After having recently partnered in Mexico, GMAC-RFC and the International Finance Corp. are taking their relationship to the next level. The company and multilateral have now reached an agreement to buy a combined 40% stake in Brazilian real estate company Rio Bravo Securitizadora.

"We see the IFC as an important funding and guaranty provider for emerging markets," said Alessandro Vedrossi, head of Latin American business strategy at GMAC-RFC.

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