February 13, 2018 |
RJGTIA Companhia Securitizadora de Créditos Financeiros (RJGTIA) has raised BRL1.25bn ($379.3m) from local currency investors, according to capital markets association Anbima.
The Brazilian securitization company, in its debut issuance, sold a set of 2020 notes at 138% over the DI interbank lending rate. BNP Paribas Brasil led the Rule 476 transaction, Itau was the agent bank and Pentagono was trustee.
Fitch Ratings rated the issuance AA+ on a local scale, saying the transaction securitized part
Brazil's RJGTIA obtains $379m in its first local currency transaction