Machado Meyer represents underwriters in BRL1.65bn issue of CRAs through ISEC Securitizadora

Machado Meyer Advogados represented the underwriters in the issuance of BRL 1.65 billion in Certificates of Real Estate Receivables through ISEC Securitizadora

JBS SA a publicly traded company that is among the largest protein producers in the world, approved the issuance of BRL 1.65 billion in Certificates of Real Estate Receivables (CRAs), through ISEC Securitizadora.

The Public Offering of 1st and 2nd series of Agricultural Certificates of Real Estate Receivables from the 28th issue of ISEC Securitizadora S.A. was backed by agribusiness credit rights resulting from the issue of debentures by JBS SA Under the Public Offering, pursuant to CVM Instruction 400, 1,650,000 CRAs from the 1st and 2nd series of the issuer’s 28th issue were subscribed and paid for.

The funds will be used to purchase cattle from rural producers as part of the multinational’s commercial activity.

Machado Meyer represented XP Investimentos Corretora de Câmbio Títulos e Valores Mobiliários S.A., BB-BANCO DE INVESTIMENTO S.A., BANCO SANTANDER (BRASIL) S.A. with the team formed by partners Eduardo Castro (pictured), Karina Tiaki Momose and associates Jéssica de Alencar Araripe, César Henrique Lobeiro.

Lefosse Advogados was a legal consultant for JBS S.A. with partners Ricardo Prado and Bruno Massis, associates Lucas Padilha and Luis Bruno.