1. Aegea Saneamento Bonds Plunge as Brazil Rout Triggers 'Sell First, Ask Later' Panic
Aegea Saneamento e Participações SA's financial standing has violently reversed, with its bonds being dumped by investors in a classic panic sell-off. In a stunning shift, the Brazilian water and sewage utility has gone from preparing for a multi-billion-dollar IPO to facing a severe liquidity crisis as bondholders fle...