Two firms advise on Kanastra’s public offering
Lobo de Rizzo and Pinheiro Guimarães advised on the investment in simple, non-convertible, unsecured debentures, issued in a public offering by Kanastra Securitizadora, in the total amount of BRL 100 million.
The debentures were subscribed and paid-in by Banco Itaú BBA, backed by receivables arising from a supply agreement entered into between Grupo Casas Bahia and Samsung da Amazônia, with Grupo Casas Bahia acting as the assignor of the receivables.
The transaction was secured by a fiduciary assignment of receivables held by Grupo Casas Bahia arising from tax credits; and a fiduciary assignment of receivables held by Grupo Casas Bahia arising from financial investments.
Lobo de Rizzo advised Kanastra and relied on partner Milton Pinatti Ferreira de Souza (pictured left), lawyers Ingrid Harumi Mukaida Chen and Beatriz Zaroni Boaventura.
Pinheiro Guimarães advised Banco Itaú BBA relied on partners Sergio Ramos Yoshino (pictured right), Camila Ohno, Larissa Tavares associate Michelle Reibscheid.
