Reuters: Bankruptcy News: STXNEWS LATAM-S&P downgrades Brazil's Lupatech to "D" after default

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

STXNEWS LATAM-S&P downgrades Brazil's Lupatech to "D" after default Apr 12th 2013, 00:49 Thu Apr 11, 2013 8:49pm EDT Ratings agency Standard & Poor's downgraded Brazilian oil service and engineering company Lupatech SA to "D" from "CCC" on Thursday after the company failed to make a $6.79 million interest payment on $275 million of 9.875 percent perpetual bonds. Lupatech has said it faces cash-flow problems as giant oil projects by Brazil's state-controlled Petroleo Brasileiro SA and other companies have been delayed. (Reuters Messaging: jeb.blount.thomsonreuters.com@reuters.net)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions