Company intelligence
EM Spreads
An independent credit research service specializing in Latin American issuers.
About EM Spreads
Independent Credit Research for Emerging Markets At EM Spreads, we are dedicated to providing top-tier credit research with a specialized focus on high-yield and investment-grade Emerging Markets, particularly in Latin America. Our mission is to deliver actionable insights that empower investors to make informed decisions and confidently navigate the complexities of Latin American debt markets.
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Signals from EM Spreads
8 published signals
Research & Knowledge
EM Spreads maintains its Neutral recommendation on Simpar (Ba3/BB-/BB-), different from its 1Q26 recommendation.
Reported by EM Spreads
Research & Knowledge
EM Spreads maintains its Neutral recommendation on Simpar (Ba3/BB-/BB-), different from its 1Q26 recommendation.
Reported by Leandro Gubler
Capital & Finance
EM Spreads reported gross leverage increased to 5.0x and net leverage to 3.6x as LTM EBITDA weakened, while the July closing of Arbex adds near-term balance-sheet pressure.
Reported by EM Spreads
Capital & Finance
EM Spreads reported free operating cash flow of R$1.87bn, net debt declined by R$2.02bn, and management prioritized deleveraging over additional buybacks and discretionary investments.
Reported by EM Spreads
Capital & Finance
EM Spreads maintains a Neutral recommendation on Suzano (Baa3/BBB-/BBB-) at the issuer level while retaining a bond-level Overweight in select parts of the curve.
Reported by EM Spreads
Capital & Finance
EM Spreads reported gross leverage increased to 5.0x and net leverage to 3.6x as LTM EBITDA weakened, while the July closing of Arbex adds near-term balance-sheet pressure.
Reported by Leandro Gubler
Capital & Finance
EM Spreads reported free operating cash flow of R$1.87bn, net debt declined by R$2.02bn, and management prioritized deleveraging over additional buybacks and discretionary investments.
Reported by Leandro Gubler
Capital & Finance
EM Spreads maintains its Neutral recommendation on Suzano at the issuer level while retaining a bond-level Overweight in select parts of the curve.
Reported by Leandro Gubler