April 16, 2020
Brazilian real estate company JHSF Participações plans to carry out a deal to sell real estate receivables certificates, or CRIs, as it aims to stretch the average term of its debt and lower its interest payments, it said a securities filing on Tuesday.
The local securitization firm True Securitizadora will buy BRL300 million ($57.2 million) in six-year debentures issued by JHSF at the DI interbank lending plus 1.55%. True will issue the same amount in CRIs on behalf of JHSF, according to the fi
Brazilian real estate company aims to raise $57 mln from the sale of receivables through True Securitizadora