Tauil & Chequer act in Simpar’s R$ 850 million debenture issue
Tauil & Chequer Advogados associated with Mayer Brown acted as deal counsel in the structuring of the 6th issue of debentures by Simpar, a Brazilian holding company that operates in the logistics, mobility, sanitation, concessions and financial services sectors.
The R$850 million offering was subject to public distribution, pursuant to CVM Instruction 476, and was conducted in a single series of 850 thousand debentures with a unit value of R$1 thousand. The resources obtained will be used, among other purposes, to reinforce the company’s working capital.
The team was led by partner Bruno Cerqueira (pictured), together with associate Flavia Biagiotti, both from the Capital Markets & Securitization area.