Stocche Forbes and Machado Meyer on Scala Data Centers’ debentures issue

Stocche Forbes advised Scala Data Centers and Machado Meyer advised the coordinators on the second issue of Scala Data Centers’ simple, non-convertible debentures, of the type with collateral, in a single series, for public distribution with restricted efforts, in the total amount of R$ 2 billion.

The issue was made with the objective of financing the company’s expansion, already underway, and in line with sustainable initiatives. It was the largest operation involving an ESG bond in Brazil and the first issue of an ESG bond by a data center company in Brazil. A reference in ESG and the largest Latin American Hyperscale data center player, Scala will invest the proceeds in the sustainable expansion of its infrastructure in Latin America with technologies that optimize its energy efficiency, acquisition, maintenance and operation of facilities with renewable energy, and the verification of green building certifications.

Stocche Forbes Advogados advised Scala Data Centers and relied on partner Henrique Filizzola (pictured left), and associates Victor Manso Roman, Deborah Toledo Florencio, Gabriel Ramalho Medeiros and Victor Arantes de Mattos Neto.

Machado Meyer advised Banco Bradesco BBI, Banco Itaú BBA, UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários, Banco Santander, Banco MUFG Brasil, Deustsche Bank (Brasil)- Banco Alemão, and relied on partners Adriano Schnur (pictured center), and Paulo Markossian Nunes (pictured right), lawyers Fernando Trentin Delarco, Mariana Ferreira Rodrigues.