Giving a leg-up to Brazil's real estate market, the Inter-American Development Bank recently closed a $75 million warehouse loan facility to local securitizing agent Brazilian Securities.

The loan has a seven-year maturity and charges a bi-annual floating rate benchmarked to Libor. Precise terms were undisclosed.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.