Vert’s $5.8 Million Agribusiness Credit Receivable Certificates Offering


TozziniFreire Advogados advised Rotam do Brasil Agroquímica e Produtos Agrícolas Ltda., while Pinheiro Neto Advogados advised Vert Companhia Securitizadora and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A. on the offering.

Vert Companhia Securitizadora completed the issuance of Agribusiness Receivables Certificates, which raised a total amount of R$ 32,854,000.00 (approximately $5.8 million). The transaction was structured with Rotam do Brasil Agroquímica e Produtos Agrícolas Ltda. as an investor of the subordinated series of the issuance of the agribusiness receivables credit certificates, and backed by diverse agribusiness credit rights due by clients of Rotam.

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

Rotam do Brasil Agroquímica e Produtos Agrícolas Ltda. launched its activities in 2003 and since then has been growing above the market. The company has been evolving with investments in warehouse infrastructure, experimental station, sales team and customer service. Nowadays, Rotam do Brasil has partners who benefit from its agronomic solutions, product quality and the ability to exceed their future expectations. The company is under the leadership of Rotam CropScience, one of the largest operating in the sectors of agricultural defenses, plant nutrition, seeds and animal health. Headquartered in Hong Kong and with a portfolio of its own brands, its products are marketed in more than 60 countries through a network of distributors with entrepreneurial spirit, offering agronomic solutions that add value to its partners.

In-House counsel to Rotam was Eduardo Aguirra.

TozziniFreire Advogados advised Rotam with partners Alexei Bonamin (Picture) and Kenneth Ferreira, and associates Leonardo Medeiros Braghetto and Gabriel Prates Gragnani.

Pinheiro Neto Advogados advised Vert and XP with a team led by partner Tiago A. D. Themudo Lessa, supported by senior associate Rafael Gaspar, associate Vinicius Gonzaga and associate Luis Guilherme Camargo Vergueiro da Silva.

Involved fees earner: Tiago Araújo Dias Themudo Lessa – Pinheiro Neto; Vinicius Gonzaga – Pinheiro Neto; Rafael José Lopes Gaspar – Pinheiro Neto; Luis Guilherme Vergueiro da Silva – Pinheiro Neto; Kenneth Antunes Ferreira – Tozzini Freire ; Alexei Bonamin – Tozzini Freire ; Leonardo Medeiros Braghetto – Tozzini Freire ; Gabriel Prates Gragnani – Tozzini Freire ;

Law Firms: Pinheiro Neto; Tozzini Freire ;

Clients: Rotam do Brasil Agroquímica e Produtos Agrícolas; Vert Securitizadora; XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A.;

Author: Ambrogio Visconti.