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LIGHT S.A.
CNPJ/MF Nº 03.378.521/0001-75
NIRE Nº 33.3.0026316-1
PUBLICLY HELD COMPANY
EXTRACT OF THE MEETINGS OF THE SPECIAL SHAREHOLDERS’ MEETING OF
LIGHT S.A., HELD ON OCTOBER 11, 2012, DRAWN UP IN SUMMARY FORM, AS
AUTHORIZED BY §1 OF ARTICLE 130, OF LAW No. 6.404, OF DECEMBER 15,
1976 (“LEI DAS SOCIEDADES POR AÇÕES”) [BRAZILIAN CORPORATE LAW].
1. Date, time and place: October 11, 2012, at 10:30 a.m., held by telephone conference.
2. Participants: The incumbent directors Sergio Alair Barroso, Chairman, Djalma
Bastos de Morais, Humberto Eustáquio César Mota, Raul Belens Jungmann Pinto,
Maria Estela Kubitschek Lopes, José Carlos Aleluia Costa, Rutelly Marques da Silva
and Carlos Alberto da Cruz, as well as the acting deputy directors Marcelo Pedreira
Oliveira and Jálisson Lage Maciel, all participating by telephone conference. There
participated also, by telephone conference, without, however, participating in the voting,
the deputy directors, César Vaz de Melo Fernandes, Carmen Lúcia Claussen Kanter,
Wilson Borrajo Cid and Magno dos Santos Filho. The lawyer Cláudia de Moraes Santos
was invited to act as secretary of the works. There participated also the CEO of the
Company, Paulo Roberto Ribeiro Pinto, as well as the Officers João Batista Zolini
Carneiro and Evandro Leite Vasconcelos.
3. Matters dealt with – Resolutions:
3.2. ACD No.s N-025/2012 e F-021/2012 (Light S.A., Amazônia Energia S.A. and
Norte Energia S.A.) – Postponement of Bridge Loans of BNDES (National Bank for
Economic and Social Development) and Guarantee of Bail – Banco BTG Pactual
S.A., for Norte Energia S.A.
The Board, unanimously, by recommendation of the Finance Committee, approved the
ratification of authorization, as well as ratified the favorable orientation of vote of the
representatives of Light S.A. at the Meeting of the Board of Directors of Amazônia Energia S.A.
which approved and oriented the favorable vote of its representatives at the 25th Meeting of the
Board of Directors of Norte Energia S.A., held on September 18, 2012, which resolved on: 1)
the execution of the second Amendment to the Agreement of Extension of Credit for Financing
by Onlending Contracted with Funds from BNDES, executed on March 12, 2012, between Norte
Energia S.A. (Beneficiary) and Caixa Econômica Federal (Financier), for postponement of the
term of the credit transaction of November 15, 2012 to March 12, 2013, and of the concession
of Non Joint Proportional Corporate Guarantee, through Corporate Guarantee, related to the
obligations of Norte Energia S.A. The Non Joint Proportional Corporate Guarantee with respect
to the Second Bridge Loan of BNDES to Norte Energia S.A., in the total amount of
R$1,500,000,000.00 (one billion and five hundred million reais), tranche whose onlending agent
is Caixa Econômica Federal, shall be granted by Light S.A., limited to 2.49135% of the
Agreement, corresponding to its interest in the capital stock of Norte Energia S.A.; 2) extension
of terms and of the concession of Non Joint Proportional Corporate Guarantee, granted by Light
S.A., limited to 2.49135% of the Agreement (corresponding to its interest in the capital stock of
Norte Energia S.A.), referring to the First Bridge Loan of Banco Nacional de Desenvolvimento
Econômico e Social – BNDES to Norte Energia S.A., in the total amount of R$1,087,812,308.00
(one billion, eighty-seven million, eight hundred and twelve thousand, three hundred and eight
Extract of Minutes of the Special Shareholders Meeting of the Board of Directors of Light S.A., held on
October 11, 2012, at 10h30min (continued).
reais), related to the obligations of Norte Energia S.A. to Banco BTG Pactual S.A. The maturity
of the First Bridge Loan shall be extended from November 15, 2012 to March 12, 2013. In this
case, the Non Joint Proportional Corporate Guarantee, according to the rules of BNDES, shall
be in effect for a further 60 (sixty) days counting from the maturity and, therefore, shall be
extended to May 12, 2013; and orientation of the favorable vote of the representatives of Light
S.A. at the Special Shareholders’ Meeting of Amazônia Energia Participações S.A., which
resolves on the: a) execution of the second amendment to the Agreement of Extension of Fixed
Credit No. 1976212 – Product BNDES Bridge Loan, executed on March 14, 2012, between
Norte Energia S.A. (Beneficiary) and Banco ABC Brasil S.A. (Financier), for postponement of
the term of the credit transaction, from November 15, 2012 to March 12, 2013, and of the
concession of Non Joint Proportional Corporate Guarantee, through Corporate Bail, related to
the obligations of Norte Energia S.A. The Non Joint Proportional Corporate Guarantee referring
to the Second Bridge Loan of BNDES to Norte Energia S.A., in the total amount of
R$300,000,000.00 (three hundred million reais), tranche which has as its onlending agent
Banco ABC Brasil S.A., shall be granted by Amazônia Energia Participações S.A., limited to
9.77% of the Agreement, corresponding to its interest in the capital stock of Norte Energia S.A;
and, b) orientation of the favorable vote of the Director appointed by Amazônia Energia
Participações S.A., that resolves on the execution of the Addenda referring to the fourth
extension of the term of maturity of the First Bridge Loan and of the second extension of the
terms of maturity of the Second Bridge Loan by BNDES to Norte Energia S.A., both from
November 15, 2012 to March 12, 2013, according to ACD No.s N-025 e F-021 of 10.11.2012.
3.3. ACD No. E-058/2012 (Light S.A. and Light ESCO S.A.) – Revision of
investment and schedule of subscription by Consórcio Maracanã Solar.
The Board, unanimously, by recommendation of the Management Committee, resolved:
a) to orient the favorable vote of the representatives of Light S.A. at the Special
Shareholders’ Meeting of Light ESCO – Prestação de Serviços S.A. (“Light ESCO”),
which resolves on the budget of the Project maracanã Solar, in the amount of
R$11,614,642.00 (eleven million, six hundred and fourteen thousand, six hundred and
forty-two reais), whereas R$5,923,467.00 (five million, nine hundred and twenty-three
thousand, four hundred and sixty-seven reais), 51% of the total refer to the investment
by Light ESCO S.A.; and, b) to approve the subscriptions, in Consórcio Maracanã
Solar, of R$2,700,000.00 (two million and six hundred thousand reais), to be effectuated
by 12.31.2012, and of R$1,336,467.00 (one million, three hundred and thirty-six
thousand, four hundred and sixty-seven reais), to be effectuated by 02.28.2012,
according to ACD No. E-058/2012 of 10.02.2012.
I declare that this instrument is an extract of the minutes drawn up in the appropriate book
referring to the meeting of the Board of Directors of Light S.A., held on this date.
Cláudia de Moraes Santos
Secretary
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