Products

With risk isolation we enable the bonds issued to have a good risk classification, with either low or zero correlation with the risk classification provided by the origin. Securitized bonds offer investors monetary correction with additional payment of interests, being similar to a fixed income-security.

FIDC

Credit Rights Investment Funds, whose quotas are sold to qualified investors. The funds can be open or closed. Open funds are those in which shareholders are able to invest more or request their call at any time. The closed funds are those in which the calls take place when the deadline finishes, i.e. when the FIDC is liquidated.

CCB

CCB (Bank Credit Bill) is aimed at stimulating the credit market through an instrument that allows companies to have access to one more source of financing. They are classified as credit assets, which means they can be negotiated to investors and savers, as well as to financial institutions who want to compose investment portfolios, thus expanding their choice of creditors for those takers in need of resources.

Debentures

Not very popular among most investors, for the time being, debentures appear as the main source of fundraising adopted by companies. Given their versatility, they adjust to the companies' financing needs, matching competitive costs with long deadlines

Project Finance

It is the long term financing plan for the infrastructure of industrial projects based on projected cash flows, instead of being based on the sponsors' balance sheets. Normally, a financing structure of the project involves a series of capital investors, known as sponsors, as well as a group of banks that offer loans for the operation. The loans are commonly non-recourse loans, which are secured on the project's assets, and fully paid from its cash flow.

CRI

A private real estate bond that was recently created, which now begins to attract the attention of investors, expanding investment possibilities in the real estate sector. They are papers issued by securitization companies and secured by real estate financing contracts. The risk of these papers is the default in the payment under the contracts by which they are secured.

CCI

A bond representing real estate credit. Issued by the real estate creditor. It can be full - when it represents the full credit - or fractional - when representing part of it. The sum of the fractional CCIs issued in relation to each credit cannot exceed the total amount of the credit they represent. It can be issued with or without guarantee, be it a collateral or personal security, as book-entry or in writing.

FII

A type of investment that is already used in many countries, named Real Estate Investment Fund, which is formed by groups of investors, whose objective is to invest resources in the development of real estate ventures or in finished real estate.