Halister News

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.

• To get this story sent to your inbox real-time, run NI INRATINGS, click on Display & Edit, then Set Alert Delivery

UPGRADES

• DCM Shriram
  • Term loans raised to AA from AA- at ICRA
  • Cites strengthening business profile
• Thermosystems
  • Long-term bank facilities raised to BBB from BBB- at Crisil
  • Cites group will sustain improvement in its operating margin while maintaining prudent working capital management

--GREG STOHR

--SREE VIDYA BHAKTAVATSALAM

(Bloomberg) -- Volatility sparked by uncertain political outlook in Brazil creating opportunities to buy, co-head of Carlyle South America Fernando Borges tell foreign correspondents in Rio de Janeiro.

• Even with political crisis worsening in the past weeks, there’s no chance for a change of direction in Brazil’s economic policies
• Private equity investments in Brazil are still weak in 2017, but could pick up as companies involved in corruption cases move to sell assets
• Crisis has not stopped ongoing deals

Original Story: Carlyle: Crise da JBS gera oportunidade para private equity To contact the translator on this story: Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net Reporter on the original story: Sabrina Valle in No Rio de Janeiro at svalle@bloomberg.net Editors responsible for the original story: Daniela Milanese at dmilanese@bloomberg.net Taís Fuoco