Maria Neves Machado and Frederico Moura

Two firms advise on the issuance of Pedra Agroindustrial

Lobo de Rizzo advised the issuer; Stocche Forbes advised the underwriters on the 2nd issuance of simple debentures, non-convertible into shares, pursuant to CVM Resolution 160, of the Pedra Agroindustrial.

The issuance of debentures was carried out in accordance with Article 2 of Law 12,431, Decree No. 8,874 and Ordinance of the Ministério de Minas e Energia No. 61.

All funds raised will be allocated to the investment project for the planting of sugarcane for the company’s ethanol production, characterized by the expansion and recovery of sugarcane fields for ethanol production at the company’s mills located in the cities of Buritizal and Nova Independência, in the State of São Paulo, approved as a priority by the Ministério de Minas e Energia.

Banco Itaú BBA, Banco Safra and Banco BOCOM BBM acted as underwriters. The transaction value was BRL 590 million.

Lobo de Rizzo advised the issuer and relied on partner Maria Costa Neves Machado (pictured left) and associate Marília do Valle Farias.

In-house counsel to Pedra Agroindustrial: Andreia Elisabete Marques and Denise de Lucca.

Stocche Forbes advised the underwriters and relied on partner Frederico Moura (pictured right), associates Paula Lyrio, Leticia Martins, Felipe Montenegro, Lucas Mascarenhas and Gabriela Muradas Pires.

In-house counsel to underwriters:
Itaú BBA: Maria Catarina de Holanda Bessa and Rafael de Almeida Wong.

Safra: Luiza Morelli.

BOCOM BBM: Marcelle Fiorani.