Pinheiro Neto and Demarest act on SLC Agrícola’s CRA issue
Pinheiro Neto advised SLC Agrícola and Fazenda Pioneira Empreendimentos Agrícola on the issuance of Agribusiness Receivables Certificates (CRA) in three series of the 203rd Issuance of Virgo Companhia de Securitização, backed by Agribusiness Credit Rights owed by SLC Agrícola and Fazenda Pioneira Empreendimentos Agrícola.
The offer had 202,174 CRA of the First Series, 84,901 CRA of the Second Series, and 803,511 CRA of the Third Series, in the total of 1,090,586 CRA in the total amount of BRL 1,090,586,000.00.
Pinheiro Neto relied on partner Thiago A. D. Themudo Lessa (pictured left), associate Renata Gaspar Barbosa Correa, Carolina Fernández Vidal, Beatriz Pecci Marani, legal assistant Andrey Vishnevsky Fortes and Ana Beatriz Marques.
Demarest Advogados advised the underwriters Banco Itaú BBA, Banco Safra and Banco Santander (Brasil) and relied on partner Thiago Giantomassi (pictured right), associates Cintia Eguchi, Franco Criez, Lucas Schiavon, Maria Fernanda Archangelo