The Court of Rio de Janeiro authorized, this Thursday (10), Vasco to contract a new DIP financing, a type of loan, of up to R$ 150 million. Judge Simone Gastesi Chevrand, of the 4th Business Court of the Capital District, also determined the opening of the auction for 90% of the shares of the new Vasco SAF. The proposals for the purchase of UPI Equity, which represents these 90% of the SAF shares, will be received in sealed form and presented in court on September 25th, at 2 PM, in Brasília time.
The loan of up to R$ 150 million will be contracted from Almirante Participações e Empreendimentos S.A, a company of Marcos Lamacchia, son of José Lamacchia and stepson of Leila Pereira. Marcos Lamacchia is the main interested party in purchasing Vasco's new SAF. The information was initially given by ge and confirmed by GLOBO.
According to the court decision, the credit line of up to R$ 150 million should not be automatically used in its entirety. The use of this financing must correspond to the actual needs of the club, as determined by the judge.
