With the senior unsecured market closed or too expensive, Latin American financial institutions are turning to the products of yesteryear to raise funding.
Last month diversified payment rights issuance, often referred to as MT-100 securitizations, came to prominence again in Latin America after first taking centre stage at the beginning of the decade.
On March 23, Brazil’s Banco Bradesco completed one such deal, when it raised $100 million through a securitization...
