Transmissora Serra da Mantiqueira’s $128.7 Million Green Notes Offering


Lefosse and Machado Meyer advised on the transaction

Transmissora Serra da Mantiqueira (TSM), operating as a subsidiary of Alupar Investimento, executed its offering of $128,7 Million 4,50 % notes due 2044.

Banco Itaú BBA acted as lead manager on the transaction.

Alupar Investimento S.A. provides utility services. The Company generates and transmits electric energy through a network of hydroelectric power plants and transmission lines. Alupar Investimento offers energy services to electricity distributors throughout Brazil, Chile, Peru, and Colombia.

Lefosse advised Transmissora Serra da Mantiqueira S.A. with Ricardo Prado (Picture), Crisleine Yamaji, Lucas Padilha, Leonardo Gaspar, Maria Gama and Breno Alves e Cavalheiro.

Machado Meyer advised Banco Itaú BBA S.A. with Eliana Helena de Gregório Ambrósio Chimenti, Gustavo Secaf Rebello, Andressa Santucci Mileski and Heithor Murakami Dall’Amico.

Involved fees earner: Leonardo Gaspar – Lefosse; Lucas Padilha – Lefosse; Ricardo Prado – Lefosse; Crisleine Yamaji – Lefosse; Eliana Helena de Gregorio Ambrósio Chimenti – Machado Meyer Advogados; Heithor Murakami Dall’Amico – Machado Meyer Advogados; Andressa Santucci Mileski – Machado Meyer Advogados; Gustavo Secaf Rebello – Machado Meyer Advogados;

Law Firms: Lefosse; Machado Meyer Advogados;

Clients: Banco Itau BBA; Transmissora Serra da Mantiqueira;