Companhia Energética de Pernambuco – Celpe’s $127.6 Notes Offering


Machado Meyer and Lobo de Rizzo advised on the transaction

Companhia de Eletricidade do Estado da Bahia S.A. – Coelba, operating as subsidiaries of Neoenergia S.A., executed the offering of $178.7 million notes.

BB-Banco de Investimentos S.A. and Banco Bradesco BBI S.A. acted as underwriters on the offering.

Companhia Energética de Pernambuco – Celpe engages in the transmission and distribution of electric energy in Brazil. It serves approximately 3.6 million customers. The company was founded in 1965 and is based in Recife, Brazil

BB-Banco de Investimentos S.A. and Banco Bradesco BBI S.A. acted as underwriters on the offering.

Machado Meyer advised Companhia Energética de Pernambuco with Ivandro Maciel Sanchez Junior (Picture), Adriano Schnur Gabriel Ferreira, Paulo Markossian Nunes, Pedro Perez Junqueira Sampaio Meirelles and Renan Valverde Granja.

Lobo de Rizzo advised BB-Banco de Investimentos S.A. and Banco Bradesco BBI S.A. with Caio Cossermelli, Gabriela Menten and Beatriz Rocha.

Involved fees earner: Caio Cossermelli – Lobo & de Rizzo; Beatriz Rocha – Lobo & de Rizzo; Gabriela Scatolini Menten – Lobo & de Rizzo; Paulo Markossian Nunes – Machado Meyer Advogados; Pedro Pérez Junqueira Sampaio Meirelles – Machado Meyer Advogados; Ivandro Maciel Sanchez Junior – Machado Meyer Advogados; Adriano Schnur Gabriel Ferreira – Machado Meyer Advogados; Renan Valverde Granja – Machado Meyer Advogados;

Law Firms: Lobo & de Rizzo; Machado Meyer Advogados;

Clients: Banco Bradesco BBI S.A.; BB Banco de Investimentos S.A; Companhia Energética de Pernambuco; Neoenergia S.A.;

Author: Ambrogio Visconti.