Habitsul pays off debt with BTG Pactual loan

Habitsul pays off debt with BTG Pactual loan

Loans Debt Brazil Asset Management

Brazilian real estate company Habitasul said it has taken out a four-year loan for BRL150 million ($27 million) from BTG Pactual to pay off debt from state-owned asset management firm Emgea, according to a securities filing. Habitasul paid $110 million to Emgea, following a previous payment of BRL30 million in September, the Porto Alegre-based company said in a filing on Tuesday. Habitasul develops residential real estate projects in the states of Rio Grande do Sul and Santa Catarina. It also pr

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