Veirano act as deal counsel on the ssuances by Corr Plastik Group
Veirano Advogados advised Itaú BBA Assessoria Financeira and the Corr Plastik Group in the issuances by Corr Plastik Industrial, Corr Plastik Nordeste Industrial, and Corr Plastik Sistemas Plásticos, totaling BRL 90 million, BRL 45 million and BRL 15 million respectively.
The net proceeds obtained by the Issuers from the Issuance will be fully allocated to general investments in the Issuer, as well as in the Corr Group’s economic group.
Corr Plastik is a Brazilian company with over 30 years of history, established as one of the leading brands in the manufacturing of PVC and HDPE pipes and fittings in the country.
The company serves various sectors, including irrigation, building construction, sanitation, gas, drainage, and mining. With three manufacturing units and over 700 employees, Corr Plastik consistently strives to exceed socio-environmental, economic, and quality-of-life experience.
Veirano Advogados act as deal counsel and relied on senior associate Victor Henrique Baptistin (pictured), associates Felipe Figuerola Tenerelli, and intern Victoria Magno.