Santos Neto advises three companies on CRA issues
Santos Neto Advogados advised Kinea Investimentos, Rio Amambai Agroenergia S.A. and Virgo Companhia de Securitização
Santos Neto Advogados acted as business consultant, advising Kinea Investimentos, Rio Amambai Agroenergia S.A. and Virgo Companhia de Securitização, in an operation involving 4 issues of certificates of agribusiness receivables (CRA), backed by agribusiness receivables accounts (CPR-F), totaling R$320 million.
The operation had a complex structure of guarantees represented by fiduciary lien on industrial equipment, fiduciary assignment of sugarcane crops and fiduciary assignment of receivables. The CRAs were subject to public distribution, according to CVM Instruction 476, to professional investors, coordinated by Virgo.
The Santos Neto Advogados team involved in the transaction included partners Matheus Zilioti (pictured right), Domicio dos Santos Neto (pictured left) and associate Henrique Takeda Kamoi.
