Machado Meyer and Pinheiro Neto act on Atacadão’s CRA issue

Machado Meyer Advogados acted as legal counsel to Atacadão within the public offering of 1,500,000 agribusiness receivables certificates in three series, of the 76ª issuance of Vert Companhia Securitizadora, backed by agribusiness credit rights of Atacadão arising from private issuance of debentures by Atacadão, in accordance with the Brazilian Securities and Exchange Commission (CVM 60) , as amended, CVM 400, as amended, and other applicable regulations.

Pinheiro Neto Advogados advised Banco Itaú BBA, Banco Bradesco BBI, XP Investimentos Corretora de Câmbio, Títulos d Valores Mobiliários, USB Brasil Corretora de Câmbio, Títulos e Valores Mobiliários on this transaction.

The transaction value was BRL 1,5 billion.

The transaction represented Carrefour Group’ first issue of agribusiness receivables certificates, which had a pioneering backing structure in the market based on models of future sales contracts in the spot modality of agricultural products to be purchased from rural producers. This structure was analyzed and approved by the Brazilian Securities and Exchange Commission within the scope of the transaction.

Machado Meyer advised the issuer and relied on partner Gustavo Secaf Rebello with Alessandra de Souza Pinto and Eliana Chimenti (in the top picture from left to right); lawyers Alexandra Menescal Tupper Palhares, Giuliana Pescarolli Spadoni and
Ralff Barilli.

Pinheiro Neto acted as counsel to the underwriters and relied on partner Tiago A. D. Themudo Lessa (pictured bottom right), Rafael José Lopes Gaspar (pictured bottom left), senior associate Paula Rodrigues, associates Isabelle Valente, Lucas Pinatti Marina, Victor Galembeck A. Miranda, Luiz Fernando Plazza and legal intern Matheus Prospero Girardi.