October 11, 2018 |
Eco Securitizadora de Direitos Creditórios do Agronegócio has completed a multi-tranche agribusiness receivables certificate, or CRA, in Brazil's local marketplace.
The entity sold roughly BRL184m ($49m) in CRAs to eligible investors and split the offering between a BRL22.38m December 2019 series, a BRL32m June 2022 portion, a BRL15m June 2019 tranche and a BRL114.76m February 2022 effort.
Eco's February 2022s were offered in sub-sets that priced at 2% of the DI and 1% of the DI, while the Jun
Brazilian agri-focused borrower pens terms on a $50m receivables offering