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Reuters

Bankrupt Brazilian retailer Americanas owes about $8 billion, court finds

SAO PAULO (Reuters) -Brazilian retailer Americanas SA owes a variety of creditors around $8 billion, a Rio de Janeiro court said on Wednesday, providing the most detailed picture yet of the exposure of banks and other groups to the company’s bankruptcy. Americanas, backed by the billionaire trio that founded investment firm 3G Capital, entered bankruptcy protection last week after disclosing “inconsistencies” in its accounting, leading top investors such as BlackRock and Capital Group to scale back their positions in the firm. The list provided on Wednesday includes roughly 41.2 billion reais ($8.1 billion) in debt, according to the court, which initially did not disclose the names of the creditors.