Letter of Mercantile Lease

  • The product

    Fast and dynamic fundraising instrument for leasing operations, with a lower registration cost.

    The LAM was created by Law no. 11,882, dated December 23, 2008. Adapted to leasing operations, it can be registered with final payment (redemption or maturity) or periodic payment of interest and amortization events. Its goal is to expand available mechanisms for fundraising among leasing companies.

    The fast and dynamic security was adapted for leasing operations. It can be remunerated based on pre-fixed rates or floating DI or Selic rates, with or without spread, with automatic update by B3.