Cescon Barrieu advises on BRL 1.8bn Localiza debenture issue
Cescon Barrieu advised the issuer Localiza Rent a Car, the guarantor Localiza Fleet, and the underwriters UBS BB Corretora de Câmbio, Títulos e Valores Mobiliários, Banco Bradesco BBI, Itaú BBA Assessoria Financeira, Banco Votorantim, and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários on the issuer’s 44th issuance of simple debentures, non-convertible in shares, unsecured, with additional fiduciary guarantee, in a single series in the total amount of BRL 1.8 billion, carried out through a public distribution, under CVM 160. The debentures were guaranteed by the guarantor.
Cescon Barrieu relied on partner Marcelo Moura (pictured), associates Lucas Ubiratan de Oliveira, André Brandão, Gustavo Ferreira da Silva, Filipe Andrade, interns Sérgio Xavier and Giovanna Guimarães.
In-house counsel list
Localiza: Alice Brandão and Vitor Campos
UBS BB: Tamara Oliveira
