Veirano advises on Claro’s BRL 1.5 bi debenture issue
Veirano Advogados advised on the public offering of the 16th issuance of debentures of Claro, on the total amount of BRL 1.5 billion.
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.
The net funds obtained by Claro from the issuance will be fully used to promote the refinancing of the company’s debt, working capital and general corporate uses.
Veirano Advogados act as deal counsel, advising the issuer Claro and the lead underwriter XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários and relied on partner Alberto de Orleans e Bragança (pictured); senior associate Victor Henrique Baptistin, associate Felipe Tenerelli and intern Vitoria Magno Lucindo Mazetto Bianchi Costa.
