Hedge Fund SPX Spearheads Group of Americanas Local Bondholders
- XP Asset, Prada, Moneda, Riza also among members of committee
- Bondholders approved hiring law firm E.Munhoz as legal adviser
This article is for subscribers only.
Brazilian hedge fund manager SPX Capital is among asset management firms taking the lead in a group of local bondholders of troubled retailer Americanas SA organizing for restructuring negotiations.
SPX, XP Asset Management, Riza, Icatu Vanguarda, Prada, Moneda and Exes were appointed as members of the committee that will represent a group of holders of the firm’s domestic debt, according to a document reviewed by Bloomberg. The group also approved hiring law firm E.Munhoz Advogados as its legal adviser, according to minutes from a Feb. 6 meeting.