Machado Meyer advise on CRA issuance of True Securitizadora
Machado Meyer acted as deal counsel, in connection with the structuring of the public distribution offer of eighty thousand agribusiness receivables certificates (CRA), with a total value BRL 80 million, in two series, of the 83rd issuance of True Securitizadora, pursuant to CVM 160.
The CRA are backed by agribusiness credit rights arising from the public offering for distribution of the 2nd issuance of book-entry commercial notes, in a single series, for public distribution under the automatic registration procedure, of twenty thousand commercial notes, totaling BRL 20 million on the issue date, of Paraná Equipamentos (debtor); and the 3rd private issuance of book-entry commercial notes, in a single series, for the private distribution of sixty thousand commercial notes, totaling BRL 600 million on the issue date, for private distribution by the debtor.
Machado Meyer relied on partners Bruno Janikian Racy (pictured left), Luis Filipe Gentil Pedro (pictured right); lawyers Carolina Maronez Barreto, Antonio Mesquita, Leticia Walder Antoneli.