Tauil & Chequer Advogados advises Ambiental Metrosul on its first debentures issuance, worth R$ 300 million

Tauil & Chequer Advogados in association with Mayer Brown advised Ambiental Metrosul, sanitation utility company of the Porto Alegre metropolitan area controlled by Aegea Saneamento, on its first debentures issuance. The issuance was carried out through a public offering of debentures with real guarantee, in a single series, in the amount of R$ 300 million, coordinated by the banks Santander Brasil and Safra.
The net proceeds raised by the Company will be allocated to investments and working capital related to the concession for sanitary sewer services in the concessionaire's operating area.

The transaction was led by partner Luis Montes and supported by associates Wilson Jung and Marcella Castellano, from Banking & Finance.