Demarest Advogados assists Itaú BBA in True Securitizadora’s CRI
Demarest Advogados advised Banco Itaú BBA S.A. in True Securitizadora’s CRI
Demarest Advogados assisted Banco Itaú BBA S.A. in the fund raising through a restricted efforts public offering of True Securitizadora S.A.’s Certificates of Real Estate Receivables, backed by real estate receivables raised from lease agreements of several subsidiaries of Athon Energia S. A. against prime rating companies, such as BRK Ambiental Maranhão S.A., Telefonica Brasil S.A., Águas das Agulhas Negras, Águas Do Imperador S. A, Concessionária Águas De Juturnaiba S.A., and Imifarma Produtos Farmacêuticos E Cosméticos S.A..
The CRI’s were characterized as “Climate Bonds” by Sitawi Finanças do Bem, in accordance with the Climate Bonds Standards Solar Energy Criteria Document and the Climate Bonds Standards Board.
Demarest Advogados had partners Thiago Giantomassi (pictured left), Marc Stalder (pictured centre) and Rosi Costa Barros (pictured right) and associates Denise Lie Okimura, Guilherme Pahl, Isadora Barretto Almeida and Leonardo Cajaiba.
