Two firms act on Neoenergia Pernambuco’s BRL 1.2 billion issue
Machado Meyer advised the issuer; Lobo de Rizzo advised the underwriters on the 13th issuance of debentures for public distribution, by Companhia Energética do Estado de Pernambuco – Neoenergia Pernambuco. The issue was guaranteed by Neoenergia.
The transaction value was worth BRL 1.2 billion.
For 26 years, Neoenergia has been working to build a more sustainable and affordable electricity model for Brazilians. There are five hydroelectric plants, 44 wind farms and a solar plant. The funds raised through the Issue will be used for future payment or reimbursement of expenses under the Issuer’s Distribution Plan for 2023 and 2024.
Machado Meyer advised Neoenergia and relied on partner Paulo Markossian Nunes, (pictured left), lawyers Bruno Henrique Navas De Carvalho, Marianna Torello Palladino
Lobo de Rizzo advised the underwriter UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários and relied on partner Gustavo Cunha (pictured right), and associates Beatriz Rocha and Isabella Dorigheto Miranda.
