TozziniFreire advises on BRL 100m notes issuance

TozziniFreire acted as deal counsel in the first issuance of commercial notes by Empresa de Mecanização Rural, a BRL 100 million public offering distributed in Brazil under CVM Resolution 160, with Banco Bradesco BBI serving as underwriter.

The transaction involved a single-series issuance of commercial notes with real and additional guarantees, structured as a public distribution through the automatic registration procedure. The offer was made exclusively in the Brazilian market. Three entities provided guarantees for the issuance: Cbf Indústria de Gusa, Energia Viva Agroflorestal and Veredas Agroindustrial.

TozziniFreire’s team was led by partners Gustavo Rugani and Daniel Laudísio, supported by Paulo Estevão Miranda, Marina Maia de Souza, João Vitor Stumpf and Iara Morais Capelão.