Dimed S.A. Distribuidora de Medicamentos’ R$150 Million Debentures Issuance

Veirano Advogados acted as Deal Counsel for Panvel and for the lead coordinator Bradesco BBI on the offering.

Dimed S.A. Distribuidora de Medicamentos (Grupo Panvel) executed its public offering of the 4th issuance of Debentures.

Banco Bradesco BBI S.A. acted as Lead Coordinator – Primary Underwriter for the offering.

Founded in 1967 and headquartered in Rio Grande do Sul, Panvel serves more than 29 million customers a year, mainly in the southern region of Brazil, and is currently involved in three lines of business: the Panvel pharmacy chain, the drugs and hygiene & beauty products distributor Dimed, and the laboratory Lifar. Panvel is the fifth largest retail pharmacy chain in Brazil in terms of revenue, and is well knowed as one of the top pharmacy chains in the south of Brazil, with more than 500 stores located in more than 100 cities in the states of Rio Grande do Sul, Santa Catarina, Paraná and São Paulo.

The Veirano Advogados team included Luiz Rafael de Vargas Maluf, Partner (Picture), Levi Custódio Santos, Associate, and Felipe Tenerelli, Associate.

Dimed S.A. Distribuidora de Medicamentos’ In-house counsel was Cristina do Nascimento.

Involved fees earner: Levi Custódio Santos – Veirano Advogados; Luiz Rafael de Vargas Maluf – Veirano Advogados; Felipe Tenerelli – Veirano Advogados;

Law Firms: Veirano Advogados;

Clients: Bradesco BBI; Dimed S.A. Distribuidora de Medicamentos;