Ricardo Stuber

TozziniFreire advise on CRI issuance of Canal

TozziniFreire have acted as deal counsel in the public offering of Real Estate Receivables Certificates (CRI) of the 67th issuance, in 2 Series, of Canal.

The offering was targeted at qualified investors pursuant to CVM 160, as amend. The transaction value was BRL 50 million. The funds raised in the offering will be used towards to construction and/or refurbishment of the Projects Destination.

TozziniFreire Advogados advised ABC Brasil Distribuidora de Títulos e Valores Mobiliários, Canal Companhia de Securitização, RTDR Participações, holding of EMBRAED Group and relied on partner Ricardo Stuber (pictured), associates Daiane Nunes, Leonardo Medeiros Braghetto, Valnan Claret, Camila Neves de Almeida.