IFLR1000

Ipiranga Produtos de Petróleo R$944 million CRA issue

7/11/2017
Asset Backed Securities (ABS)
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R$ 944 million

Completed

7/11/2017

Overview:

  • Ipiranga Produtos de Petróleo, a fuel distribution company, has undertaken a R$944 million CRA (agribusiness receivables) issue.
  • The company has issued 944,077 certificates.
  • Ultrapar Participações guaranteed the notes. 
  • Banco Itaú BBA, Banco Bradesco, Banco de Investimento, Banco Santander and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários acted as underwriters. 

 Katrin Kostadinova - Data analyst 

Jurisdiction:

Brazil

Deal type:

Asset Backed Securities (ABS)

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

Brazil

Industry sector:

Oil and gas

Firm:
Demarest Advogados

Party: Banco Itaú (Underwriter)

Party: Banco Bradesco (Underwriter)

Party: Banco de Investimentos (Underwriter)

Party: Banco Santander (Underwriter)

Party: XP Investimentos Corretora de Câmbio Títulos e Valores Mobiliários (Underwriter)

Lawyer: Thiago Giantomassi Medeiros

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