Gafisa is facing a crisis as renegotiations increase pressure, with at least 6 FIIs having exposure to embedded CRIs.
Gafisa (GFSA3) is showing further signs of worsening its financial crisis as the balance of the second quarter is delayed for the third time. On September 15, a credit operation backed by the company failed to pay its investors, affecting the project in Arpoador, Rio de Janeiro. The report highlighted a second instance where insufficient…