Localiza Fleet’s $77.1 Million Notes Offering


Cescon, Barrieu, Flesch & Barreto and Pinheiro Neto advised on the deal

Localiza Fleet, operating as a subsidiary of Localiza Rent a Car, executed its offering of $77.1 million notes due 2025.

Banco Votorantim acted as led manager on the transaction.

Localiza Rent a Car SA rents automobiles. The Company, led by Eugenio Pacelli Mattar, Mauricio Fernandes Teixeira and Heros Di Jorge, owns and franchises locations in Brazil and elsewhere in Latin America. Localiza Rent a Car SA, in 2008, recorded $1.982 billion revenues.

Cescon, Barrieu, Flesch & Barreto advised Localiza Fleet S.A. and Localiza Rent a Car S.A. with Frederico Viana Rodrigues (Picture), Alice Fulgencio Brandão, Ana Carolina Coelho Chaves and Davi Souza Marques.

Pinheiro Neto advised Banco Votorantim S.A. with Ricardo Simões Russo, Marcos Saldanha Proença, Vittoria Cervantes de Simoni and Gustavo Guedes Araújo.

Involved fees earner: Ana Carolina Coelho Chaves – Cescon, Barrieu, Flesch & Barreto; Alice Fulgêncio Brandão – Cescon, Barrieu, Flesch & Barreto; Davi Souza Marques – Cescon, Barrieu, Flesch & Barreto; Frederico Viana Rodrigues – Cescon, Barrieu, Flesch & Barreto; Vittoria Cervantes de Simoni? – Pinheiro Neto; Ricardo Simões Russo – Pinheiro Neto; Marcos Saldanha Proenca – Pinheiro Neto;

Law Firms: Cescon, Barrieu, Flesch & Barreto; Pinheiro Neto;

Clients: Banco Votorantim; Localiza Fleet S.A.; Localiza Rent a Car SA;

Author: Ambrogio Visconti.