CMC and FLH act on CRA issuance backed by Eucatex
Candido Martins Cukier advised the issuer, FLH advised the underwriters BTG Pactual Investment Banking and Banco Safra, on the 109th issuance of agribusiness receivables certificates (CRA), in three series, by Vert Companhia Securitizadora in the total amount of BRL 300million.
The CRA were backed by commercial notes, issued in three series by Eucatex Indústria e Comércio, which were secured by a corporate guarantee granted by its parent company Eucatex Indústria e Comércio, as well as a first lien security interest over forestry assets; and a first lien on certain escrow account held by Eucatex.
The proceeds of the offer will be used by Eucatex to fund its agribusiness activities, including production and trade of wood.
Candido Martins Cukier relied on partner Raphael Arantes (pictured right), associate Eduarda Fruet.
FLH has relied on partners Gabriel Leutewiler (pictured left) and William Rizzi (pictured center), associates Paulo Garcia, Giovanna Bicudo, Beatriz Sanceau and Nicole Addeo.
