The Latin American Lawyer | Madrona Advogados advises Valora on CRI issuance

Madrona Advogados advised Valora Renda Fixa Estruturados, acting as underwriter, on the BRL 16.1 million issuance of real estate receivables certificates (CRI) backed by real estate credits linked to Porte Desenvolvimento Urbano’s projects. The transaction was structured under CVM Resolution 160 and included collateral, surety guarantees and monitoring mechanisms typical of Brazil’s structured real estate financing market.