Gaia Securitizadora S.A.’s R$40 Million Notes Offering


TozziniFreire Advogados advised Gaia Securitizadora and Campo Rico on the offering.

The offering involved the issuance of BRL 40 Million Agribusiness Receivables Certificates (CRA) by Gaia Securitizadora S.A. (Gaia), a securitization company, backed by debentures issued by Campo Rico Brasil Comércio de Fertilizantes S.A. (Campo Rico).

The issuance involved only one series. The maturity date of the CRA is March 31st, 2021, and in this date the amortization will be paid in a single tranche.

Campo Rico came about in late 2013/early 2014 as a solution for the Brazilian fertilizer sector, which was experiencing very rapid consolidation of the fertilizer distribution segment and in front of the need of large producers and re-sellers to have a large-scale, low-cost supplier of top quality fertilizers in the market.

TozziniFreire Advogados’ team was comprised of Alexei Bonamin (partner; Picture), Marcus Fonseca (associate), Daiane Nunes (associate), Leonardo Medeiros Braghetto (associate), and Gabriel Gragnani (associate).

Involved fees earner: Alexei Bonamin – Tozzini Freire ; Leonardo Medeiros Braghetto – Tozzini Freire ; Daiane Nunes – Tozzini Freire ; Marcus Vinicius Pimentel da Fonseca – Tozzini Freire ; Gabriel Prates Gragnani – Tozzini Freire ;

Law Firms: Tozzini Freire ;

Clients: Campo Rico Brasil Comércio de Fertilizantes S.A. ; Gaia Securitizadora SA;

Author: Ambrogio Visconti.