Vidigal Neto Advogados advised Bemol and Lefosse advised Banco Itaú BBA and Caixa Econômica Federal in Bemol’s second issuance of nonconvertible debentures, in a single series , in the total amount of BRL 250 million, for public offering, pursuant to CVM 160.
The net proceeds raised by Bemol through the issuance will be used to the payment of the company’s short-term debts. The debentures will be secured by fiduciary assignment of credit rights resulting from escrow accounts held by the company wherein the payment of certain credit card transactions, as well as cash collateral, will be deposited and transit.
Vidigal Neto Advogados advised Bemol and relied on partner Rubens Vidigal Neto (pictured left), associates Juliana R. M. Soares and Arthur S. Motoike.
Lefosse acted as counsel to Banco Itaú BBA and Caixa Econômica Federal and relied on partners Bruno Massis (pictured center), Mariana Pollini (pictured right), associate Julia Zarth and assistant Leticia Rogick.
Bemol: Amyr Dib.
Banco Itau BBA: Rafael de Almeida Wong.