August 26, 2021
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
Brazilian real estate company expects to raise $86 mln from the sale of receivables