Stocche Forbes and Lobo de Rizzo advise on SABESP issue
Stocche Forbes Advogados advised SABESP; Lobo de Rizzo acted as counsel of the underwriters in the 33rd issuance of simple unsecured debentures, non-convertible into shares, in three series, with firm guarantee of placement, pursuant to CVM 160, of Companhia de Saneamento Básico do Estado de São Paulo – SABESP, in the total amount of BRL 3,7 billion, providing legal advice to XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários, as lead underwriter, Itaú BBA Assessoria Financeira and Banco Bradesco BBI, as underwriters.
The institutional debentures are simple and its proceeds shall be used for refinancing of financial commitments of the Issuer due in 2025 and/or cash reinforcement.
Stocche Forbes Advogados advised SABESP and relied on partners Thadeu Bretas and Marcos Ribeiro; associados Gabriel Ramalho Medeiros e Julia Laura Batista Fernandes.
Lobo de Rizzo advised XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários, Itaú BBA Assessoria Financeira, Banco Bradesco BBI and relied on partner Maria Costa Neves Machado (pictured), associates Marília do Valle Farias, Maria Massi de Brito and Izabela Oliveira.
