Luis Montes, Adriano Schnur, Marcelo Lucon

Tauil & Chequer advise Ecovias do Cerrado on issue of debentures

Tauil & Chequer Advogados, in association with Mayer Brown, advised the Ecovias do Cerrado Concessionaire on the public offering of the company’s 2nd issue of debentures, in the total amount of R$640 million.

The offering was aimed at qualified investors and was coordinated by Banco BTG Pactual, XP Investimentos Corretora de Títulos e Valores Mobiliários and UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários, which were advised by Machado Meyer Advogados.

The issue has the tax benefits provided for in article 2 of Law 12.431, of June 24, 2011, so the net funds raised will be earmarked for the company’s infrastructure project considered a priority by the Ministry of Transport.

Tauil & Chequer Advogados team associated with Mayer Brown was led by partner Luis Montes (pictured left) and included associate Camila Spinola and associate Theodoro Scott, all from the Banking and Finance practice.

Machado Meyer Advogados relied on led partners Adriano Schnur (pictured center), Marcelo Lucon (pictured right) and partner Fernanda Cury Messias; lawyers Helena Daher Rodrigues Moreira and Murilo de Morais Rego.