Brazilian Preps Receivables FIDC

Brazilian Preps Receivables FIDC

Brazil Structured Finance Bonds

Brazilian factoring company Grupo Sifra is preparing a BRL300m ($180m) securitization of credit receivables, for sale in Brazil’s FIDC market. The open-ended fund has a target return of 125% of the DI rate. It consists of a BRL225m senior tranch

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