KLA advised TRX Real Estate FII on the structuring and implementation of a real estate receivables securitization transaction, carried out through the 80th issuance, in a single series, of Real Estate Receivables Certificates (Certificados de Recebíveis Imobiliários – CRI) by Bari Securitizadora S.A., in the total amount of BRL 111,107,629.00. The CRIs were offered through a public offering directed to professional investors, pursuant to CVM Resolution No. 160.
The CRIs were backed by real estate receivables arising from a built-to-suit lease agreement, with Ebazar.com.br Ltda., a company within the Mercado Livre group, acting as tenant. The advance payment of the receivables was used to pay part of the purchase price of the property, for whose acquisition KLA also provided legal counsel.
At KLA, the transaction was led by partner Livia Siviero Huh, with the participation of associates Valnan Claret and Danielly Ribeiro, from the Capital Markets and Real Estate Business practices, as well as associates Carla Fernandes and Verônica Linardi, from the Real Estate practice.