Mars Capital Advisors Anchors $200M Facility for Brazilian Credit Card Receivables
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 16h ago
0mins
Source: Globenewswire
- Significant Market Potential: Mars Capital Advisors anchors a $200 million, three-year facility to support BlackOpal's entry into Brazil's credit card receivables market, which is projected to grow rapidly, reaching a size of $100 billion.
- Innovative Risk Control: The GemStone product eliminates traditional credit risk by purchasing Brazilian credit card receivables as True Sale, ensuring stable returns for investors and likely attracting more institutional capital into this emerging market.
- Technology Empowerment: By leveraging Visa and Mastercard's settlement infrastructure, the product automates the collection process, enhancing liquidity and transparency, which further increases the market's appeal.
- Global Capital Connection: BlackOpal's GemStone product provides a channel for global institutional capital to access the Brazilian credit card receivables market, expected to facilitate international capital inflow and promote the globalization of Brazil's financial market.
Analyst Views on BLK
Wall Street analysts forecast BLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLK is 1356 USD with a low forecast of 1244 USD and a high forecast of 1486 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 1087.920
Low
1244
Averages
1356
High
1486
Current: 1087.920
Low
1244
Averages
1356
High
1486
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
