Betânia Lácteos’s $15.7 Million Notes Offering


Pinheiro Neto advised on the transaction

Betânia Lácteos S.A. executed its offering of $15.7 Million 1.85% Notes due 2022. Banco Itaú BBA S.A. and Banco Rabobank International Brasil S.A. acted as underwriters on the offering. Proceeds will be used to finance investment in north-eastern Brazil.

Betania Lacteos S.A. provides milk products. The Company manufactures and distributes wide range of milk products such as yoghurts, desserts, cheese, butter, curd, milk, and other related products.

Pinheiro Neto advised Betânia Lácteos S.A., Banco Itaú BBA S.A. and Banco Rabobank International Brasil S.A. with Ricardo Simões Russo (Picture), Thais Lorenzi Ambrosano, Felipe Morais Assunção, Gabriela Kaneshiro Pereira and Marcos Pimentel de Almeida.

Involved fees earner: Ricardo Simões Russo – Pinheiro Neto; Thais Lorenzi Ambrosano – Pinheiro Neto; Felipe Morais Assunção – Pinheiro Neto;

Law Firms: Pinheiro Neto;

Clients: Betania Lacteos SA;

Author: Ambrogio Visconti.