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Brazilian Retail Stocks Plunge as Future Rates Rise; Casas Bahia Drops 24%
InfoMoney·BR·about 9 hours ago
Casas Bahia's board approved a new credit line of up to R$250 million from Banco do Brasil, providing liquidity support amid ongoing financial restructuring. The move signals continued bank confidence in the retailer, though the full terms and conditions remain undisclosed. This credit line is part of a broader effort to stabilize operations and manage debt.
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