Posted by Isabella on 4:24 PM
Reuters: Bankruptcy News | Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com | |
Brazil's Cruzeiro do Sul plans bond buyback at a discount Aug 14th 2012, 22:16 SAO PAULO | Tue Aug 14, 2012 6:16pm EDT SAO PAULO Aug 14 (Reuters) - Brazilian mid-sized lender Banco Cruzeiro do Sul launched on Tuesday a global bond repurchase plan that might pay investors for their holdings at a discount, according to a statement. The bank will receive tenders from investors until Sept. 12, the statement said. Cruzeiro do Sul was seized by Brazil's central bank on June 4 and put under the administration of privately held deposit guarantee fund FGC the same day. | |
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