Cescon Barrieu and Lobo de Rizzo act on SABESP debentures issue
Cescon Barrieu Advogados advised SABESP; Lobo de Rizzo Advogados advised the underwriters Banco ABC Brasil S.A., Banco Votorantim S.A. and Banco Safra S.A.
Cescon Barrieu Advogados acted as legal counsel to Companhia de Saneamento Básico do Estado de São Paulo – SABESP in its 30th issue of simple, unsecured, non-convertible debentures, in two series, in the total amount of R$1 billion, for public distribution, with restricted placement efforts, pursuant to Brazilian Securities Commission Instruction 476.
The offering was carried out with Banco ABC Brasil S.A., Banco Votorantim S.A. and Banco Safra S.A. acting as underwriters and was advised by Lobo de Rizzo Advogados.
The proceeds will be used to refinance its financial commitments maturing in 2022 and to replenish and refurbish the company’s cash position.
Cescon Barrieu Advogados advised SABESP, with partners Alexandre Gossn Barreto (pictured left) and Júlia Barreto Lobo Dutra (pictured center) and associate Amanda Sobreira Arêas.
Lobo de Rizzo Advogados advised Banco ABC Brasil S.A., Banco Safra S.A. and Banco Votorantim S.A. and included partner Fabrizio Sasdelli (pictured right), lawyer André Bedim and Lara Magalhães.
