Mattos Filho acts in new public offering by CCR
Mattos Filho has acted as legal counsel to CCR in the 17th issue of its public offering of simple, non-convertible debentures, unsecured, in a single series, under the automatic distribution registration procedure, in the total amount of R$2,250,000,000,000.00.
The issue was carried out in accordance with CVM Resolution No. 160 of 13 July 2022, as amended, under the coordination of UBS Brasil Corretora De Câmbio, Títulos e Valores Mobiliários.
BTG Pactual Investment Banking Ltda., Banco Bradesco BBI, Itaú BBA Assessoria Financeira, and Banco Santander (Brazil) acted as coordinators of the Offering.
The target audience for the Offering consisted exclusively of professional investors. The Company intends to use the funds raised through the Offering for (a) the repayment of the Company’s debts, in particular the optional early redemption of all debentures of the 1st (first) series of the Company’s 16th (Sixteenth) Issue of Simple, Non-Convertible Debentures, of Unsecured Type, in Two Series, for Public Distribution with Restricted Effort, within a term of up to 12 (twelve) months from the Issue Date; and (b) the strengthening of the Company’s cash reserves.
Mattos Filho’s team was led by partners Raphael Saraiva (pictured left) and Marina Anselmo Schneider (pictured right), with the support of associates João Pedro Sathler Braga and Gisele Surkamp.