Tauil & Chequer advises coordinators on CTEEP debenture issue
Tauil & Chequer Advogados in association with Mayer Brown advised UBS Brasil Corretora de Câmbio, Titles and Securities SA and Banco Itaú BBA S.A
The Capital Market practice of Tauil & Chequer Advogados in association with Mayer Brown advised UBS Brasil Corretora de Câmbio, Titles and Securities SA and Banco Itaú BBA SA, as coordinators of the 11th issue of debentures by CTEEP – Companhia de Transmissão de Energia Elétrica Paulista, in the amount of R$950 milion, publicly distributed under the terms of ICVM 476/09 and with incentives provided for in Law 12.431/11.
The debentures were issued in 2 series, maturing in 10 and 18 years, respectively, and were certified as green bonds. The funds raised will be used to make future payments or reimbursement of expenses, expenses or debts, related to the implementation of new electric energy transmission projects held by SPEs controlled by CTEEP, in accordance with the respective ordinances issued by the Ministry of Mines and Energy.
The team was composed of partners Luis Montes (pictured left) and Daniella Monteiro (pictured right), associates Thatiana Siqueira and Anna Gouvea, and intern Beatriz Ferrari.
