Santos Neto guides BRL 200M Fiagro launch for Brazilian agribusiness

What's the deal? Santos Neto AdvogadosDealroom has a profile for this one. Try Dealroom → advised Agro AmazôniaDealroom has a profile for this one. Try Dealroom → on structuring Fiagro Agro Amazônia, a fund dedicated to agribusiness production chains. The transaction covered the fund's first issuance, which totalled BRL 200 million.

How was it structured? The public offering covered senior quotas and Class B mezzanine subordinated quotas, while Class A mezzanine subordinated quotas and junior subordinated quotas were placed privately.

Who was involved? The public offering ran under CVM 160 through the automatic registration procedure, with Banco VotorantimDealroom has a profile for this one. Try Dealroom → acting as coordinating institution. The Santos Neto team was led by partner Matheus Zilioti, with associates Miguel Guardia Favinha, Vitor Batista, and Giovana Bidoia, plus trainee Julia Pedrosa.

The signal: Fiagros — Brazil's investment vehicles for agribusiness chains — continue to draw structured capital, with layered quota classes offering investors a range of risk profiles within a single fund.

Read more: The Latin American Lawyer

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