Isec Securitizadora’s $149.4 Million Notes Offering

Pinheiro Neto and Demarest advised on the transaction

Isec Securitizadora executed its offering of Agribusiness Receivables Certificates (CRA) – backed by M. Dias Branco credits – for an aggregated value of $149.4 million in 2 series due 2028 and 2031.

Banco Bradesco BBI, Banco Itaú BBA and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários acted as placing agents on the transaction.

Grupo M Dias Branco is a national leader in manufacture, distributiton and trade of pasta and cookies, also executing wheat milling process, oil refining, fat, margarine and vegetables creams.

Pinheiro Neto advised M. Dias Branco S.A. Indústria e Comércio de Alimentos with Tiago Araujo Dias Themudo Lessa, Fábio Moretti de Góis, Gabriela Kawamura and  Carolina Fernández Vidal.

Demarest advised Banco Bradesco BBI S.A., Banco Itaú BBA S.A. and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A. with a team including Thiago Giantomassi Medeiros (Picture), Denise Lie Okimura and Felipe Eichi Tanabe.

 

Involved fees earner: Felipe Eichi Tanabe – Demarest; Thiago Giantomassi – Demarest; Denise Lie Okimura – Demarest;

Law Firms: Demarest;

Clients: Banco Bradesco BBI S.A.; Banco Itau BBA; XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A.;

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