Sistema Elite de Ensino S.A.’s $48.12 Million Notes Offering

Cescon Barrieu and Veirano advised on the transation

Sistema Elite de Ensino S.A. execcuted its 1st Public Issuance with Restricted Selling Efforts of Non-Convertible Debentures, with Collateral, regulated by Instruction CVM 476.

Banco Itaú BBA S.A. acted as underwriter on the offering.

Sistema Elite de Ensino S.A. engages in education in Brazil.

Cescon Barrieu advised Sistema Elite de Ensino with a team including Eduardo Kuhlmann Abrantes, Amanda Sobreira Arêas and Isabela Ali Pontual Braga.

Veirano Advogados advised the underwriter on the offering with a team including Daniela Pellegrino Anversa (Picture) and Raisa Reggiori Pereira.

Involved fees earner: Eduardo Kuhlmann Abrantes – Cescon, Barrieu, Flesch & Barreto; Isabela Ali Pontual Braga – Cescon, Barrieu, Flesch & Barreto; Amanda Sobreira Arêas – Cescon, Barrieu, Flesch & Barreto; Daniela Anversa – Veirano Advogados; Raisa Reggiori Pereira – Veirano Advogados;

Law Firms: Cescon, Barrieu, Flesch & Barreto; Veirano Advogados;

Clients: Itaú BBA USA Securities; Sistema Elite de Ensino S.A.;