Machado Meyer advise Irani on CRA issuance
Machado Meyer Advogados advised Irani Papel e Embalagem on public offering of agribusiness receivables certificates from the 194th issue of Eco Securitizadora de Direitos Creditórios do Agronegócio, backed by agribusiness credit rights owed by Irani Papel e Embalagem, resulting from the issue of debentures, not convertible into shares, in up to two series, unsecured, for public distribution by Irani Papel e Embalagem.
The offering was carried out under the terms of CVM Instruction 400, and 600,000 CRAs were subscribed, in up to two series, for a total amount of BRL 600 million.
Machado Meyer Advogados advise Irani Papel e Embalagem and relied on partner Adriano Schnur (pictured) and lawyers Mariana Ferreira Rodrigues, Marianna Torello Palladino, Rafaela Alencar Gomes, Vitor Pisarro Bradley De Araujo and William Half Rizzi Cavalcante Sa.
Pinheiro Guimarães Advogados advised Banco BTG Pactual, Banco Itaú BBA, Banco Safra, Banco Santander (Brasil), XP Investimentos CTVM, Eco Securitizadora de Direitos Creditórios do Agronegócio, Oliveira Trust distribuidora de Títulos e Valores Mobiliários and relied on partners Plinio Pinheiro Guimarães N., Bruno Lardosa, Carolina Alonso and associates Monique Lassarot e Gabriel Barenco.
