Investment Fund IV Aumentar Diminuir

Below, we state the summarized conditions of FIDC CESP IV operation – Credit Rights Investment Funds CESP. You can check or download this operation’s prospect by clicking on the link PROSPECTO (in Portuguese):


Type of Operation Credit Rights Investment Funds
Target Audience Pursuant to CVM Instruction 409
Credit Rights Electric Power Purchase Agreements in the Regulated Environment – CCEAR
Risk rating Standard & Poor´s brA-
Date when the Fund was created 03/22/2007
Date of Senior Quotas Issue 06/18/2007
Quotas’ Class and Series 4,000 Senior quotas and 72 Subordinated quotas
Unit value of Senior Quotas R$ 312,500.00
Amount issued as Senior Quotas R$ 1,250,000,000.00
Placement System Firm Commitment
Duration 120 months
Start Date of Amortization 03/07/2008
Redemption Date 05/08/2017
Manager BEM Distribuidora de Títulos e Valores Mobiliários Ltda.
Custodian and Bookkeeping Agent Banco Itaú S.A.
Profitability Parameter DI Rate, added by fixed-interest coupon upon a 252-working day base, as ascertained through bookbuilding process.