Tauil & Chequer advises underwriter on debentures issue by EDP
Tauil & Chequer Advogados in association with Mayer Brown advised UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários S.A., as lead underwriter
Tauil & Chequer Advogados in association with Mayer Brown advised UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários S.A., as lead underwriter, on the third debentures issue by EDP Transmissão SP-MG S.A., in the total amount of BRL 525 million. The issue was carried out by means of a public offering with restricted placement efforts, under the terms of CVM Instruction 476.
The funds raised by the Company were used to repay and implement EDP’s Electricity Transmission Line Project, which consists of transmission facilities located in the States of Minas Gerais and São Paulo, with approximately 375 km in length, subject to Concession Agreement No. 36/2017, and to pay for the debt issues used to implement the project.
The team was led by partners Daniel Gunzburger (pictured left) and Luis Montes (pictured right) and associates Thatiana Siqueira and Beatriz Lavigne and interns Beatriz Ferrari and Giuliana Torelli.
