Daniel Laudisio and Rodolfo Tella

Cescon Barrieu and T&C on Eletrobras’s issuance of commercial notes

Cescon Barrieu advised the company on the first issuance of commercial notes, for public distribution with restricted placement efforts, by Centrais Elétricas Brasileiras – Eletrobras, pursuant to CVM 476.
Tauil & Chequer in association with Mayer Brown advised the underwriters Banco BTG Pactual, BB Banco de Investimento and Banco Bradesco BBI.

The total offering amount was R$6 billion, all of which will be used to enhance company’s capital net and refinance its debts and/or its affiliate’s debts.

Eletrobras is the largest Brazilian electric power generation and transmission company, with generating capacity equivalent to about 1/3 of Brasil’s total installed capacity and with approximately half of the country’s total transmission lines in its basic, high and extra network high voltage.

The proceedings obtained by the Eletrobras through the offering will be used to refinance its debts which will extend the company liability and contribute to Company’s investments in Brazilian renewable energy development.

Cescon Barrieu advised Centrais Elétricas Brasileiras – Eletrobras and relied on partner Daniel Laudisio (pictured left); associates Dimitrios Constantelos, Diogo Câmara, and interns João Victor Salomão and Isadora Barbosa.

Tauil & Chequer advised the underwriters and relied on partner Rodolfo Tella (pictured right) and associates Natália Minotto and Stephanie Carmo.

Amanda

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