Cescon Barrieu and Lobo de Rizzo advise on CPFL Energia issue
Cescon Barrieu advised Companhia Jaguari de Energia (CPFL Energia) on its 5th issuance of simple non-convertible, unsecured debentures, in a single series for public distribution, without prior analysis, under the CVM 160, in the total amount of BLR 300 million.
The debentures were guaranteed by CPFL Energia; Itaú BBA Assessoria Financeira; BTG Pactual Investment Banking; Banco Bradesco BBI and Banco BNP Paribas Brasil acted as underwriters, which was advised by Lobo de Rizzo.
The issuer is subsidiary of CPFL Energia, the biggest company in electric power distribution in Brazil. The offering was carried out, simultaneously with other five debenture offers from CPFL Group, totaling BRL 2,949,000,000.00, considering the offers together, which brought additional complexity to the transactions.
Cescon Barrieu relied on partners Daniel Laudisio (pictured left), Mariana Rodrigues Machado Borges (pictured center), associates Dimitrios Constantelos, Gabriel Garcia and interns João Pedro Gaspar, Pedro Cichello.
In-house counsel to CPFL: Guilherme Mariano Miotto.
Lobo de Rizzo Advogados advised the underwriters Itaú BBA Assessoria Financeira, BTG Pactual Investment Banking, Banco Bradesco BBI and Banco BNP Paribas Brasil and relied on partner André Bedim (pictured right), associates Lívia Mascarenhas and Isadora Guimarães.
