THE LATIN AMERICAN LAWYER | Cescon Barrieu advise on CRI by Direcional
Cescon Barrieu advised on the 399th issuance of real estate receivables certificates (CRI) by Opea Securitizadora, backed by real estate credits owed by Direcional Engenharia, in the total amount of BRL 370,270,000.00. The offer was made through a public distribution, by CVM 160 and was intermediated by Banco Santander (Brasil), Banco Bradesco BBI, Itaú BBA […]
IBA | Credit risk transfer in Brazil: bridging the gap in regard to synthetic instruments
This article, written by partner Maurício Teixeira dos Santos and associate Marianno Cunha, provides an overview of the key legal matters relating to credit risk transfers in Brazil. It also delves into the alternatives to transfer risk either as a straightforward change of ownership or in synthetic form, and assesses their shortcomings. Read the full […]
