Lefosse advises Bemol on debentures issue

Lefosse acted as deal counsel in the third public issuance of debentures by Bemol, in a single series, totalling BRL 85 million.

The offering was structured pursuant to CVM 160, as amended, and other applicable regulations. The debentures were offered exclusively to professional investors. The offering was coordinated by UBS BB Corretora de Câmbio, Títulos e Valores Mobiliários, acting as lead underwriter.

The debentures are secured by a fiduciary assignment of credit card receivables granted by Bemol. The net proceeds from the issuance will be used entirely to strengthen the company’s cash position.

Lefosse advised Bemol with a team led by partner Bruno Massis and associate Marcela Venturacci.

Bemol’s in-house team was represented by Amyr Dib.

The lead underwriter, UBS BB, was assisted by Ricardo Siciliano and Thaís Barreto.

Pinheiro Baruselli also participated in the transaction, with Victória Baruselli and Juliana Soares acting as counsel.