Octante Securitizadora’s BRL70 Million Agribusiness Receivables Certificates Offering

TozziniFreire Advogados represented Octante and Pitangueiras in the transaction.

The offering involved the issuance of Agribusiness Receivables Certificates (CRA) by Octante Securitizadora S.A. (Octante), a securitization company, backed by agribusiness credit rights represented by instruments of credit issued by Pitangueiras Açúcar e Álcool Ltda. (Pitangueiras).

The issuance encompasses 2 (two) different series of CRA, in the total amount of BRL 70,000,000.00. The maturity date of the CRA is January 23, 2026. 

Founded in 1975, Pitangueiras has a fundamental role in the sugar-energy sector, moving the economy of Pitangueiras-SP and the region in a sustainable way. Pitangueiras is associated with UNICA – Union of the Sugarcane Industry. It has been a member of Copersucar since 2011, with all its sugar and ethanol production delivered for sale.

TozziniFreire Advogados represented Octante and Pitangueiras with a team led by partner Alexei Bonamin (Picture), which included associates Gabriel Prates Gragnani, Leonardo Medeiros Braghetto, and Willian de Barros Pereira.

Involved fees earner: Alexei Bonamin – Tozzini Freire ; Leonardo Medeiros Braghetto – Tozzini Freire ; Gabriel Prates Gragnani – Tozzini Freire ;

Law Firms: Tozzini Freire ;

Clients: Octante Securitizadora; Usina Pitangueiras;

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