Azul Raises R$ 1.66B in Share Offering, Takes Key Step in Financial Restructuring

Azul Raises R$ 1.66B in Share Offering, Takes Key Step in Financial Restructuring

Azul Linhas Aéreas, Brazil’s largest airline by departures and destinations, has raised R$ 1.66 billion ($291 million) through a primary public offering of preferred shares. The company’s board approved the issuance of 464.1 million new shares at R$ 3.58 each, bringing total share capital to R$ 7.13 billion ($1.25 billion). The offering, finalized on April […]

V.tal offers debentures, Azul prices follow-on - LatinFinance

Brazilian fiber optic company plans to raise up to $540 mln in local bond market, while airline continues restructuring effort The post V.tal offers debentures, Azul prices follow-on appeared first on LatinFinance.

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The Ministry of Industry has so far validated 150 financial restructuring programmes within the framework of the "Ligne d'encouragement à la réstructuration financière des petit et moyens entreprises (SME)" (Ligne d'encouragement à la réstructuration financière des petit et moyennes) (SME), with 332 million dinars committed by the State to help these structures overcome their financial difficulties and preserve jobs. This is reflected in the mee…