WorldVest will launch WorldVest Brasil Finance FIDC  or the WVB Finance FIDC as its first investment vehicle to participate in the Brazilian consumer finance market.

The new vehicle or WVB Finance FIDC will be structured as a Fundo de Investimento em Direitos Creditórios (FIDC), which is a Brazilian securitized finance fund made up of senior and subordinated shares and which will be rated by Standard and Poor's. The agency will base its ratings on the strength of the collateral within the credit card firm's credit portfolio.

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