Machado Meyer and Cascione act in the issuance of financial notes of Banco Toyota

Machado Meyer advised Banco Toyota do Brasil S.A. on the issuance of financial notes in the amount of R$600 million. Cascione Pulino Boulos Advogados represented the underwriter Banco Itaú

Banco Toyota do Brasil S.A. issued 6,000 unsecured, non-convertible, unsubordinated financial notes, series 2, distributed through a public offering exempt from registration, pursuant to CVM Resolution 8, in the total amount of BRL 600,000,000.
Banco Itaú BBA S.A. acted as the sole coordinator of the public offering.

The issue contributed to the diversification of Banco Toyota’s funding sources. In addition, the issue was one of the first to be distributed under the terms of CVM Resolution 8, which required the study of the impacts of the changes in the regulations, the definition of new formats for the offering documents, the review of operational procedures, and the alignment with the local exchange (B3 SA – Brasil, Bolsa, Balcão).

Leading the work at Machado Meyer, the partner Eduardo Castro (pictured left) was joined by lawyers Karina Tiaki Momose, Marcus Vinicius Villa Bretherick

Cascione Pulino Boulos Advogados represented Banco Itaú BBA S.A. with partner Fábio de Souza Aranha Cascione (pictured right) and associates Gabriel Vinícius do Amaral Capella, Marco César Penna Reis.