BRB Offloads Master Crisis to a R$15B Quadra Capital Fund
Key Points — The Banco de Brasília board approved a memorandum of understanding with Quadra Capital on Monday night, April 20, to create a R$15 billion investment fund that will absorb all Banco Master-derived assets currently sitting on the state bank’s balance sheet. — The structure pays BRB a minimum R$3 billion up to R$4 […] The post BRB Offloads Master Crisis to a R$15B Quadra Capital Fund appeared first on The Rio Times.
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Key Points — The Banco de Brasília board approved a memorandum of understanding with Quadra Capital on Monday night, April 20, to create a R$15 billion investment fund that will absorb all Banco Master-derived assets currently sitting on the state bank’s balance sheet. — The structure pays BRB a minimum R$3 billion up to R$4 […]
The post BRB Offloads Master Crisis to a R$15B Quadra Capital Fund appeared first on The Rio Times.
