Machado Meyer & TozziniFreire advises on TBG’s debenture issue

Machado Meyer advised Transportadora Brasileira Gasoduto Bolivia-Brasil – TBG, and TozziniFreire Advogados advised XP Investimentos on the offering of senior unsecured debentures by TBG.

This marked the first-ever securities offering by the issuer, which operates the Brazil/Bolivia gas pipeline.
The issuer is a wholly-owned subsidiary of Petrobras, a state-owned Brazilian company and the largest oil and gas producer in the world. It operates a 2,593 km pipeline that continuously transports natural gas from Brazil and Bolivia, supplying the Midwest and Southern regions of Brazil.
The transaction value was BRL 300 million.

TozziniFreire relied on partner Daniel Laudisio(pictured right), associates Bryan Nathan Klein, Marina Maia de Souza, Marisa Bastos Pujol, Gabriel Rogenfisch Quintas and intern Ana Carolina Paniagua.

Machado Meyer Advogados relied on partner Alberto Faro (pictured left), lawyers Guilherme Spinacé, Alice Chamani Machado and Camila Santos Viana da Silva.