Cescon Barrieu advises Açucareira Quatá on CPR-F issue

Cescon Barrieu advised Açucareira Quatá S.A., as issuer of the Nota de Produto Rural Financeira (CPR-F), and Companhia Açucareira Quatá, as guarantor

Cescon Barrieu advised the public offering of certificates of agribussine receivables (CRA) of the 16th issue, in a single series, of True Securitizadora S.A. in the total amount of R$ 480,000,000.00, backed by agribussine credit rights arising from the Nota Financeira de Produto Rural (CPR-F) issued by Açucareira Quatá S.A. and guaranteed by Companhia Agrícola Quatá.

The CRA were distributed through a public offering, in accordance with regulation 400 of the Brazilian Securities and Exchange Commission (CVM).

The underwriters were XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A. (as lead underwriter), Banco Itaú BBA S.A. and Banco BTG Pactual S.A.
The total amount of the offering was R$480,000,000.00

Açucareira Quatá is a reference in the national food and energy sector, developing products using sugarcane. Therefore, the resources of the Financial Rural Product Note (CPF-R) will be destined to the commercialization of sugar cane, in its natural form.

Cescon Barrieu advised Açucareira Quatá S.A., as issuer of the Rural Financial Product Note (CPR-F), and Companhia Açucareira Quatá, as guarantor, with partner Daniel Laudisio (pictured), associates Dimitrios Constantelos and Ana Beatriz Borges and intern Guilherme Bezerra.

The law firm Lobo de Rizzo Advogados assisted the underwriters.