Cescon Barrieu Advogados advised the issuer and the underwriters on the 14th issuance of senior unsecured non-convertible debentures, in single series, for public distribution with restricted placement efforts, of Votorantim Cimentos, in the total amount of R$ 1 billion.
The underwriters of the offering were UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários as lead and Banco Itaú BBA.
Votorantim Cimentos is part of the Votorantim Group, wich is owned by 9 operators with a portfolio of operations in strategic sectors of the economy, as – cement, metals and mining, steel, energy, orange juice and finance – which is currently present in 19 countries, in 5 continents. Each of the operators makes up the business which, in all, houses 515 operating units and employs more than 34 thousand people. The amount of BRL 1,000,000,000.00 raised through the Offering will be used for various corporate purposes, including liability management and repuchase of oustanding senior notes.
Cescon Barrieu relied on partner Daniel Laudisio (pictured); associate Dimitrios Contantelos, legal assistant Guilherme Bezerra and interns Luana Chulam and Gustavo Sauma.