Transtrade Consultoria

Transtrade Overseas, Ltd.

www.transtrade.srv.br

Starting in 1991, TRANSTRADE undertook financial engineering projects aimed at rescheduling Brazilian public debt owed to the Group and third parties. These projects employed innovative and unconventional solutions to address the Government's financial resource constraints at the time.

In 1992, TRANSTRADE initiated the swap of public debt for Treasury-issued bonds, which could be utilized in the Brazilian privatization program. TRANSTRADE executed the first-ever recorded transaction of this kind, resulting in the issuance of the bond named JUST920116.

As a result of similar projects, in 1996, during its privatization, approximately 3% of the stocks of the power company Light Serviços de Eletricidade were acquired by our affiliated company, International Brasil Export, using Treasury Bonds received in exchange for public debt. These stocks were subsequently sold to the group holding the controlling interest in the power company.

Financial Engineering

<< RETURN TO TOP >>