -
RIO DE JANEJRO, BRAZIL - Brazil’s new bankruptcy law could lower recovery prospects for the debt of speculative-grade Latin American corporates and incentivize distressed issuers to negotiate pre-packaged arrangements in lieu of in-court restructurings, says Fitch Ratings. The method of...
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