Machado Meyer advises on the issuance of debentures of CEMIG
Lobo de Rizzo and Machado Meyer advised on the 9th issuance of debentures, pursuant to CVM 160, of Cemig Distribuição, in the total amount of BRL 2 billion.
The debentures are characterized as “ESG resource use securities – sustainable” and the net proceeds will be used to rebuild the issuer’s cash, comprising the investments made by it in projects related to its Distribution Development Plan – PDD.
The debentures are characterized as “ESG resource use securities – sustainable” and the net proceeds will be used to rebuild the issuer’s cash, comprising the investments made by it in projects related to its Distribution Development Plan – PDD.
Lobo de Rizzo advised CEMIG Distribuição and relied on Maria Costa Neves Machado (pictured left), associate Mariana Modesto Zelmanovits, Marina Aguiar Santini and Gabriel Caramori Caprioli.
Machado Meyer acted as legal advisor to the coordinators, advising Banco Bradesco BBI, Itaú Unibanco, XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários, UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários, and Banco Santander (Brasil) and relied on partner Guilherme Azevedo Ferreira Alves (pictured right); lawyers Andre Figueiredo Diniz, Isabelle Germaine Fernandes Noro Valente, Paulo Estevao Henriques Carneiro de Miranda.
