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Companies Forced to Tap Alternative Funding as Brazil Blocks Tax-Exempt Bonds - Vimarsana News

Companies Forced to Tap Alternative Funding as Brazil Blocks Tax-Exempt Bonds

Some Brazilian corporates will be forced to come up with alternative financing plans after the country restricted the issuance of certain tax-exempt local bonds that have grown increasingly popular with individual investors.

Companies Forced to Tap Alternative Funding as Brazil Blocks Tax-Exempt Bonds - Vimarsana News

Companies Forced to Tap Alternative Funding as Brazil Blocks Tax-Exempt Bonds

(Bloomberg) -- Some Brazilian corporates will be forced to come up with alternative financing plans after the country restricted the issuance of certain tax-exempt local bonds that have grown increasingly popular with individual investors.Most Read from BloombergCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksTesla Asks Which Jobs Are Critical, Stoking Layoff FearsChina Replaces Top Markets Regulator as Xi Tries to End RoutHaley Loses Nevada Primary to ‘None of These Candi

Source: yahoo.com