Pinheiro Neto and Cescon Barrieu advise on BE8’s CRA issue
Pinheiro Neto advised the company; Cescon Barrieu advised the coordinators on the issuance of Agribusiness Receivables Certificates (CRA) in two series of the 295th issuance of Eco Securitizadora de Direitos Creditórios do Agronegócio, backed by Agribusiness Credit Rights owed by BE8.
The offer relied on considerable efforts to be structured from a regulatory point of view, especially regarding the “future guarantee” structure, even discussed with the Brazilian Securities Exchange Comission (CVM), which highlights its innovative nature.
Furthermore, it was the first CRA of the Company. 73.256 CRA were allocated in the First Series and 126.744 CRA in the Second Series, totaling 200.000 CRA in the global amount of BRL 200 million.
Pinheiro Neto relied on partners Tiago A. D. Themudo Lessa (pictured right), Fernando dos Santos Zorzo (pictured center); associates Renata Gaspar Barbosa Correa, Beatriz Pecci Marani, Marianna Beatriz Diaz Martins de Oliveira, legal assistants Andrey Vishnevsky Fortes, Lucas Consentino and Bruna Machado.
Cescon Barrieu advised Banco Bradesco BBI and BB-Banco de Investimento and relied on partners Daniel Laudisio (pictured center-right), Eduardo Kuhlmann Abrantes (pictured center-right), Marcelo Martins Moura (pictured right), associates Vittoria de Simoni, Ana Beatriz Borges, Gustavo Ferreira da Silva and Fernanda Putrino.
In-house counsel to Banco Bradesco: Rafael Monteiro
Banco do Brasil: Ticiany Yoshida.
