Tauil & Chequer Advogados advises Corsan on the issuance of BRL 1.5 billion in debentures

Tauil & Chequer Advogados in association with Mayer Brown advised Companhia Riograndense de Saneamento (CORSAN) on its 6th debentures issuance, in the amount of BRL 1,5 billion. The issuance was carried out through a public offering of simple debentures, not convertible into shares, of the unsecured type, in two series, coordinated by Itaú BBA, BTG Pactual, XP Investimentos, Safra, Santander Brasil, ABC Brasil Distribuidora, Citibank e Bradesco BBI.
The net proceeds obtained by Corsan will be used for the future payment or reimbursement of expenses, costs, or debts related to investments for the implementation, expansion, and upgrading of water supply and sewage systems in various municipalities in the state of Rio Grande do Sul.
The team was led by partner Luís Montes and included associates Júlia Zarth and Paulo Hirata, all from the Banking and Finance practice.