Credit Blowups in Brazil Are Scuttling Corporate Borrowing Plans
Brazil’s credit flareups are driving up borrowing costs and spooking investors, forcing companies in Latin America’s largest economy to scrap or scale down their plans to tap the debt market.
By Giovanna Bellotti Azevedo, Rachel Gamarski, Cristiane Lucchesi · Bloomberg Markets
Brazil’s credit flareups are driving up borrowing costs and spooking investors, forcing companies in Latin America’s largest economy to scrap or scale down their plans to tap the debt market.