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2 results for “distressed assets

Brazilian ‘Paper FII’ Sells Defaulted Real Estate Debt for Steep Discount to Specialist Fund
PROInvestingAug 16

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.

Extrajudicial Restructurings Surge in Brazil Under Selic Pressure
PROPoliticsJul 07

Extrajudicial Restructurings Surge in Brazil Under Selic Pressure

High interest rates drive a wave of out-of-court debt renegotiations in Brazil, led by Raízen's landmark R$ 65.1 billion restructuring.