February 8, 2018 |
Rede D'Or Sao Luiz on March 12 will print BRL500m ($152.6m) in real estate receivable certificates, or CRIs, through local securitization company RB capital.
The Brazilian hospital operator nominated Banco Safra to lead the trade, while Bradesco BBI and BB Investimentos were named bookrunners on the potential 2023 Rue 400 transaction.
Fitch Ratings ranked the potential trade AAA on a local scale, a report from the rating agency showed.
Last month, Rede D'Or raised $500m from a 4.95% 2028 bond to
Brazilian hospital operator seeks roughly $153m in real estate receivable certificates