Tauil & Chequer Advogados and Mayer Brown advise Orizon on R$ 369 million follow-on

Tauil & Chequer Advogados in association with Mayer Brown advised, along with Mayer Brown’s New York and Los Angeles offices, domestic banks BTG Pactual, Santander and XP Investimentos (coordinators) in the public offering (follow-on) of primary and secondary distribution of shares of Orizon Valorização de Resíduos, a company that operates in the waste management business with a sustainable focus, in the amount of R$ 369 million. The shares were publicly offered in Brazil, under the terms of CVM Resolution 160, and with placement efforts abroad with institutional investors in the United States, under Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States and Brazil, in accordance with Regulation S under the Securities Act.

The net proceeds from the primary offering will be used for general corporate purposes and future investments.

The Capital Markets & Securitization team in Brazil was led by partners Rodolfo Tella and Carlos Motta, and included the participation of associates Natália Minotto, Stephanie Carmo, Isabella Toledo, and Thiago Coimbra. The U.S. capital markets team was led by partner David Bakst and senior associate Milena Muradian and included associates James Alford and Jessie Ames.