M. Dias Branco increases CRA sale

M. Dias Branco increases CRA sale

Debenture Debt Brazil ESG Green Finance Capital Markets

Brazilian food company M. Dias Branco said Monday that it issued BRL812 million ($141 million) in agribusiness receivables certificates, or CRAs, increasing the size of the deal to meet demand. M. Dias Branco received BRL2.3 billion in orders in the two-part deal, 2.9 times the initial offer for BRL800 million, it said in a securities filing. "The funds will be used to promote and encourage sustainable agriculture by the company's suppliers, ensuring the continuous improvement of food and nutrit

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