IFLR1000

Raízen Energia $228.24 million CRA offer

18/3/2019
Asset Backed Securities (ABS)
Select tab

R$ 900 million

Completed

18/3/2019

Overview:

  • Raízen Energia, a Brazilian energy company which produces cane sugar and ethanol, placed a CRA (agribusiness-backed receivables) offer worth $228.24 million (R$900 million).    
  • XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários, BB-Banco de Investimento, Banco Bradesco, Banco Itaú, Banco J. Safra and Banco Santander acted as placement agents.

Rani Mehta - Latin America Editor

Jurisdiction:

Brazil

Deal type:

Asset Backed Securities (ABS)

Practice area:

Capital markets : Structured finance and securitisation

Industry sectors:

Energy
Agriculture

Firms:
Demarest Advogados

Party: Raízen Energia (Issuer)

Lawyer: Thiago Giantomassi Medeiros

TozziniFreire Advogados

Party: XP Investimentos Corretora de Câmbio Títulos e Valores Mobiliários (Placing agent)

Party: Bradesco (Placing agent)

Party: BB-Banco de Investimento (Placing agent)

Party: Itau (Placing agent)

Party: Banco J. Safra (Placing agent)

Party: Banco Santander (Placing agent)

Lawyer: Alexei Bonamin

Related deals