Investors have begun receiving
payment on Venezuelan state oil company Petróleos de Venezuela
SA's 2020 bond, two bondholders said on Tuesday, even
though the company remains in default on most of its outstanding
debt during a hyperinflationary economic crisis.
Brazil's largest private
lender, Itaú Unibanco Holding SA, may pursue loans
with a higher risk of defaults in the near future as a way to
accelerate loan-book growth, Chief Executive Candido Bracher
said on Tuesday.
Bunge Ltd is finalizing agreements
with activist investors D.E. Shaw and Co and Continental Grain
Co to add four directors to its board and set up a committee to
explore a sale, the Wall Street Journal reported https://www.wsj.com/articles/bunge-nears-settlement-agreements-with-activists-1540913021,
citing people familiar with the matter.
Investors have started to
receive payment of interest and principal on Venezuelan state
oil company PDVSA's 2020 bond, two bondholders said on Tuesday.
(Reporting by Corina Pons, writing by Brian Ellsworth
Editing by Chizu Nomiyama)