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Reports that a wider variety of Brazilian companies are now issuing commercial paper in preparation for longer-term issues. Growth of investor confidence in the Brazilian economy; Companies' aim to keep their name recognition strong and to be very active in the market.

Reports on the amount of funds raised through the issuance of commercial papers by the telecommunication firm Telepar in Brazil. Use of the proceeds during the acquisition of the wire line telecommunication company Companhia Riograndense de Telecomunicacoes; Number of interested institutional investors; Terms of the deal.

Focuses on Brazil-based electricity companies' foray into the capital markets. Commercial paper issue of Companhia Energetica de Sao Paulo; Bond plans of Centrals Electricas Brasileiras and Companhia Energetica de Minas Gerais; External debt burdens of the country's electricity suppliers.

Reports that due to the condition of markets in Brazil, companies with commercial paper obligations maturing within October 1998, will experience difficulty settling their debt on international market. How the external debt obligations of the companies are expected to be financed; Comments from a Brazilian source; Reference to the situation of the Abril publishing company, which has a $100 million external debt.

Reports on Brazil-based Aracruz Celulose SA's plans for a $200 million export receivables deal to the United States in 1997. Aracruz's private $120 million deal via Merrill Lynch; Strength of the Brazilian wood pulp industry in active asset-backed issue sources; Aracruz's plans for a big expansion in the fourth quarter of 1997.

Focuses on the entry of several Brazilian electricity utilities in the capital market. Issue on commercial paper of the electricity companies; Assessment of investors on the companies; Company debt burdens; Difficulties in attracting investors.

The article reports that HSBC Bank Brasil SA will be launching a $200 million, 10-year bond backed by diversified payment rights (DPR), the asset class linked to electronic money flows. DPR offers a way for local banks to secure longer-term funding and attract investors of higher-grade paper. In 2005, HSBC Brasil achieved nearly $18 billion in DPR, with a sharp upswing from February to August.

Presents news about the emerging markets of Brazil and Argentina as of September 1999. Reasons cited for Brazil's smaller-than-expected euro-denominated bond sale; Controversy surrounding Argentinean issuer Banco Hipotecario Nacional's mortgage-backed securities deal.

Speculates that the Brazilian corporate sector is under pressure as a result of poor high yield market conditions. Decrease in trading of Brazilian government bonds; Effects of the Asian financial crisis on the corporate sector's performance; Information on Constran, a Brazilian company.

The article reports that holders of export-backed notes, Companhia Vale do Rio Doce SA has made a roughly $17.6 billion bid for Inco. Ltd. in Brazil. The bid has prompted rating agencies Moody's Investors Service and Standard & Poor's to reevaluate the strength of the structured paper issued in 2000 and 2003.

The article reports that Brazilian pulp producer Aracruz Celulose is aiming to buy back up to $537 million in outstanding secured export notes issued by its securitization vehicle Arcel Finance. While the tender is in cash, the firm plans to issue unsecured 10-year bonds that might entice some of the holders of the unwrapped securitized notes.

Reports on International Finance Corp.'s involvement in a securitization deal for Brazil-based Unibanco Holdings SA. Size of the deal; Structure of the transaction; Rating of the Unibanco deal.

Reports on the cross-border bond issued in May 2003 by Brazilian firm Petrobras which is backed by receivables from the export sales of heavy fuel oil and bunker oil. Yield rate; Oversubscription of the deal; Management of the deal by Citibank and Banco Bilbao Vizcaya Argentaria.

Reports that Samarco Mineracao SA is preparing to swap its funds in seven-year asset-backed bonds in Brazil. Amount of the deal.

Reports on developments concerning Brazilian pulp and paper company Aracruz Celulose SA's asset-backed securitization deal. Decision not to issue a deal rated below triple-A; Structure of the Aracruz deal.

The article discusses the financial condition of the banking industry in Brazil. It mentions that the banks including Banco do Brasil (BdB) SA, Unibanco SA and Banco Santander SA Brazilian units have tapped their diversified payment rights (DPRs) wherein the banks have issued over $500 placement in DPR deals. It stresses that the DPR flows of Brazilian banks are sensitive to economic performance of the country and its trading partners and to the inward foreign direct investments.

The article reports that volatile market conditions has stimulated Brazilian banks back to structured finance in 2008. These banks include Banco do Brazil (BdB), Unibanco and Banco Santander SA which tapped their diversified payment rights (DPRs). These come on top of the DPR deals that BdB and Banco Bradesco executed in March. It has viewed that DPR flows of these banks are sensitive to the economic performance of the nation and to the variations of inward foreign direct investment.

Reports on activity in the asset-backed securitization market in Brazil, as of August 4, 2003. Major issuers; Structures of deals; Transactions in various sectors.

Reports on the offer of securities by the Brazilian petroleum company, Petrobras SA. Financial performance of the company for the year 2003; Issuance of non-securitized dollar issues; Potentials for state intervention within the government-controlled company.

Reports on Aracruz Celulose SA's expected re-opening of the Brazilian securitization market in 1999. Estimated worth of the transaction; Structure of the deal; Aracruz's plans in tapping new investors.

Reports on the impact of Brazil's fiscal adjustment plan on investors in the emerging market debts. Preoccupation of Brazilian corporates with buying dollars from the Central Bank; Content of the fiscal package.

The article focuses on a paper by Moody's Investors Service Inc. which predicts that the overall issuance of residential mortgage-backed security (RBMS) in Latin America will decline in 2009. Moody's Investors Service envisioned that the impact of the inability of banks and companies to attract financing terms is turning to future flow transactions by issuers. Decrease in issuance in Brazil is projected, with a recovery later on due to efforts of investors in seeking products with longer terms.

The article examines the direction of local currency bonds in emerging markets, particularly Brazil, which have attracted a group of investors. In Brazil, bondholders reached the highest value against the dollar, gaining 74 percent since the tenure of President Luiz Inacio de Silva in January 2003. A high-quality bond in Brazil delivers double-digit returns in local currency, reflecting higher inflation.

The article offers information related to politics in Brazil. The October 1, 2006 presidential election did not touch the domestic structured finance arena which led to a run-off ballot on October 29, 2006 between Luiz Inacio Lula da Silva, and Geraldo Alckmin. The structures and automated library backup solution participants have been disturbed by political noise in Brazil. The Union National Federal Deposit Insurance Corp. is expected to launch its business in the country.

Reports on the preparation of oil producer Petroleos Brasileiros to finance local buildings through a structure typically used by Brazilian construction companies in Brazil. Agreement of Santander Investment to purchase the offering in its entirety; Establishment of the fund called Fundo de Investimento Imobiliario RB Logistica; Leasing agreement of the fund with Petrobas.

The article reports that Voto-Votorantim Overseas Trading Operations IV--a special purpose company wholly owned by Votorantim Participacoes--floated a $400 million, 15-year bond backed by a letter of credit from Credit Suisse First Boston Corp., which also was the sole lead. Votorantim Participacoes is the holding company of the Votorantim Group, a Brazilian conglomerate with financial and industrial interests that extend into cement, metals, banking, pulp and paper, and chemicals, among other businesses. The deal is understood to be the longest dated bond ever placed by the group abroad.

Reports on the growth of the Brazilian receivables investment funds market. Issuance by BMG FIDC Creditos Consignados IV, Martins and Banco Triangulo and Votorantim Celulosa y Papel; Credit ratings.

Focuses on the popularity of receivables investment funds among government employees in the asset-backed securities market in Brazil. Deals backed by personal loans for government employees; Maturity of the deals; Agreement between banks and government entities.

Focuses on the negotiation of a tuition receivables deal by Brazil-based Unitas for UniverCidade. Value of the deal; Maturity of the loan; Similarity of the transaction to a debenture investment tool.

Announces asset-backed securities revolving deal set up by Ideal Invest in Brazil, backed by tuition receivables. Schools who have borrowed from the structure.

Focuses on the first deal closed by Brazil-based private equity firm Altere Securitizadora using an entrenched financial vehicle for construction company Grupo Walter Torre. Value of the transaction.

Reports on Brazilian bank, Unibanco's issuance of a deal backed by diversified payment rights (DPR). Total cost of the deal; Counsel and adviser for the deal; Rating of the deal.

Reports on Banco do Brasil's privately-placed securitization in the first quarter of 2003. Size of deal; Maturity; Possible involvement of Merrill Lynch and Dewy Ballantine; Impact of the deal on Brazilian securitization business.

Reports on Santander BanCorp's issuance of a domestic real estate receivable agreement linked to food company Nestle Corp. in Brazil. Structure and value of the transaction; Projected response of the investment market to the issuance.

Reports on the bonds issued by Brazil's Banco Brascan in early May 2000. Worth of the bond issue; Buyers of the bonds.

Focuses on the performance of asset-backed securitization in the third quarter of 2003. Improvement of the performance of nine Brazil-based issuers in the cross-border market; Total amount placed in asset-backed securitization; Increase in the number of foreign investors to Brazil; Growth of Mexico's domestic structured market; Increase of transactions in Argentina.

Reports that Brazil-based banking company Banco Itau SA is expected to issue eurobonds in May 1999.

Reports on the destabilizing impact of the arrest of former Brazil Central Bank president Francisco Lopes on the country's bond market. Investigation of illegal activities of the central bank; Comments from market observers.

The article focuses on the regulations in Brazil that encourage banks to expand mezzanine tranches into their securitizations through Federal Insurance Deposit Corp. (FDIC). According to Moody's Investors Service Inc., the rules passed by Securities and Exchange Commission of Brazil on securitizations retention and risk transfer does not clarify maximum amount for equity tranches. It mentions that Moody's predicts that mezzanine tranches will be riskier.

The article focuses on the risks and opportunities in mortgage business in Brazil and Mexico in 2011. It states that Central Bank in Brazil is finding ways and means to resolve business losses in the domestic securitization industry because of global economic crisis. Greg Kabance, managing director of Fitch Ratings Ltd., stated that delinquency levels for payroll deducted consumer loans and vehicle loans were decreasing due to financial crisis in 2008.

The Public Company Accounting Oversight Board has disciplined the former chief executive officer and chairman of Deloitte's Brazil firm for failing to cooperate with a PCAOB investigation. [ABSTRACT FROM AUTHOR]

The Public Company Accounting Oversight Board has disciplined the former chief executive officer and chairman of Deloitte's Brazil firm for failing to cooperate with a PCAOB investigation. [ABSTRACT FROM AUTHOR]

The article reports that a deal collateralizing deductible personal loans has been filed with Brazilian regulators. It relates that Banco Finasa Brazil-Malvinas Confluence (BMC), the originator of the said transaction, registered the deal as one-off and not a shelf as a source close to the deal claimed. In addition, backing the transactions are loans that BMC grants to retirees and pensioners receiving social security payments from the government.

Reports on the increased interest of U.S. real estate investors in exploring the Brazilian market. Amount of fund paid by Equity International for a stake in Gafisa, a Brazilian homebuilder; Reason for the unattractiveness of real estate receivable certificates, a type of debt financing; Financial issues facing the Brazilian real state market.

Reports that Brazilian clothing label Zoomp is ready to go into the capital market through a receivable investment fund (FIDC), the vehicle of choice for non-real estate issuers. Total amount of the FIDC to be launched by the end of the month; Banco Votorantim as the fund manager; Banco Itau as the custodian and payment agent; National-scale rating.

This article reports that Brazil is abuzz with talk of first time issuers, as a number of ABS greenhorns either award mandates, send out RFPs or thoughtfully consider unsolicited pitches. These potential deals also carry the promise of new asset classes, a welcome change for those thirsty for more diversification. In a sure sign that the market will keep branching out, Brazilian investors are more receptive than ever to receivable investment funds (FIDCs), the vehicle of choice for local ABS. Some of these investors may have already bitten into a $21.4 million FIDC recently issued by manufacturer FICAP.

Reports on the controversy over Brazilian state bank, Caixa Economica Federal's plan to securitize mortgages to low-income borrowers. Caixa's interest on the receivables investment fund (FIC); National Securities Commission's passing of a rule allowing retail investors to directly and indirectly purchase funds backed by mortgages to low-income borrowers; Bankers' criticism against allowing retail investors into Caixa's funds.

Reports on rumors that American International Group (AIG) provided a cross-currency and interest swap to a yen transaction for Brazil-based Unibanco. Underwriting of the ¥25 billion bond by Nomura Securities; Backing of the bond by dollar-denominated and diversified payment rights.

Points out that credit-card deal Visanet appears to have broken loose as lead arranger Merrill Lynch went on roadshow with a private placement for the company. Size of the initial deal; Potential volume of the program; Exclusive processor of Visa credit and debit card vouchers in Brazil.

Focuses on the performance of the securitization industry in Brazil. Definition of the landscape of local securitization; Factors affecting the currency, interest rates and government bonds; Non-existence of trade in local securitization.