Veirano act as deal counsel on the Claro issuance of debentures
Veirano Advogados act as deal counsel, advising the issuer Claro, and the lead underwriter Banco Itaú BBA on the public offering of the 15th issuance of incentivized debentures of Claro, in the total amount of BRL 2,5 billion.
The entirety of the net proceeds raised by Claro through the issuance of the debentures shall be used exclusively for financing, future payment, or reimbursement of expenses and/or amortization of financing related to the implementation and expansion of Claro’s 5G network system, as well as payment of fees and expenses related to the project costs.
Claro is headquartered in Brazil, and part of the Mexican telecom group América Móvil, being an operator of mobile, satellite-television, landline and broadband telecommunications, serving in Latin America.
Veirano Advogados relied on partner Alberto de Orleans e Bragança (pictured), senior associate Victor Henrique Baptistin, associate Felipe Tenerelli and trainee Vitoria Magno Lucindo Mazetto Bianchi Costa.
