Tauil & Chequer and Machado Meyer advised on Holding da Araguaia’s debentures issue

Tauil & Chequer Advogados in association with Mayer Brown advised Holding da Araguaia S.A., Machado Meyer Advogados advised the underwriters

Holding da Araguaia S.A., a company controlled by Ecorodovias Group with the participation of GLP, made its 1st debentures issue, in the total amount of R$1.4 bilhões.

Banco Itaú BBA SA, UBS Corretora de Cambio, Títulos e Valores Mobiliarios SA, Banco BTG Pactual S.A. and Banco Santander (Brasil) S.A. were the underwriters of the issue, which also included the Banco Nacional de Desenvolvimento Econômico e Social – BNDES as the structurer of the issue.

The net proceeds obtained by the Company through the issue will be used for the payment or future reimbursement of expenses, expenditures or debt related to the investments in the project owned by Ecovias do Araguaia, The concessionaire is 100% owned by the company and is responsible for the operation of 850.7 kilometers of stretches that include BR-153/TO/GO, one of the main connections between the North-Central and South-Central Brazil and BR0 80/4 14/GO, according to the ordinance issued by the Ministry of Infrastructure.

Tauil & Chequer also advised the company and Ecovias do Araguaia with the Ministry of Infrastructure in order to obtain approval of the Ecovias do Araguaia project as a priority for the purposes of Law 12.431/11.

The Tauil & Chequer team was composed by partners Carlos Motta (pictured left) and Luis Montes (pictured center) and associates Thatiana Siqueira and Juliana Deguirmendjian

Machado Meyer Advogados advised Banco Itaú BBA S.A., Banco BTG Pactual S.A., Santander (Brasil) S.A., UBS Brasil Corretora De Câmbio, Títulos E Valores Mobiliários S.A, Banco Nacional De Desenvolvimento Econômico E Social and relied on partner Adriano Schnur (pictured right) and lawyers Ana Carolina Carpegiani Peyres Neves, Fernanda Cury Messias.