gustavo rugani, guilherme azevedo, rodolfo tella and carlos motta

Several law firms advise Orizon follow-on worth R$ 369 million

Machado Meyer and Allen & Overy, acted as legal counsel to the selling shareholders in the R$369 million follow-on public offering of shares of Orizon Valorização de Resíduos, a company engaged in waste management with a sustainable focus.

Tauil & Chequer Advogados associated to Mayer Brown advised, together with Mayer Brown‘s offices in New York and Los Angeles, the banks BTG Pactual, Santander and XP Investimentos (coordinators).

The shares were publicly distributed in Brazil, pursuant to CVM Resolution 160, and with placement efforts abroad with institutional investors in the United States, pursuant to Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States and Brazil, pursuant to Regulation S under the Securities Act.

The net proceeds from the primary distribution will be used for general corporate purposes and future investments.

Machado Meyer Advogados relied on led partners Gustavo Rugani do Couto e Silva (pictured top left) and Guilherme Azevedo Ferreira Alves (pictured top right), partner Renato Maggio, lawyers Isabelle Germaine Fernandes Noro Valente and Fernanda Marques Ribeiro.

Allen & Overy also advised Orizon Valorização de Resíduos.

The Tauil & Chequer team in Brazil was led by partners Rodolfo Tella (pictured bottom left) and Carlos Motta (pictured bottom right), and relied on the participation of associates Natália Minotto, Stephanie Carmo, Isabella Toledo and Thiago Coimbra. In the United States, partner David Bakst and associate Milena Muradian led the team composed of associates Marissa Dressor, James Alford, Kevin Winnie, and Jessie Ames.