BVA advised BM Varejo Empreendimentos on the issuance of CRI

BVA advised BM Varejo Empreendimentos (responsible Cidade Matarazzo, one of the main high luxury development in Latin America) on the issuance of Real Estate Receivables Certificates, in the amount of BRL 200 million, within the scope of the 1st Series, of the 340th Issue, of Opea Securitizadora, backed by real estate credits owed by BM Varejo within the scope of the “private deed of the 10th issue of simple debentures, non-convertible into shares, in a single series, of the type with real guarantee, with additional surety guarantee, for private placement.

Proceeds from the issuance will be used by BM Varejo Empreendimentos for fit out of one the main high luxury malls of Latin America.

BVA relied on partner Felipe Barreto Veiga (pictured), head Marcelo Ikeziri, associates Lethycia Florencio and Enzo Gebrin

Freitas Leite advised Terra Investimentos Distribuidora de Títulos e Valores Mobiliários as coordinator.