News
14/10/2021

CMN establishes an exchange rate correction clause for Agribusiness Receivables Certificates (CRA)

On 30 September, the National Monetary Council (“CMN”) issued CMN Resolution No. 4,947/2021, authorizing, as of 1 November 2021, the acquisition by investors residing in Brazil of Agribusiness Receivables Certificates (“CRA”) with an exchange rate adjustment clause.

Read the full Alert, available only in Portuguese, here.