Lobo de Rizzo Advogados assists coordinators in VERT-GYRA debentures issue

Lobo de Rizzo Advogados advised Banco BTG Pactual S.A. and Banco Itaú BBA S.A. on VERT-GYRA debentures issue

Lobo de Rizzo Advogados assisted the coordinators Banco BTG Pactual S.A. and Banco Itaú BBA S.A. on the 3rd issue of debentures, non-convertible into shares, in 3 series, being 2 series for public distribution with restricted efforts, pursuant to CVM Instruction 476, and 1 series for private placement, of Companhia Securitizadora de Créditos Financeiros VERT-GYRA, in the amount of R$120,000,000.00.

With this R$120 million debenture financing, Gyra+ sought to continue its work to provide credit to micro and small businesses, to financially assist companies with black or female leadership, and to make loans to companies operating in locations with lower human development indices (HDI).
Because of the destination of the capital collected by Gyra+, the offering was classified as a social bond. It was the first public offering of social financial bonds offered to the domestic market. In addition, the bonds are certified by Sitawi, a consulting firm specializing in ESG (environmental, social and governance parameters) issues.

The Lobo de Rizzo team reviewed and discussed all the documents of the operation led by partner Maria Costa Neves Machado (pictured) and associates Amanda Ammar, Vitória Vidal Serrano

Renata Fabricio Mendes and Rafael Wong were in-houses at Banco Itaú BBA S.A.
Izabel Siqueira do Val was in house Banco BTG Pactual S.

Tozzini Freire Advogados – Legal counsel to Companhia Securitizadora de Créditos Financeiros VERT-GYRA with partner Alexei Bonamin and lawyers Marcus Fonseca, Leonardo Medeiros Braghetto and Gabriel Prates Gragnani