Radar > 249823

Cielo setting up Receivable Fund to raise capital in the market

Cielo prepara Fundo de Investimento em Direitos Creditórios (FIDC) para captar recursos no mercado

Intel ID : 249823
Synopsis

Cielo, a Brazil-based company in the merchant acquiring and payment processing industry in Brazil, structured a new investment fund in credit rights ("FIDC") to accommodate its business of anticipation of receivables to merchants under its acquiring system. Pinheiro Neto acted as deal counsel to Cielo, BB Banco de Investimentos and Banco Bradesco BBI structuring the FIDC and assisting in the offering of the FIDC's quotas to the market, in a total amount of BRL 5 bn.
(content in portuguese)

A Cielo, empresa brasileira da indústria de processamento de pagamentos do Brasil, estruturou novo fundo de investimento em direitos creditórios ("FIDC") para acomodar seus negócios de antecipação de recebíveis a comerciantes sob seu sistema de aquisição. Pinheiro Neto atuou como consultor de negócios da Cielo, do BB Banco de Investimentos e do Banco Bradesco BBI, estruturando o FIDC e auxiliando na oferta das cotas do FIDC no mercado, no montante total de BRL 5 bi.

Bidder

Cielo
Brazil

Advisors

retained

Intel ID 249823
Value EUR 1.341,31m
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Cielo
(31 Dec 2024)
Revenue: EUR 1.607,20m
EBITDA: EUR 451,03m
Net Debt: EUR 1.168,39m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.02 Credit Collections & Related Services
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
10.01.01 BPO/Outsource Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

15.03.99 Other Consumer Durables
15 Consumer Products & Services / 15.03 Consumer Durables

25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

45.02.99 Other Media & Information Services
45 Media, Entertainment & Information Services / 45.02 Media & Information Services

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legal Advisory

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.