Loans ``certainly offer an advantage at this moment of turbulence,'' Rossi said in a
Friday, 21 March 2008
Rossi Residencial SA assured a 200 million real from a Banco Bradesco SA
Rossi Residencial SA, the third largest Brazilian developer, assured a 200 million real ($117 million) standby credit facility from a Banco Bradesco SA unit last week as demand for fixed- income is infirm, investor relations director Sergio Rossi said. The company may gauge ``meticulously'' whether conditions meet to sell as much as 300 million reals of local notes in coming weeks, he said.
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