Brazil’s Andrade chips away at looming maturity

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Brazil’s Andrade chips away at looming maturity

Oliver West
November 23, 2017 03:45 am
Andrade Gutierrez, Lava Jato, Porto Alegre, Football, stadium, Brazil, LatAm
View of the Beira-Rio stadium in Porto Alegre, southern Brazil, on December7, 2011. The President of the International, Geovane Luigi, gave an interview accompanied by directors of construction company Andrade Gutierrez to talk about the acceptance of the draft partnership agreement with the company for the reform of the stadium, which will be used in the 2014 World Cup. | WESLEY SANTOS/DPA/Press Association Images

Brazilian engineering group Andrade Gutierrez has begun to reduce a looming bond maturity, which is concerning rating agencies, with a tender offer to be funded by cash.

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Oliver West
US Bureau Chief - Latin America Editor
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