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Brazilian ‘Paper FII’ Sells Defaulted Real Estate Debt for Steep Discount to Specialist Fund

A major Brazilian real estate fund offloads a defaulted R$ 60.9 million debt for R$ 23.5 million, resolving a critical liquidity crisis.

By Diane Cole

Published
Brazilian ‘Paper FII’ Sells Defaulted Real Estate Debt for Steep Discount to Specialist Fund
Illustration — BRZ.news

A major Brazilian real estate fund offloads a defaulted R$ 60.9 million debt for R$ 23.5 million, resolving a critical liquidity crisis.

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