The securities will offer a maximum yield equivalent to the CDI plus 1.10% annual interest.
SLC Agrícola has submitted a registration request to the Comissão de Valores Mobiliários (CVM) for a public offering of agribusiness receivables certificates (CRA) to raise R$ 400 million. According to the company, the goal is to secure funds to extend the profile of its debt at a competitive cost.
The securities will yield a maximum equivalent to the Interbank Deposit Certificate (CDI) plus 1.10% annual interest (tax-exempt).
The 224th issuance will be conducted in a single series. The securities are backed by Financial Rural Product Bills (CPR-Financeira). The operation has a term of 2,940 days, maturing on November 24, 2032. Interest payments will be made semiannually, and the principal will be amortized at maturity.
Virgo Securitization Company is the securitizer for this operation. The securities are intended for professional investors, with Banco Itaú BBA serving as the lead coordinator for the offering.
