January 9, 2019 |
Corporate debt issues in Brazil rose 34% year-on-year and reached a record volume of BRL200bn ($53.8bn) in 2018, according to the B3 stock exchange in São Paulo.
Debentures deals reached BRL174bn last year, a 62% jump on 2017, while promissory notes tallied BRL28bn. Both real estate receivables, called CRIs, and receivables funds, called FIDCs, came to BRL9.5bn in 2018, as agribusiness receivables, called CRAs, logged BRL6bn, B3 said.
According to the local capital markets association Anbima, de
Debenture deals soar 62% year-on-year to $47bn in 2018, B3 says