SNA and Veirano advise on the issuance of CRA by Timbro
Santos Neto Advogados and Veirano advised on the deal involved the issuance of Certificates of Agribusiness Receivables (CRA) by Opea Securitizadora, in the total amount of BRL 100 million, in a single tranche.
The issuance of the CRA was backed by agribusiness receivables resulting from commercial notes issued by Timbro Trading.
Timbro is an international trade platform that stands out for the diversity of its services and approaches. Their broad range of business operations allows them to achieve an impressive scale, covering various sectors and markets around the world. They also operate in the agribusiness sector with a presence throughout the entire production chain, from the origin to the end consumer.
Santos Neto Advogados advised Timbro Trading and relied on partner Matheus Zilioti, Henrique Takeda and senior associate José Gonzalez.
Veirano Advogados advised the underwriters: UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários, One Corporate Assessoria e Consultoria and Banco Daycoval and relied on senior associate Victor Henrique Baptistin, associate Felipe Figuerola Tenerelli, legal assist Vitoria Magno Lucindo Mazetto Bianchi Costa.