Machado Meyer act as deal counsel on issuance of IBH I
Machado Meyer acted as a deal counsel advising Banco Itaú BBA and Infraestrutura Brasil Holding I, on the 1srt issuance of commercial notes, in a single series, with real guarantee, for public distribution by automatic distribution registration rite, for professional investors, of IBH I, in the total amount of BRL 319,500,000.00.
The commercial notes are secured by fiduciary assignment of certain subscription bulletins and certain credit rights.
The net funds raised by IBH I, through the commercial notes, will be used to pay the outstanding debt balance under the “Private Instrument of Deed” of the 1st issue of simple debentures from Infraestrutura Brasil Holding I, entered into between IBH I and Vórtx Distribuidora de Títulos e Valores Mobiliários, as well as for the ordinary management of business of IBH I.
Machado Meyer relied on partners Bruno Janikian Racy (pictured left) and Luis Filipe Gentil Pedro (pictured right), lawyer Leticia Walder Antoneli.