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Cescon, Barrieu, Flesch & Barreto Advogados

PRAIA DE BOTAFOGO, 228, 15Âș ANDAR – A, 22250-906 RIO DE JANEIRO, RJ, BRAZIL
Tel:
Work +55 21 2196 9200
Email:
Web:
www.cesconbarrieu.com.br

Maurício Teixeira dos Santos

Tel:
Work +55 21 2196 9212
Email:
Web:
www.cesconbarrieu.com.br
Cescon, Barrieu, Flesch & Barreto Advogados

Work Department

Infrastructuring & Project Finance, Insurance, Private Equity, Mergers and Acquisitions, Insolvency and Restructuring, Capital Markets, Banking & Finance

Position

Founding partner

Career

He represents financial institutions, companies and foreign and domestic investment funds, multilateral institutions and other investors in structured & project financing transactions, securitizations, equity and debt securities offerings, securitizations, mergers and acquisitions and debt renegotiations.

Languages

Portuguese, English and German.

Member

Bar Admission: Brazil.

Education

He holds a degree in Law from Universidade de São Paulo (USP), a Master’s degree in Law (LL.M) by Law School of Universität Tübingen, in Germany and a Master of Business Administration (MBA) for Executives by INSEAD (France/Singapore).


Brazil

Banking and finance

Within: Banking and finance

At Cescon, Barrieu, Flesch & Barreto Advogados, the 'partners are always available and fully involved in deals', according to sources. The practice, which is traditionally best known for its expertise in project finance and complex debt restructuring transactions, had an impressive year on the sovereign front. Most notably, Rio de Janeiro-based MaurĂ­cio Teixeira dos Santos advised BB Securities and BNP Paribas on the local aspects of Rio Oil Finance Trust's $600m notes offering, which allowed the State of Rio de Janeiro to repay debts incurred to fund its employees' pension fund. In Sao Paulo, high-profile figure Ronald Herscovici, whose 'knowledge and behaviour towards counter parties are an asset to any client', paired up with Daniel Laudisio, who has ‘an eye for detail’, to advise Suzano Papel e Celulose on a $6.9bn bridge loan facility to fund the acquisition of Fibria - a transaction that represented the largest unsecured acquisition-financing in Brazil to date. In a significant cross-office collaboration, Sao Paulo's Alexandre Gossn Barreto acted alongside Rio de Janeiro-based project finance specialist Rafael Baleroni to act for Deutsche Bank on a $130m loan to GTB-TBG Holdings. Other names to note include Joaquim JosĂ© Aceturi de Oliveira and Ana Paula Calil in Sao Paulo and Rio de Janeiro-based Eduardo Kuhlmann Abrantes.

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Capital markets

Within: Capital markets

Satisfied clients of Cescon, Barrieu, Flesch & Barreto Advogados’ capital markets practice reserve particular praise for its ‘extremely commercial approach’ and ‘great business vision’. In addition to its business sense, the group’s ‘strong availability’ and ‘ability to focus on solutions rather than getting stuck on challenges’ are also held up as significant plus points. A strong performer in both debt and equity deals, the firm enjoys close links with local and multinational banks and corporate issuers. Among its debt highlights, the team advised BB Securities and BNP Paribas on Rio Oil Finance Trust’s $600m notes offering. On the equity front, it advised the underwriters on Hapvida ParticipaçÔes e Investimentos’ high-profile IPO and secondary offering, totalling R$3.4bn. Group co-heads Alexandre Gossn Barreto and Joaquim JosĂ© Aceturi de Oliveira are jointly highlighted as being ‘adept at leading deals’, due to their ability to remain ‘calm and collected at all times, while focusing on priority issues’. Other names to note include ‘savvy deal-maker’ MaurĂ­cio Teixeira dos Santos and ‘stand-out associate’ JĂșlia Lobo, who is an ‘extremely sharp and tireless advocate’. Igor Rego was recently promoted to partner, while Daniel Facó left to join Trench Rossi Watanabe.

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Projects and infrastructure

Within: Projects and infrastructure

Cescon, Barrieu, Flesch & Barreto Advogados stands out for its project finance expertise and recently advised Banco BTG Pactual and ItaĂș BBA on the R$220m project financing of five solar power plants. The team also handles project developments and assisted BNDES with the structuring of two PPP projects for the modernisation, expansion, operation and maintenance of public lighting networks. Practice head MaurĂ­cio Teixeira dos Santos has a 'unique understanding of various aspects of cross-border financing transactions, including issues that are key to driving investor demand as well as rating-agency criteria'. Karin Yamauti Hatanaka is another name to note for project financings.

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Brazil: Energy and natural resources

Electricity

Within: Electricity

The ‘reliable and business-focused’ group at Cescon, Barrieu, Flesch & Barreto Advogados provides an ‘outstanding service’ and -as one satisfied client notes- ‘it is especially creative on corporate issues’; the practice also handles project finance, project development and regulatory matters. Infrastructure specialists Maurício Teixeira dos Santos and Roberto Mario Amaral Lima Neto are the key contacts and together they assisted Enel Group with its R$7.1bn acquisition of power distributor Eletropaulo Metropolitana, which represented the first hostile takeover of a Brazilian electric utility company.

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Hydrocarbons

Within: Hydrocarbons

A historically strong performer in oil-and-gas deals, Cescon, Barrieu, Flesch & Barreto Advogados also attracts praise for its non-transactional practice, with sources commending its ‘breadth of expertise across the oil-and-gas life cycle, including regulatory and antitrust issues’. In a recent example of its growing regulatory prominence, the firm was engaged to advise BNDES on both the structuring of the privatisation of MSGÁS and on the restructuring of the gas distribution regulatory framework in the state of Mato Grosso do Sul. The team, which ‘combines genuine industry specialists with a practical approach’, is led jointly by Rafael Baleroni, who demonstrates ‘in-depth knowledge of key issues throughout the oil-and-gas chain, from downstream to upstream and offshore assets’, and the ‘very responsive and collaborative’ Maurício Teixeira dos Santos.

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