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7.4
Brazil corporate debt wall: R$1.48T maturities to 2030 raise restructuring risk
Valor Econômico·BR·3 days ago
A surge in Brazilian debt issuances (debêntures, CRAs, CRIs) between 2023-2025 has enabled large companies to hire at above-average rates, while SMEs reliant on bank credit saw stagnant hiring. The divergence highlights a structural financing advantage for large firms, with potential implications for labor-market inequality and productivity.