BMA and Machado Meyer advise on BRF’s CRA issue
BMA represented BRF on the public offering of agribusiness receivables certificates (CRA), in 4 series, issued by ECO Securitizadora, which are backed by debentures issued by BRF, in the total amount of BRL 1.250 billion. Machado Meyer advised the coordinators.
The CRA were distributed to the general public, and the proceeds from the public offering will be used exclusively in BRF’s activities as a rural producer in the agribusiness sector.
BRF exercised its hot issue option and increased the amount of the offered securities in 25% (or BRL 250 million).
BMA Advogados advised BRF and relied on partner Conrado C. Stievani (pictured left), associates Alexandre Roscoe Lindenberg, Juliana Azem Turini, Isabel Moreira Jimenez, Gabriela Tiemi Higashi
Machado Meyer advised the coordinators XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários, Banco Safra, UBS BB Corretora de Câmbio, Títulos e Valores Mobiliários, Itaú BBA Assessoria Financeira, Banco Santander (Brasil), Banco Bradesco BBI, BTG Pactual Investment Banking, Banco Daycoval, Inter Distribuidora de Títulos e Valores Mobiliários and relied on partners Luis Filipe Gentil (pictured center) and Marcelo Lucon (pictured right); lawyers Helena Daher e Gabriel Dal Bello Bufano.
