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Honduras Castro eyes new debt deal with IMF, opposes new taxes

Honduran opposition presidential candidate Xiomara Castro will seek to negotiate a new debt deal with the International Monetary Fund, but opposes raising taxes or creating new ones, according to a senior adviser.

Spain extends voluntary debt write-offs for firms to cope with pandemic

Spain's government on Tuesday approved a six-month extension, until June 2023, for voluntary write-offs of state-backed loans as part of a debt restructuring plan to help companies cope with the COVID-19 pandemic, the Economy Ministry said.

Amigo proposes equity raise under rescue plan, shares plunge

British subprime lender Amigo said on Monday it expects court proceedings over its new rescue plan to take at least four months once submitted, and laid out plans for an equity raise to support the business, dragging its shares nearly 30% lower.

Brazil s Azul confirms LATAM M&A offer, but backs off as valuation too high

Brazilian airline Azul SA confirmed on Monday that it made an offer earlier this month to combine with Chile's LATAM Airlines Group , which is in bankruptcy proceedings, but said it had since decided to focus on its own operations.

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