Tuesday, April 26, 2016

Brazil banks brace for fresh wave of loan refinancing deals

By Guillermo Parra-Bernal

SAO PAULO, April 27 (Reuters) - Brazil's largest listed

lenders are facing a deluge of requests from companies to

renegotiate at least 100 billion reais ($28 billion) in

problematic loans, posing headwinds for an industry struggling

with a harsh recession and soaring delinquencies.

Steelmaker Cia Siderúrgica Nacional SA and

engineering conglomerate Grupo Odebrecht SA are among dozens of

firms pressing banks to ease the terms of outstanding loans amid

Brazil's w

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