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Rafael Baptista

Cescon Barrieu advises FirstRand on securing financing for WEG

Cescon Barrieu advised to FirstRand Bank Limited on the guarantee of existing financings made available by FirstRand Bank Limited to South-African subsidiaries of Brazilian company, WEG, totalling ZAR785,000,000 (aprox. USD 43mm). WEG and WEG Equipamentos Elétricos jointly guaranteed the loans.

Cescon Barrieu relied on partner Rafael Baptista Baleroni (pictured), associate Alexandra Telles Costa and intern Antonio Lira.

Norton Rose Fulbright South Africa Inc advised to lender.

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