Incentivo Launches Multi-sector FIDC

Regulators have approved a BRL200m FIDC transaction from Brazilian brokerage Incentivo DTVM, according to regulatory filings. The fund will acquire credit receivable assets in sectors including finance, real estate, industrial and agriculture during a period of five years. The shares are expected to pay 120% of the DI, and the fund has an indeterminate maturity. It is rated BBB+ on a national scale. Incentivo is managing the placement.