BV Financeira S.A.-Credito is in the market with BRL 2.5 billion deal ($1.42 billion) backed by Brazilian auto loans.

According to Moody’s Investors Service, which has assigned ‘Aa1/Ba1’ ratings to the senior notes, BV Financeira will issue a single series of senior and subordinated shares, and the subordinated shares will be fully retained by the seller.

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