Lefosse and Cescon Barrieu advise on Comerc Participações issue

Lefosse advised on the 4th issuance by Comerc Participações of 900,000 non-convertible debentures in single series, in the total amount of BRL 900 millions, pursuant CVM 160, as  amended.

Cescon Barrieu advised BTG Pactual Investment Banking, Banco Itaú BBA, Banco Bradesco BBI, XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários and UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários that acted as the underwriters.

The net proceeds raised by the company through the payment of the debentures will be used, solely and exclusively, for investments, future payment or reimbursement of expenses, expenses or debts, incurred in the period of 24 (twenty-four) months prior to the closing date of the offering, related to implementation and operation of the Hélio Valgas Photovoltaic Generating Plant and implementation and operation of the Solatio Várzea 3 and Solatio Várzea 4 Photovoltaic Generating Plants.

The debentures will be characterized as “Green Debentures”.

Lefosse relied on partner Ricardo Prado (pictured left); associate Julia Zarth, Breno Cavalheiro, Clarice Aiub, Giovanna Furtado and assistant Victoria Fusita.

Cescon Barrieu Advogados advised the underwriters and relied on partner Eduardo Kuhlmann Abrantes, (pictured right) associates Isabella Ali Pontual Braga, Joana Vaz, Isabella Portes and intern Vitor Hugo Mayerhofer.

In-house counsel list:

Comerc Participações: Daniane Carvalho.

BTG Pactual Investment Banking: Felipe Andreu.

Banco Itau BBA: Victoria Costa.