Gaia Securitizadora $46.7 million CRA issue

2/7/2019
Asset Backed Securities (ABS)

R$ 182 million

Completed

2/7/2019


Overview:

  • Gaia Securitizadora, a securitisation company, has issued CRAs (agribusiness backed receivables) worth $46.7 million (BRL182 million).
  • Banco BNP Paribas Brasil acted as lead underwriter. 
  • Nufarm, an agricultural company, acted as sponsor. 

Rani Mehta - Latin America Editor

Jurisdiction:

Brazil

Deal type:

Asset Backed Securities (ABS)

Practice area:

Capital markets : Structured finance and securitisation

Industry sectors:

Financial services
Agriculture


Firms:

Party: Nufarm (Sponsor)


Party: BNP Paribas (Underwriter)

Party: Gaia (Issuer)

Lawyer: Alexei Bonamin