Machado Meyer advises Celesc on the issue of debentures worth R$550m
Machado Meyer advised Celesc Distribuição SA, as issuer, and Centrais Elétricas de Santa Catarina SA, as guarantor, on the 4th (Fourth) Issue of Debentures by Celesc
Machado Meyer acted as legal counsel to Celesc in the 4th Issue of Debentures by Celesc Distribuição SA, through which 550,000 simple debentures were issued, not convertible into shares, unsecured, with additional corporate guarantee, in a single series, for public distribution, with restricted distribution efforts, totaling R$ 550,000,000.00
The underwriters were Banco Santander (Brasil) S.A.; Caixa Economica Federal; Banco Itaú BBA S.A.; Banco Safra S.A.; Banco Votorantim S.A.; UBS Brasil Corretora De Câmbio, Títulos E Valores Mobiliários S.A;
Partner Raphael Oliveira Zono (pictured) led Machado Meyer’s work together with lawyers Guilherme Azevedo Ferreira Alves, Helena Daher Rodrigues Moreira, William Half Rizzi Cavalcante Sa.
Stocche Forbes Advogados represented the underwriters.