Titoli di Stato paesi-emergenti Obbligazioni Brasile e Petrobras

[tommy271]

O presidente da TIM, Rodrigo Abreu, reiterou nesta quarta-feira que a operadora analisará oportunidades de consolidação caso estas surjam no mercado, mas negou que haja negociações em andamento para uma fusão com a Oi.



TIM avaliará oportunidades de consolidação, mas não negocia atualmente com Oi, diz presidente | Negócios | Reuters

 

[skarlatti]

Moodys ha downgradato petrobras...

Moodys ha downgradato petrobras...
Moody's Investors Service ("Moody's") downgraded all ratings for Petroleo Brasileiro S.A. ("Petrobras") (NYSE: PBR) and ratings based on Petrobras' guarantee, including the company's senior unsecured debt rating, to Ba3 from Ba2. Simultaneously, Moody's placed the ratings on review for possible further downgrade. The company's baseline credit assessment (BCA) was lowered to b3 from b2. The rating and outlook for the unguaranteed ratings of Petrobras Argentina are unchanged, including the (P)B2 senior unsecured, positive.

These rating actions reflect Petrobras' elevated refinancing risks in the face of deteriorating industry conditions that make it more difficult to raise cash through asset sales; tighter financing conditions for companies in Brazil and in the oil industry, coupled with the magnitude of eventual needs to finance debt maturities; as well as the company's negative free cash flow. The rating actions also considered Moody's December 9th, 2015 decision to place Brazil's government Baa3 bond rating under review for possible downgrade. For more information, please see "Moody's places Brazil's Baa3 issuer and bond ratings on review for downgrade" available at moodys.com.

Ratings downgraded and placed under review:

Downgrades:

..Issuer: Petroleo Brasileiro S.A. - PETROBRAS

.... Corporate Family Rating, Downgraded to Ba3 from Ba2; Placed Under Review for further Downgrade

....Preferred Shelf, Downgraded to (P)B3 from (P)B2; Placed Under Review for further Downgrade

....Subordinate Shelf, Downgraded to (P)B1 from (P)Ba3; Placed Under Review for further Downgrade

....Senior Secured Shelf, Downgraded to (P)Ba3 from (P)Ba2; Placed Under Review for further Downgrade

....Senior UnsecuredShelf, Downgraded to (P)Ba3 from (P)Ba2; Placed Under Review for further Downgrade

..Issuer: Petrobras Global Finance B.V.

....Backed Senior Unsecured Regular Bond/Debenture, Downgraded to Ba3 from Ba2; Placed Under Review for further Downgrade

..Issuer: Petrobras International Finance Company

....Backed Subordinate Shelf, Downgraded to (P)B1 from (P)Ba3; Placed Under Review for further Downgrade

....Backed Senior Secured Shelf, Downgraded to (P)Ba2 from (P)Ba1; Placed Under Review for further Downgrade

....Backed Senior Unsecured Shelf, Downgraded to (P)Ba3 from (P)Ba2; Placed Under Review for further Downgrade

....Backed Senior Unsecured Regular Bond/Debenture, Downgraded to Ba3 from Ba2; Placed Under Review for further Downgrade

Outlook Actions:

..Issuer: Petroleo Brasileiro S.A. - PETROBRAS

....Outlook, Changed To Rating Under Review From Stable

..Issuer: Petrobras Global Finance B.V.

....Outlook, Changed To Rating Under Review From Stable

..Issuer: Petrobras International Finance Company

....Outlook, Changed To Rating Under Review From Stable

 

[skarlatti]

Forse lo fara anche coi tds brazil...


December 9, 2015

By Bruno Federowski and Brad Haynes

SAO PAULO (Reuters) – Moody’s Investors Service put Brazil’s credit rating on review on Wednesday for a possible downgrade to junk status due to a severe economic recession, failed austerity efforts and rising risks of political paralysis.

If Moody’s follows through with a downgrade in the usual three-month review period, it would be the second ratings agency to strip Brazil of its investment-grade status, following a cut by Standard & Poor’s in September.

Fitch ratings also cut Brazil’s rating to the brink of junk in October and left it with a negative outlook as government finances deteriorated in a deepening recession.

A second downgrade to junk is likely to trigger capital outflows because many foreign pension funds and other large investors are required to unload bonds once two separate agencies rate them as speculative grade.

A Moody’s downgrade could drive some $1.6 billion of investments out of the Brazilian market, estimated Barclays economist Bruno Rovai.

The Brazilian real <BRBY> plunged to a record low in September after the S&P downgrade to junk, but the currency rebounded more recently as fears of sudden capital flight eased.

“The impact is negative because of the obligatory adjustment among funds, but … a good part of that foreign adjustment has been made by markets,” said Juliano Ferreira, a strategist with the Icap brokerage in Sao Paulo.

“The volume of dollars that could leave the country due to a downgrade isn’t what it would have been in the past,” he added.

Moody’s said it had taken the decision due to “rapidly and materially deteriorating macroeconomic and fiscal trends and diminished likelihood of trend reversal in the next 2-3 years.”

Economic data last week showed Brazil’s economy contracted 4.5 percent in the third quarter from a year earlier, confirming the worst recession in 25 years as investment plunged and inflation jumped above 10 percent per year.

Moody’s said it also based its decision on “worsening governability conditions and increased risk of policy paralysis,” after Congress opened impeachment proceedings against President Dilma Rousseff, who has struggled to pass an unpopular austerity package.

(Reporting by Brad Haynes and Bruno Federowski; Editing by Sandra Maler)

 

[tommy271]

A presidente Dilma Rousseff e o vice-presidente Michel Temer alinharam o discurso público nesta quarta-feira ao prometerem após reunião que durou cerca de 45 minutos, que terão uma "relação pessoal e institucional" produtiva.



Com poucas diferenças de palavras, o relato da reunião, feito por Temer em uma frase dita a jornalistas e por Dilma em nota, vem depois de uma série de polêmicas públicas entre ambos, que teve seu ápice no vazamento de uma carta de Temer à presidente na segunda-feira. Na missiva, Temer reclama da falta de confiança do governo nele e no PMDB, partido que preside.






Dilma e Temer prometem relação pessoal e institucional produtiva | Manchetes | Reuters

 

[tommy271]

A defesa do banqueiro André Esteves, ex-controlador e ex-presidente do BTG Pactual, pediu nesta quarta-feira ao Supremo Tribunal Federal (STF) a revogação da prisão preventiva do executivo, informou a assessoria do banco de investimentos.


Defesa de André Esteves pede ao STF revogação de prisão | Brasil | Reuters

 

[tommy271]

Petrobras demite 17 funcionários em 9 meses por sanções disciplinares | Brasil | Reuters

 

[tommy271]

O Credit Suisse e o Julius Baer estão entre alguns bancos interessados na compra da unidade de private banking do BTG Pactual na Suíça, BSI, buscando descontos de preço, disseram fontes com conhecimento direto do assunto nesta quarta-feira.


EXCLUSIVO- Credit Suisse e Julius Baer têm interesse em unidade suíça do BTG Pactual, dizem fontes | Negócios | Reuters

 

[tommy271]

Estrategistas do Bank of America Merrill Lynch estimam o Ibovespa em 54 mil pontos no fim do próximo ano, de acordo com cenário base, em que veem a recessão se intensificando e se estendendo por mais tempo, sem sinais de retomada da atividade até o fim de 2016.


BofA ML vê Ibovespa a 54 mil pts no fim de 2016 em cenário base | Negócios | Reuters

 

[tommy271]

A Bovespa fechou com o seu principal índice em alta de quase 4 por cento nesta quarta-feira, após três pregões de perdas, em movimento guiado pelas ações da Petrobras e do setor financeiro, com a política no pano de fundo.


O Ibovespa subiu 3,75 por cento, a 46.108 pontos. Nos três pregões anteriores, o índice acumulou queda de 4,2 por cento. O volume financeiro somou 7,78 bilhões de reais.




Bovespa sobe 3,75% impulsionada por Petrobras e bancos, com quadro político no radar | Negócios | Reuters

 

[tommy271]

O dólar fechou em queda quase 2 por cento sobre o real nesta quarta-feira, com investidores recebendo bem a rejeição da chapa governista na eleição dos membros da comissão especial da Câmara dos Deputados que analisará o impeachment contra a presidente Dilma Rousseff.


O bom humor permaneceu mesmo depois de o ministro do Supremo Tribunal Federal (STF) Edson Fachin suspender temporariamente a formação da comissão. Forte entrada de investidores estrangeiros no mercado, no início da tarde, ajudou a ampliar o movimento de queda.


O dólar recuou 1,92 por cento, a 3,7370 reais na venda, após atingir 3,7168 reais na mínima da sessão.



Dólar cai quase 2% sobre o real com política local e entrada de estrangeiros | Negócios | Reuters