JiveMaua has converted a distressed-debt position into an 80% stake in Rota Verde, the operator of the BR-060 and BR-452 toll-road corridors in Brazil's Goias state.
The transaction, valued at US$37.6 million, marks a significant shift in ownership for the 426-kilometer logistics route that links Goiânia with key regional hubs.
The deal underscores the mounting pressure on Brazilian infrastructure operators facing debt distress.
By moving from creditor to majority owner, JiveMaua secures control over a critical transport artery while resolving the underlying financial obligations.
This type of debt-to-equity conversion is becoming more common as investors seek to extract value from underperforming assets in a challenging macroeconomic environment.
The BR-060 corridor is a vital link for agricultural and industrial logistics in central Brazil.