Bloomberg Brazil’s economic quagmire, with an ever-growing corruption scandal on top of the longest and deepest recession in at least a century, is producing an unprecedented era of corporate debt restructuring in the country. The borrowing binge of Brazilian companies went on during the country’s economic boom earlier this decade has now turned into an albatross as tens of thousands ...

Bloomberg Puente, an Argentine investment bank and brokerage, is looking to expand its international reach with plans for an initial public offering in 2017. The company, which seeks to sell a stake of about 20 percent through the IPO, may consider holding the offering in London or New York, company officials said on Thursday. Puente also announced that Emilio Ilac ...

Bloomberg CPFL Energias Renovaveis SA, Brazil’s biggest renewable-energy generator, will invest 1.5 billion reais ($400 million) in renewable energy this year even as the country is hit by the worst economic crisis in decades. The Sao Paulo-based company will keep growing, organically and through acquisitions, Andre Dorf, CPFL Renovaveis’ president, said by phone from Sao Paulo. “We will invest in ...