November 3, 2022 |
Brazilian açaí fruit company Oakberry is looking forward to more capital markets transactions after issuing BRL50 million ($9.72 million) in sustainable agribusiness receivables certificates, or CRAs, CFO Gustavo Janer told LatinFinance.
"It is only a first step of many in the capital markets," he said.
Oakberry, which sells Amazonian açai berry cream in 40 countries, including Brazil, priced the five-year CRAs at the DI interbank lending rate plus 2.3% with a 1.5-year grace period. The transact
Brazilian açaí fruit company sees the sale of agribusiness receivables certificates as "the first step of many," CFO says