Cocari raises investment of R$100 million through FIDC

Cocari raised an investment of R$100 million through the issuance of Credit Rights Investment Funds (FIDC). The operation, one of the main trends in companies' access to the capital market, was carried out for the first time in Brazil by a Barter cooperative.

FIDC is a collective application modality that allows companies to create liquidity from their installment sales. One of the advantages of FIDC is that companies have direct access to investors, without intermediaries, expanding their financing possibilities.

This is also a more agile and secure model for companies seeking investments. Another advantage is having lower charges and operating costs than other models, in addition to requiring less compensation.

The vice-president of Cocari, João Carlos Obici, highlights the importance of this operation. “FIDC is a way for us to access new sources of investment, giving Cocari a new opportunity for growth. It’s an immediate resource that doesn’t put the cooperative in debt,” he explains.

“It is a beneficial and effective way for Cocari to diversify investment sources, at a lower cost than other more traditional credit operations. Everything so that we always have the best scenario for the cooperative member”, he highlights. 

First FIDC Barter by a cooperative

Cocari was the first cooperative in the country to receive investments through a FIDC in the Barter modality. The Barter operation consists of receiving the inputs needed by the rural producer, such as seeds, fertilizers and pesticides, with payment being made in the future, through the delivery of post-harvest grain.

All shares in the operation, which had Opea as fund manager, were acquired by a single investor, Banco BV. “We are proud to have participated in this operation, contributing to the development of the cooperative, which is a reference in the southern region of Brazil, with more than 60 years of history”, highlighted the investing bank, in a note on social media. The positive response from the market gave Cocari good prospects for raising new funds in the future", concludes João Carlos.