Cescon Barrieu act as counsel in issuance of notes by CPFL
Cescon Barrieu Advogados advisedthe issuer CPFL Comercialização Brasil S.A. and underwriter Banco BNP Paribas Brasil S.A.
The transaction was the issuance of commercial papers, in a single serie, by CPFL Comercialização Brasil S.A., for public distribution with restricted placement efforts in accordance with rule 476 of the Brazilian Securities Commission.
The offer had a total value of R$960 million.
Banco BNP Paribas S.A. was the sole underwriter of the offering.
The proceeds from the offering will be used indirectly for the acquisition by CPFL Gourp of Companhia Estadual de Tranmissão de Energia Elétrica (CEEE-T), as part of the federal government’s privatization program.
Cescon Barrieu advised the underwriter and the issuer in all legal aspects of the offering, with partner Daniel Laudisio (pictured) and associates Vittoria Simoni, Marina Souza and Ana Beatriz Borges.
