SAE Towers Brasil Torres de Transmisión Ltda.’s $23.9 Million Bank Guarantees Offering


Demarest Advogados acted as deal counsel

SAE Towers Brasil Torres de Transmisión Ltda. operates as a subsidiary of SAE Towers. SAE Towers is one of the world’s largest producers of steel lattice towers for high-voltage power transmission. With more than double the market share of our closest competitor, SAE Towers is the largest steel lattice producer in the Americas. The company, led by Gus Cedeno, Yasaswy Kothari, Michael D. Miller, Guillermo Luna and Geraldo Wagner Vieira, the company is headquartered in Houston.

Banco Santander (Brasil) S.A., Itaú Unibanco S.A., China Construction Bank (Brasil) Múltiplo S.A. have granted the deal.

Demarest acted as deal cousel with Fabio Braga (Picture), Cleber Cilli and Mateus Maia.

Involved fees earner: Fabio de Almeida Braga – Demarest; Cleber Cilli David – Demarest; Mateus Maia de Souza – Demarest;

Law Firms: Demarest;

Clients: China Construction Bank Corp.; Itaù Unibanco; Banco Santander Brazil; SAE Towers Brasil Torres de Transmisión Ltda.;

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Author: Ambrogio Visconti.