March 19, 2024

Tauil & Chequer Advogados advises coordinators of Movida Participações’ 13th issuance of debentures worth R$ 800 million

Tauil & Chequer Advogados in association with Mayer Brown advised XP Investimentos, lead coordinator of the operation, as well as Banco Itaú BBA, UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários, and Banco Santander (coordinators) on the public offering of Movida Participações’ 13th issuance of debentures in the amount of R$ 800 million.

The operation was carried out under the terms of CVM Resolution 160, in which there was a distribution under a firm placement guarantee of 800,000 simple debentures, not convertible into shares, of the unsecured type, with an additional fiduciary guarantee.

The team was led by partner Bruno Cerqueira and included associate Ana Luiza Spano Siani and legal assistant Maria Santa Bárbara, all from the Capital Markets & Securitization area.

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