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The group's 34 businesses, worth around 12 billion reais, have been put up as collateral.
Frequently, homes are put up as collateral, so deportation can be a financial calamity for an entire family.
Its 2.4m customers were disproportionately poor and had little in the way of assets, such as homes, to put up as collateral.
It turns out that German government bonds put up as collateral by a partner in a solar project may never have existed.
While the company could end up losing the profitable fertilizer plant it put up as collateral on the loan, Rentech can continue to pursue the clean energy venture.
Even if they had had the know-how to borrow from a bank, they had nothing to put up as collateral.
Similar(21)
It was a deal that Mr. Schindel could never have imagined when he borrowed $1,500 to start his company in 1954, putting up as collateral all his film negatives, which had cost $35,000 to produce.
Elias López and his grandfather Julio stand in front of the property they have put up as bank collateral.
Eric and Amanda put up Serenola as collateral to free him on bond, and by late afternoon he was home.
Sports Direct said it was required to put up cash as collateral for the 23m shares, which represent 0.28% of Tesco.
Instead, he had to bet against the market for a specific time, put up collateral as security, and make regular payments.
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