The Brazil Securities Commission (CVM) lifted the suspension of B.SEC Companhia de Securitização’s public offering of real estate receivables certificates (CRI) after the offeror addressed identified irregularities and supplied additional information. The offering covers the first through sixth series of the company’s fourth issuance and is led by BTG Pactual Investment Banking Ltda. The CVM had suspended it on Oct. 19, 2026.
Because the transaction documents have changed, investors who had already subscribed must be notified and given at least five business days to decide whether to maintain or cancel their subscriptions. The offering timetable must also be adjusted to account for the period during which distribution was suspended.