A briga para receber R$ 1 bilhão da empreiteira Odebrecht

The Fight to Receive R$ 1 Billion from Construction Company Odebrecht

Written by Paulo Nogueira

Published on 24/10/2019 at 10:49

Updated on 24/10/2019 at 10:53

Be the first to react!

Foreign Funds Compete to Receive Billion-Dollar Fund from Brazilian Construction Company Odebrecht, Which Fell Under Corruption Scandal in 2017.

A sugar-alcohol agreement from Odebrecht has been delayed by the Lone Star and Castlelake funds. The foreign funds expect to receive, before other creditors of Athos, credits estimated at R$ 1 billion. Odebrecht had bankruptcy requested by Caixa in court this October.

The company’s sugar-alcohol agreement is estimated to make a full payment of approximately R$ 8 billion and includes other banking creditors, including BB and BNDES.

ARTICLE CONTINUES BELOW

Abu Dhabi Fund Negotiates Alcohol Plant Atvos

Mubadala is in talks to acquire Atvos, Odebrecht’s sugar and alcohol unit, in a transaction that could result in a capital injection into the company, according to people familiar with the matter.

The sovereign fund of Abu Dhabi is negotiating with creditor banks, including Banco do Brasil and BNDES, which together made loans of R$ 11 billion to Atvos, the people said, asking not to be identified as the talks are not public.

Mubadala declined to comment. Atvos also did not comment. Atvos, which requested judicial recovery on May 29, presented a restructuring plan to creditors on August 7.

Odebrecht: Former Partner in Diamond Mining

The Catoca Mining Society, which is responsible for extracting over 75% of Angolan diamonds, previously had shareholders from four nations – Angola, Russia, China, and Brazil.

The Brazilian stake (16.4%) in the Catoca Mining Society was sold to Russian and Angolan parties. The chairman of the Board of Directors of Endiama still laments the Brazilian exit from the diamond mining partnership but remains open to new partnerships with Brazil, the first country to recognize Angola after its independence.

The Fight to Receive R$ 1 Billion from Construction Company Odebrecht

Foreign Funds Compete to Receive Billion-Dollar Fund from Brazilian Construction Company Odebrecht, Which Fell Under Corruption Scandal in 2017.

Abu Dhabi Fund Negotiates Alcohol Plant Atvos

Odebrecht: Former Partner in Diamond Mining

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

American autonomous cars start honking at each other at 4 AM, wake up residents in San Francisco, and turn parking into a symbol of robotaxi chaos

Hungarian mothers began confronting electric car battery factories over fears of contaminated water and industrial waste, saying the green industry was poisoning the neighborhood.

NASA finds “interstellar glaciers” larger than entire solar systems within the Milky Way: SPHEREx telescope maps frozen water, CO₂, and carbon monoxide in dust clouds spanning hundreds of light-years

A new airport will be built with an investment of R$ 1.8 billion, will have a 3.5 km runway, a 35,000 m² terminal, and will occupy a gigantic area of 30,000 hectares to transform logistics, tourism, and air transport in Gabon.

The Fight to Receive R$ 1 Billion from Construction Company Odebrecht

Foreign Funds Compete to Receive Billion-Dollar Fund from Brazilian Construction Company Odebrecht, Which Fell Under Corruption Scandal in 2017.

Abu Dhabi Fund Negotiates Alcohol Plant Atvos

Odebrecht: Former Partner in Diamond Mining

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

Hungarian mothers began confronting electric car battery factories over fears of contaminated water and industrial waste, saying the green industry was poisoning the neighborhood.

Brazilian city of the tilted buildings is being “taken over” by the sea and will have a park as a natural barrier on the sand to contain erosion, storm surges, and climate impacts after the water’s advance reached stretches of the Santos waterfront.

City that lost entire beaches bets on “living speed bumps” at the bottom of the ocean: US$1.8 million project uses artificial reef and promontories to slow down waves, retain sand, and try to reverse decades of erosion in California

Brooms are becoming a thing of the past: new technology with a cordless vacuum cleaner featuring up to 60 minutes of run time, 3x more powerful suction, and anti-mite filters promises to eliminate up to 99% of dust and revolutionize cleaning in 2026.

BYD slashes price by R$ 25,000 in Brazil and threatens the Corolla’s reign by offering advanced hybrid technology at an aggressive price in the mid-size sedan market.

American autonomous cars start honking at each other at 4 AM, wake up residents in San Francisco, and turn parking into a symbol of robotaxi chaos

Hungarian mothers began confronting electric car battery factories over fears of contaminated water and industrial waste, saying the green industry was poisoning the neighborhood.

NASA finds “interstellar glaciers” larger than entire solar systems within the Milky Way: SPHEREx telescope maps frozen water, CO₂, and carbon monoxide in dust clouds spanning hundreds of light-years

A new airport will be built with an investment of R$ 1.8 billion, will have a 3.5 km runway, a 35,000 m² terminal, and will occupy a gigantic area of 30,000 hectares to transform logistics, tourism, and air transport in Gabon.