|Day's Range||29.27 - 29.97|
|52 Week Range||20.03 - 35.39|
|PE Ratio (TTM)||10.22|
|Earnings Date||Aug 10, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||34.09|
TPI Triunfo Participações & Investimentos SA and a pool of about 20 banks have agreed on terms to restructure 2.113 billion real ($672.6 million) of debt, giving the Brazilian infrastructure firm a lifeline to finalize projects and downsize gradually. The process will take place as an out-of-court workout, in which companies seek a limit on the influence of some creditors in the upcoming rounds of their restructuring, said Andre Bucione, managing director at Alvarez & Marsal Holdings LLC, which advised Triunfo on the process. "Lenders were always satisfied with the company's willingness to discuss how to honor its debt, facilitating an accord that will be beneficial to all parties involved," said an executive at one of Triunfo's creditors, who requested anonymity in discussing terms of the workout.
Banco Macro SA won’t move forward with a final offer to buy Banco Patagonia SA from Banco do Brasil SA after entering into exclusive talks earlier this month, according to two people with knowledge of ...
Rating Action: Moody's downgrades CSN to Caa2; outlook remains negative. Global Credit Research- 17 Jul 2017. New York, July 17, 2017-- Moody's Investors Service has downgraded to Caa2 from Caa1 the foreign ...