24-03-2025
Brazil's Lavoro Hires Advisers for Debt Rework
By and Giovanna Bellotti Azevedo
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Brazilian fertilizer-seller Lavoro Ltd is working with consulting firm Alvarez & Marsal and law firm Pinheiro Neto as it undergoes negotiations with suppliers to extend payment terms amid reduced liquidity in the market, according to people familiar with the matter.
The Sao Paulo-based firm, which is backed by Patria Investimentos, hired Alvarez last year while it tries to work out a solution out-of-court, the people said, asking not to be named discussing a private matter. Pinheiro Neto has worked with the company as counsel for several years, and is also advising on the negotiations.
