[#full_content_feedzy_rewrite]
Related Posts
Brazil’s Sequoia Logistics Fights for Survival: Extrajudicial Recovery Plan Unveiled
Sequoia Logistics (SEQL3), a Brazilian transportation and logistics company, is taking decisive action to address its financial challenges by unveiling an extrajudicial recovery plan. This plan aims to renegotiate R$295 million ($52.7 million) in non-financial debts, following a successful debt restructuring with banks and debenture holders in December 2023. Leopoldo Bruggen, Sequoia’s CFO, outlined the […]
OECD Maintains its Economic Growth Forecast for Brazil
The OECD predicts Brazil’s economy to grow by 1.8% in 2024 and 2% in 2025, showing a slight slowdown from the 3.1% growth in 2023. This forecast suggests Brazil is on a path of cautious recovery, slightly outpacing the IMF’s predictions. Brazil’s growth aligns with global trends, mirroring a 2.9% and 3% estimate, showcasing its […]