May 23, 2018 |
Sociedade Beneficente de Senhoras – Hospital Sírio-Libanês has secured a five-year BRL150m ($41.15m) asset-backed loan, TozziniFreire Advogados, legal counsel to the hospital operator, said in an emailed statement.
The securitized loan is backed by a credit note for Banco Safra, which is structured based on the receivables originated by the hospital.
Credit owned by Banco Safra has been assigned to Ápice Securitizadora, which sold BRL150m in Real Estate Receivables Certificates, or CRIs, to in
Brazilian hospital secures $41m from Banco Safra via securitized real estate receivable certificates