True Securitizadora S.A.’s $36.9 Million Real Estate Credit Certificates Offering


Stocche Forbes Advogados as counsel to BRZ Empreendimentos e Construções S.A. Souza, Mello e Torres advised XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A. on the transaction

True Securitizadora S.A. executed its Public offering of real estate credit certificates (CRI) backed by private debentures issued by BRZ Empreendimentos e Construções S.A. (BRZ), pursuant to Instruction of the Brazilian Securities and Exchange Commission (CVM) No. 400, of Deceber 29, 2003, Instruction CVM No. 414, of December 30, 2004, and Law No. 9,514, of November 20, 1997.

XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A. acted as lead underwriter.

The funds will be destined to the acquisiton of real estate and/or construction and/or renovation of certain real estate properties by BRZ.

Stocche Forbes Advogados as counsel to BRZ Empreendimentos e Construções S.A. on the deal.

Souza, Mello e Torres advised XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A. with a team including Vitor Henrique Pagani Arantes (Picture) and Fernanda Osman Tatto.

Involved fees earner: Fernanda Osman Tatto – Souza, Mello e Torres; Vitor Arantes – Souza, Mello e Torres;

Law Firms: Souza, Mello e Torres;

Clients: XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A.;