the education group be educational (SEER3) signed, through its subsidiary Educred, an agreement for the sale of credit rights to the financing company Pravaler studentfor a net amount to be defined between 69 million reais and 80 million reais, Ser said on Monday.
To the companies signed a “promise of assignment and acquisition without co-obligation” involving credit rights arising from student loans for higher education courses.
The financial settlement process and definition of the exact net value of the transaction is expected to take place in two tranches, the first of which this month in the amount of 69.7 million reais and the second to be paid by June 2023, Ser said in relevant fact.
Source: Moneytimes
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