Log arranges CRI deal

Log arranges CRI deal

Debt Equity Capital Markets Energy Solar Wind Hydro Brazil

Brazilian real estate company Log Commercial Properties said it plans to issue BRL450 million ($86.4 million) in debentures to back the sale of real estate receivables certificates called CRIs, according to a securities filing. Log said it had "engaged" financial institutions to arrange the deal, but it did not identify the bookrunners or the securitization company. The Belo Horizonte-based company worked with Bradesco BBI on a debt deal in March this year, pricing BRL250 million in five-year de

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