06 Nov 2025

TozziniFreire and Lefosse advise on Athena Saúde BRL 1 billion debenture issuance

"TozziniFreire advised issuer Athena Saúde and Lefosse advised the underwriting banks on Athena’s fourth issuance of single unsecured debentures totaling BRL 1 billion, publicly offered through Itaú BBA, Banco Citibank, Banco Santander (Brasil), UBS BB, Caixa Econômica Federal and Banco Votorantim."

TozziniFreire acted as Brazilian counsel to issuer Athena Saúde, and Lefosse advised the group of underwriters involved in the transaction. The transaction comprised the fourth issuance of single unsecured debentures by Athena Saúde in the aggregate amount of BRL 1 billion. The debentures were publicly offered through the underwriting syndicate formed by Itaú BBA Assessoria Financeira, Banco Citibank, Banco Santander (Brasil), UBS BB Corretora de Câmbio, Títulos e Valores Mobiliários, Caixa Econômica Federal and Banco Votorantim. Athena Saúde is one of the country’s largest vertically integrated healthcare companies by number of beneficiaries, according to ANS data, offering health and dental plans and operating its own network of services including hospitals, medical centers and urgent care units. TozziniFreire acted as Brazilian counsel to Athena Saúde with a team composed by: partner Daniel Laudísio; associates Marina Maia de Souza and Marisa Bastos Pujol; and intern João Guilherme Echeverria Peralta. Lefosse advised the underwriters (Itaú BBA Assessoria Financeira, Banco Citibank, Banco Santander (Brasil), UBS BB Corretora de Câmbio, Títulos e Valores Mobiliários, Caixa Econômica Federal and Banco Votorantim) with a team composed by: partner Ricardo Prado; counsel Pedro Cruciol; associates Isabela Magalhães and Luisa Mourão; and intern Lucas Teixeira.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.