TozziniFreire Advogados has advised Unidas on the offering.
Unidas completed its 14th (fourteenth) issuance, in a single series, of simple and nonconvertible debentures, unsecured, with additional fidejussory guarantee, for public offering with restricted placement efforts, pursuant to Instruction No. 476 of the Brazilian Securities and Exchange Commission.
The Issuance in the Brazilian market raised a total amount of R$ 200,000,000.00 and was granted by Locamérica. The offering closed on November 22, 2019.
Banco Bradesco BBI S.A. has acted as the Lead Underwriter.
Unidas is the market leader in fleet rentals in Brazil, with over 80 used car stores, and the second largest car rental company in the country, with more than 230 rental points and an exceeding 110 thousand vehicles at the service of their clients.
TozziniFreire Advogados team was led by partner Kenneth Ferreira (Picture), and also included Leonardo Medeiros Braghetto.
Law Firms: Tozzini Freire ;
Clients: Unidas S.A. ;