Dias Carneiro advises CAF in the corporate financing to Sanasa
Dias Carneiro Advogados advised CAF, a multilateral development financial institution also known as the Latin American Development Bank, in the corporate financing of up to USD 50 million to Sociedade de Abastecimento de Água e Saneamento-Sanasa, an open capital joint stock company having the municipality of Campinas, in the State of São Paulo, as the majority shareholder, whose corporate objectives relate to water supply (collection, supply, treatment, reservation and distribution of potable water), collection, removal and treatment of domestic sewage in the municipality of Campinas.
The funds borrowed from CAF will support Sanasa’s liquidity needs in connection with its sanitation activities.
Dias Carneiro Advogados relied on partner Thiago Vallandro Flores (pictured) and associates Rodrigo Murussi, Luis Bourg and Maria Lorena Borille de Almeida.
