Pinheiro Neto advises Grupo Casas Bahia on debentures issuance
Pinheiro Neto Advogados and Spinelli Advogados advised Grupo Casas Bahia on its 11th issuance of debentures, structured as a public offering in four series, as part of the company’s capital structure transformation plan. Machado Meyer advised the bookrunners Banco Bradesco BBI and UBS BB.
The offering totaled BRL 2.4 billion and included secured, non-convertible debentures and unsecured debentures convertible into shares. The transaction involved the refinancing of the 10th issuance and resulted in a significant reduction of the issuer’s indebtedness and financial expenses.
Pinheiro Neto Advogados advised Grupo Casas Bahia and relied on partner Joamir Muller Romiti Alves (pictured left), counsel Marcos Saldanha Proença, senior associate Cristina Liu, associate Elena Carvalho Carrasco and junior associate Thiago Bento Cabral.
Spinelli Advogados acted as co-counsel to Grupo Casas Bahia and relied on partner Hiram Pagano, Rafael Miragaia, Andreza Ometto Cury and Adriano Sasseron.
Machado Meyer advised Banco Bradeso BBI and UBS BB Corretora de Câmbio, Títulos e Valores Mobiliários and relied on partners Gustavo Secaf Rebello (pictured right), Adriano Schnur, Antonio Augusto S. Bruni, Diego De Souza Aguiar, Fernanda Cury Messias, lawyers Ana Carolina Carpegiani Peyres Neves, Felipe Figuerola Tenerelli, Giulio Benedetti, Guilherme Amaral Carneiro, Pedro Henrique Natucci Barreiros and Renata Augusto Passos.
