Souza, Cescon structures investment-grade bonds for Brazilian utility

Brazilian firm Souza, Cescon Avedissian, Barrieu e Flesch Advogados represented Bank of America Securities LLC as lead underwriter of a US$300-million bond issue by AES Tietê Holdings. AES Tietê Holdings is the controlling shareholder of AES Tietê SA, a Brazilian power generation company created following the privatisation of CESP and ultimately owned by the AES Corporation.