Localiza Fleet S.A.’s $151 Million Notes Offering


Pinheiro Neto and Souza, Cescon, Barrieu & Flesch advised on the transaction

Localiza Fleet S.A., a fleet renting and management company, is engaged in leasing out cars to corporate companies through contracts on a long-term basis. The company operates as a subsidiary of Localiza Rent a Car S.A.

Localiza Rent a Car SA rents automobiles. The Company, led by Eugenio Pacelli Mattar, Roberto Antonio Mendes, Edmar Vidigal Paiva, Eugenia Maria Rafael De Oliveira, and Heros Di Jorge owns and franchises locations in Brazil and elsewhere in Latin America.

Banco Itaú BBA S.A. acted as Underwriter on the transaction.

Pinheiro Neto advised Banco Itaú BBA S.A. with Ricardo Simões Russo (Picture), Marcos Proença and Marcello Pompilio.

Involved fees earner: Ricardo Simões Russo – Pinheiro Neto; Marcos Saldanha Proenca – Pinheiro Neto;

Law Firms: Pinheiro Neto;

Clients: Itau BBA;