Demarest and Machado Meyer advise Bali Brasil on notes issuance
Demarest and Machado Meyer advised on the first issuance of book-entry commercial notes, in a single series, for public distribution, through the automatic registration procedure, by Bali Brasil Serviços de Banda Larga, in the total amount of R$ 350 million, according to CVM 160.
The financial resources raised through the Issuance will be allocated for the acquisition of Zaaz Provedor de Internet e Telecomunicações and the remaining amount, if any, for liability management of Zaaz Provedor de Internet e Telecomunicações.
Demarest advised Bali Brasil, SKY, Zaaz and relied on partner Cristina Tomiyama (pictured left), Julia Lobo Dutra (pictured center-left), associate Isabela Bernacchio, Paola Liberman.
Machado Meyer act as legal advisors to the arrenger Banco Bradesco BBI and relied on Fernanda Cury Messias (pictured center right), Raphael Oliveira Zono (pictured right); lawyers Paula Lumi Sonoki.