Souza Cescon advises on giant Brazilian public offering
Souza, Cescon Avedissian, Barrieu e Flesch - Advogados has acted as transaction counsel on a R$2.16-billion (approx US$908.7 million) public offering for the special purpose project company NovaMarlim Petróleo SA. Combining the three instruments used (shares, convertibles and debentures), the financing, closed in December, is the largest public offering ever made in the domestic capital markets in Brazil, according to the firm.
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