Valid Soluções’ R$250 Million Debenture Issuance

Veirano Advogados advised Valid Soluções S.A., while Machado Meyer advised Banco Itaú BBA S.A. as underwriter in the transaction.

Valid Soluções S.A. executed the issuance of 250,000 debentures, in the total amount of BRL 250 million for the purpose of amortization, of BRL 250,000,000.00, of the Eighth Issue of Simple Debentures, Non-Convertible into Shares, with Real Guarantee, in Two Series, for Public Distribution with Restricted Efforts.

The issuance of such debentures was guaranteed by an escrow account in which an amount equivalent to 25% of the outstanding balance of the debenture issuance was deposited, as cash collateral. 

Valid is a global technology provider that offers a complete portfolio of solutions in Payment, Mobile, Data and Identity Solutions, as well as Digital Marketing and Digital Certification.

The Veirano Advogados team included Partner Luiz Rafael de Vargas Maluf, Associate Pedro Salgueiro, Associate Levi Custodio Santos, and Associate
Felipe Figuerola Tenerelli.

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

Law Firms: Veirano Advogados;

Clients: Valid Soluciones Tecnológicas S.A.U.;

Valid Soluções’ R$250 Million Debenture Issuance

Veirano Advogados advised Valid Soluções S.A., while Machado Meyer advised Banco Itaú BBA S.A. as underwriter in the transaction.

Valid Soluções S.A. executed the issuance of 250,000 debentures, in the total amount of BRL 250 million for the purpose of amortization, of BRL 250,000,000.00, of the Eighth Issue of Simple Debentures, Non-Convertible into Shares, with Real Guarantee, in Two Series, for Public Distribution with Restricted Efforts.

The issuance of such debentures was guaranteed by an escrow account in which an amount equivalent to 25% of the outstanding balance of the debenture issuance was deposited, as cash collateral. 

Valid is a global technology provider that offers a complete portfolio of solutions in Payment, Mobile, Data and Identity Solutions, as well as Digital Marketing and Digital Certification.

The Veirano Advogados team included Partner Luiz Rafael de Vargas Maluf, Associate Pedro Salgueiro, Associate Levi Custodio Santos, and Associate
Felipe Figuerola Tenerelli.

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

Law Firms: Veirano Advogados;

Clients: Valid Soluciones Tecnológicas S.A.U.;