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BANCO CRUZEIRO: Moody's Rates New Short Term Note Program at Ba1
Moody's Investors Service assigned long and short-term foreign currency ratings of Ba1 and not prime, respectively, to Banco Cruzeiro do Sul S.A.'s new US$1,000,000,000 Short Term Note Program. At the same time, Moody's assigned a Ba1 rating to the...
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BANCO CRUZEIRO: Sells US$110 Million Two-Year Bonds
Business News Americas reports that Banco Cruzeiro do Sul SA has sold US$110 million of two-year bonds, which are part of a US$1 billion short-term note program...
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BANCO GMAC: Moody's Affirms B1 Global Currency Deposit Ratings
Moody's Investors Service has affirmed the ratings assigned to Banco GMAC S.A:...
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BRASIL TELECOM: Telemar to Buy Invitel SA for US$3.5 Billion
Invitel SA, Brasil Telecom Participacoes SA's parent company, is selling all of its shares to Telemar Participacoes SA for US$3.5 billion or BRL5.86 billion, various reports say...
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CASH PLUS: Has US$15 Million Unclaimed Deposits, Report Says
Cash Plus Limited has at least US$15 million in unclaimed deposits, Caribbean Business Report says, citing sources...
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COSAN SA: ExxonMobil Deal Cues Moody's Rating Review
Moody's Investors Service has placed the Ba2 local currency corporate family rating and foreign currency senior unsecured rating, as well as the A1.br Brazilian national scale corporate family rating of Cosan S.A. Industria e Comercio on review for...
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NAT'L COMMERCIAL: Court to Rule on Olint Account Closure
The Jamaica Observer reports that Court of Appeal Judge Karl Harrison reserved judgment on Wednesday for the case on whether the National Commercial Bank Jamaica Limited be allowed to close Olint Limited's account...
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R&G FINANCIAL: Board Suspends Preferred Stock Dividend Payments
R&G Financial Corporation Board of Directors voted to suspend dividends on the company's preferred stock and defer interest payments on its trust preferred securities, as permitted by the terms of these securities. The Board believes that it is prudent...
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