In order to obtain long-term funding abroad, CIACORP, the international arm of Cath Empreendimentos e Participações Ltda., a major real-estate investor, particularly in hotels and shopping malls, came to TrendBank to act as arranger and dealer for its Eurobonds issues.
The six tranches structured by TrendBank from August 2004 to March 2007 assisted Banco Prosper, the financial arm of the Peixoto de Castro Group, in securing funding of $50 million (USD) to expand its credit portfolio.
Read more: http://www.bancoprosper.b.br
The TrendBank team directly contacted international investors to provide financing to these two large agricultural commodities companies. This simple structure streamlined the process and reduced costs. Both transactions totaled $25 million (USD) and demanded a performance bond and a specific export projec.
Read more: http://www.marfrig.com.br
Read more: http://www.codistil.com.br/pt
TrendBank was in charge of structuring a $50 million (USD) program to expand consigned (payroll) credit; its first tranche totaled $16 million (USD).
Read more: http://www.bancomorada.com.br
Caloi Norte S.A. hired TrendBank to structure a €25 million program; its first tranche totaled $6.3 million (USD).
Read more: http://www.caloi.com.br
LAST UPDATED ON MAY 19th 2010
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