Brazilian construction firm asks for breathing room

Oliver West

July 24, 2018 12:30 pm

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

Engineering and construction company Andrade Gutierrez, one of the largest contractors in Latin America, is asking bondholders to push out a 2018 bond maturity that it failed to pay on April 30.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

Americas LatAm Bonds Emerging Markets Brazil LatAm Latin America

OW

Oliver West

US Bureau Chief - Latin America Editor