Rumo SA (RAIL3.SA)
17 Nov 2017
R$ 0.20 (+1.66%)
|Market Cap(Mil.):||R$ --|
* Through agreement, co will implement trip optimizer on Rumo's locomotive fleet that runs on North and Sao Paulo lines
SAO PAULO, Oct 23 Brazil logistics operator Rumo SA expects to get a 3.5 billion reais ($1.09 billion) loan from state bank BNDES in coming days, its Chief Executive Julio Fontana said at a press conference on Monday.
SAO PAULO Brazilian soy trader Seara Industria has offered logistics assets to creditors including U.S. trader Bunge Ltd and U.S. agricultural cooperative CHS Inc in a bid to resolve bankruptcy proceedings, according to two people involved in the matter.
SAO PAULO, Sept 25 Brazilian logistics operator Rumo SA has hired five banks to help underwrite an upcoming share sale, according to a securities filing late on Sunday.
SAO PAULO, Sept 22 Rumo SA plans to sell as much as 2.63 billion reais ($829 million) in new shares as the Brazilian transportation and logistics company aims to reduce a heavy debt burden.