Marcelo Winter and Thiago Themudo Lessa

VBSO advises Yara on the issuance of CRA by Eco Securitizadora

VBSO and Pinheiro Neto acted on the issuance of Agribusiness Receivables Certificates (CRA) of the 1st, 2nd and 3rd Series of the 256th issue of Eco Securitizadora de Direitos Creditórios do Agronegócio, backed by Diversified Agribusiness Credit Rights assigned by Yara Brasil Fertilizantes, being 198,870 Senior CRA, 50,668 Mezzanine Subordinate CRA and 3,800 Junior Subordinate CRA.

Vaz, Buranello, Shingaki e Oioli Advogados acted as counsel to Yara Brasil Fertilizantes and relied on partner Marcelo Winter (pictured left).

Pinheiro Neto acted as counsel for the lead underwriter and relied on partner Tiago A. D. Themudo Lessa (pictured right); associates Felipe Eichi Tanabe; Carolina Fernández Vidal; legal assistant Giovanna Bittencourt Mantesso and intern Marianna Beatriz Diaz Martins de Oliveira.