Brazil Debt Rout Engulfs Another Borrower as Raízen Bonds Plunge 19% in Week

Brazil Debt Rout Engulfs Another Borrower as Raízen Bonds Plunge 19% in Week

Mounting concerns over Brazilian corporate debt have spread to the nation’s largest biofuel producer, triggering a slump in its bonds as investors slash exposure to risky borrowers in Latin America’s biggest economy after being burned by two sudden routs....

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