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Tauil & Chequer Advogados in association with Mayer Brown advised UBS Brasil Corretora and Banco Santander, as underwriters, on Jalles Machado’s third issuance of debentures. The issuance a single series of 350,000 debentures, with a unit face value of R$ 1,000, totaling R$ 350 million (US $ 67 million). The issuance was carried out through a public offering, under the terms of CVM Rule No. 476 and the debentures were issued with the benefit of Law No. 12.431 (infrastructure debentures). The Capital Markets & Securitization team was led by partner Bruno Cerqueira and included associate Flavia Biagiotti.