April 21, 2008  
ALERIS INT'L: S&P Puts Ratings on Watch Neg. on Weak End Markets
Standard & Poor's Ratings Services placed its ratings for Aleris 
International Inc., including the 'B+' corporate credit rating, 
on CreditWatch with negative implications...
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BRASIL TELECOM: Tele Norte Gets BRL16 Bil. Loan to Acquire Bank
Tele Norte Leste Participacoes SA has secured a BRL16 billion 
bridge loan from Brazilian banks to cover its proposed 
acquisition of  Brasil Telecom Participacoes SA, sources told 
financial daily Valor Economico...
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CA LA ELECTRICIDAD: Restructures Corporate Debt
Venezuelan news agency Agencia Bolivariana de Noticias reports 
that C.A. La Electricidad de Caracas has restructured its 
corporate debt to save money and boost investment in new 
projects...
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CASH PLUS: Court Denies Carlos Hill's Request for Bail
Radio Jamaica reports that the Half way Tree Criminal Court 
denied the request for bail by the defense attorneys for Cash 
Plus Limited's President Carlos Hill...
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PETROLEOS DE VENEZUELA: Gov't Inks Three Oil Supply Contracts
The Venezuelan government, which runs Petroleos de Venezuela SA, 
has signed three contracts for monthly supply of 1.48 million 
barrels of oil to Bolivia, Nicaragua, and Haiti, Prensa Latina 
reports...
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PILGRIM'S PRIDE: Moody's Places Ratings for Likely Downgrade
Moody's Investors Service has placed under review for possible 
downgrade the ratings of Pilgrim's Pride Corporation, including 
the company's Ba3 corporate family rating....
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SARE HOLDING: Moody's Puts Ba3 Global Rating to Proposed Notes
Moody's de Mexico has assigned an A3.mx national scale rating, 
and a Ba3 global scale local currency issuer rating, to the 
proposed senior unsecured notes of Sare Holding, S.A.B. de C.V.  
Moody's also affirmed the company's A3.mx/Ba3 national scale...
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TELE NORTE: Gets BRL16 Bil. Loan for Brasil Telecom Acquisition
Tele Norte Leste Participacoes SA has secured a BRL16 billion 
bridge loan from Brazilian banks to cover its proposed 
acquisition of  Brasil Telecom Participacoes SA, sources told 
financial daily Valor Economico...
Read More
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