Stocche Forbes and Lobo de Rizzo advise on Mottu issue
Stocche Forbes Advogados and Lobo de Rizzo advised on the 12ˢᵗ issuance of simple unsecured, non-convertible debentures, for public distribution, under automatic registry procedure, pursuant CVM Resolution 160, with firm guarantee of placement, by Vert Companhia Securitizadora.
The debentures were backed by commercial notes issued by Mottu Locação de Veículos. The offering represents yet another step-in raising funds for Mottu Locação, which was intended to fund the acquisition of new motorcycles by the company.
The debentures were also characterized as “Social Debentures” based on the alignment of the issuance of the Commercial Notes with the Social Bonds Framework prepared by Mottu Locação in June 2024.
the transaction value was BRL 400 million.
Stocche Forbes Advogados advised Mottu Locação de Veículos and relied on partner Thadeu Bretas (pictured left); associates Ana Flávia Chaves and Vinícius Menegaldo Balmas.
Lobo de Rizzo advised Banco Modal, Banco Bradesco BBI, Banco Santander (Brasil), Banco Votorantim and Itaú BBA Assessoria Financeira, and relied on partners Gustavo Cunha, Milton Pinatti Ferreira de Souza, senior associate Beatriz Rocha, associate Marina Maia de Souza and André Esses.
