Lobo de Rizzo and Machado Meyer act on Solfácil issue
Lobo de Rizzo and Machado Meyer acted on the structuring and public offering, under CVM 160, of 1st series of senior quotas, subordinated mezzanine A quotas, and subordinated mezzanine B quotas, issued by Green Solfácil III Credit Rights Investment Fund (FIDC).
The FIDC was structured by Solfácil Energia Solar Tecnologia e Serviços Financeiros and Banco Itaú BBA.
The FIDC is managed by JGP Gestão de Recursos, and Banco Daycoval acts as the FIDC’s fiduciary administrator. The FIDC’s investment policy is aimed towards the acquisition of credit rights arising from the financing of the purchase of solar energy production equipment. The public offering included the distribution of quotas by Banco Itaú BBA, which acted as lead coordinator.
The transaction value worth BRL 400 million.
Lobo de Rizzo Advogados advised Solfácil Energia Solar Tecnologia e Serviços Financeiros and relied on partner Milton Pinatti Ferreira de Souza (pictured left); associates Vitoria Vidal Serrano and Maria Carolina Martins do Amaral and legal assistnt Aline Ventura Nunes.
Machado Meyer acted as legal advisor to Banco Itaú BBA and relied on partner Thales Tormin Saito (pictured right).
