AGD_6_ EMISSÃO_ ATA_ ASSEMBLEIA_eng_rev

ALL – AMÉRICA LATINA LOGÍSTICA S.A.
Corporate Taxpayer’s ID (CNPJ/MF) 02.387.241/0001-60
Corporate Registry ID (NIRE) 41.300.019.886
Publicly-held Company
MINUTES OF THE DEBENTURE HOLDERS’ GENERAL MEETING OF THE
SIXTH ISSUE OF DEBENTURES HELD ON NOVEMBER 4, 2009
1. Place, date and time: On November 4, 2009, 11:30 A.M. at Avenida Pres. Juscelino
Kubitschek, 1455, andar térreo, São Paulo.
2. Call, Agenda and Attendance: regularly called by the Deed of Issue of the Company’s 6th
Public Issue of Debentures (“Deed of Issue”) having the call notice been published on the
editions of October 20, 21 and 22 of the Official Gazette of the State of Paraná; of the
Indústria e Comércio – Curitiba Edition; of the O Dia Newspaper – São Paulo Edition;
and of the Valor Econômico Newspaper – National Edition, to resolve on the following
agenda: (A) the previous approval by debenture holders upon the payment of a premium
by the Company in the amount of 0.5% (zero point five percent) over the unit face value
of the debentures, in case the events included in clause 4.2“(e)” and 4.2. “(v)” in the
debentures Deed of Issue occur without ruling early maturity; (B) joint and simultaneous
amendment to the Deed of Issue in order to extend the Maturity Date, to include the new
amortization dates (clause 3.7), to amend the dates for the payment of debentures interest
rates (clause 3.8.2), as well as to amend the financial limits set forth in clause 4.2. “(v)”.
Should all the amendments aforementioned in item (B) be approved, clause 3.8 of the
Deed of Issue shall be amended in order to increase the debentures remuneration, also
increasing Accrual on DI Rate from one point five percent (1.5%) to two point four
percent (2.4%); and (C) to authorize the debentures’ fiduciary agent to execute together
with the Issuer, an addendum to the deed of issue to include the amendments that may be
approved by the meeting called herein.
3. Attendance: Debenture holders representing 100% of outstanding debentures of the 6th
issuance of debentures of ALL – América Latina Logística S.A. (“Debentures”), as
registered in the Debenture Holders Attendance Book. Additionally, Carlos Augusto
Moreira and Paulo Luiz Araújo Basílio, representatives of the Issuer, Viviane Rodrigues,
representative of the Fiduciary Agency – Planner Trustee DTVM LTDA, and Flávio
Daniel Aguetoni, also attended the meeting.
4. Presiding Board: Chairman, Mr. Luiz Carlos Marinho de Andrade; Secretary, Mrs.
Viviane Rodrigues.
5. Resolutions: Debenture holders representing 100% of the outstanding debentures:
Resolution (A): The debenture holders have authorized the occurrence of the following
events that shall not imply the early maturity of Debentures:
(i)
funds managed and/or administered by BRZ Investimentos
Ltda, a subsidiary of GP Investments Ltd., which is
controlled by Partners Holding Inc. to acquire the interests
currently held by shareholders Latin American Growth
Capital, LLC, Gruçaí Participações S.A. and Emerging
Markets Capital Investments, LLC, all of them
comprising the Company’s controlling group and
investment vehicles of the private equity fund GP Capital
Partners II, L.P., managed and administered by GP
Investments II, which is also controlled by Partner Holding
Inc., pursuant to the Company’s Material Fact dated
October 28, 2008;
(ii)
amendment to the structure of the Company’s controlling
shareholders group, resulting specifically from the transfer,
assignment or disposal of shares held by Advance
Administração e Participações Ltda. and/or Spoornet do
Brasil Ltda. to third party (ies) who on the date of referred
disposal is (are) shareholders of the Company or not;
(iii)
amendment to the structure of the Company’s controlling
group, by force of the conversion of the Company’s
debentures seventh issue (subject-matter of the Material
Fact released by the Company on September 16, 2009),
provided that the Company’s corporate governance remains
unaltered with contractual mechanisms maintaining current
voting percentage of each shareholder composing the
controlling group (except for the amendments deriving
from items “i” and “ii” above) for the election of the Board
of Directors and voting at Previous Meeting; and
(iv)
without adverse effect to resolution B (iv) below, to exceed
the "Net Debt/EBITDA" financial ratio provided for in item
4.2. "(v)" of the Deed of Issue by force of the Issuer’s
investment plan (including its subsidiaries) as long as said
ratio does not exceed three wholes (3). Said authorization
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shall be valid exclusively from December 2009 to March
2011, inclusive.
In consideration of the acceptance of requests by debenture holders, the Company shall pay a
premium in the amount of R$51.73 (fifty one reais and seventy-three centavos) per debenture,
to be paid on November 11, 2009.
Resolutions (B): The following concurrent amendments to the debentures deed of issue were
approved:
(i)
Amendment to the Maturity Date and Debentures
Amortization Terms: Amendment to the maturity date to
July 1, 2014 and extension of the amortization terms, as per
amendments to item 3.7. of the Deed of Issue and
mentioned in the Attachment I hereto;
(ii)
Amendment to Debentures Remuneration: Increase in
the debentures remuneration spread to 2.4% (two point four
percent) p.a., amending item 3.8 of the Deed of Issue, as
mentioned in the Attachment II hereto;
(iii)
Amendment to the Interest Payment Terms: In view of
the amendment to the amortization terms of the
aforementioned debentures, the interest payment schedule
provided for in clause 3.8.2. of the Debentures Deed of
Issue is adjusted according to the new wording mentioned
in the Attachment III hereto; and
(iv)
Amendment to the Chart of Financial Limits: As a result
of the amendment to the debentures amortization term
above, table included in clause 4.2. “(v)” of Debentures
Deed of Issue is amended, as per new wording mentioned
in the Attachment IV hereto.
Resolutions (C): To authorize the Trustee of this issue to practice all the acts necessary to
implement all the aforementioned resolutions, also with powers to execute the amendment to
the Deed of Issue.
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Regarding the resolutions made above, FI Renda Fixa Sergipe Crédito Privado have followed
the vote of the other debenture holders.
6. Closure: Nothing else to be discussed, these present minutes were drawn up, read,
approved and signed by the attending debenture holders and its publication was authorized,
with omission of debenture holders signatures pursuant to the terms of paragraph 2, article
130 of Law 6,404.
São Paulo, November 4, 2009.
This is a free English translation of the original instrument drawn up in the Company’s
records.
____________________________________________
Chairman
Luiz Carlos Marinho de Andrade
____________________________________________
Secretary
Viviane Rodrigues
____________________________________________
ALL - América Latina Logística S.A
Carlos Augusto Moreira - Paulo Luiz Araújo Basílio
____________________________________________
Planner Trustee DTVM LTDA
Viviane Rodrigues
Flávio Daniel Aguetoni
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____________________________________________
Banco de Investimentos Credit Suisse (Brasil) S.A.
Guilherme Marques do Lago
____________________________________________
Banco Votorantim S.A
Frederico Alexandre Glosse
____________________________________________
Banco Itau BBA S.A
Rogério Assaf Gonçalves Freire/
____________________________________________
Banco da Amazônia S.A
Paulo Élcio Machado Mouzinho
____________________________________________
Banco Safra S.A
Liziany Aparecida Koppe
____________________________________________
Banco Safra de Investimento S/A
Fernando Baptista da Cruz
____________________________________________
Banco Itaú S/A
Vanessa Müller
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____________________________________________
Unibanco - União de Bancos Brasileiros S.A
Vanessa Müller
____________________________________________
Banco BNP Paribas Brasil S.A
Mauro Rached Rached
____________________________________________
Special Referenciado DI FIF
Corp Referenciado DI FIF
Ablion Renda Fixa CP - FI
Top Renda Fixa Mix CP LP – FI
Acis Renda Fixa CP – FI
Acantis RF CP FI
Regulus Referenciado DI - FI
Unibanco Top DI FI Referenciado
Unibanco Private Active Fix FI RF CP
Unibanco Institucional DI Referenciado
Unibanco Fix Plus FI Multimercado
Unibanco Active Fix 2 FI Multimercado
Master Viena FI Referenciado DI
Unibanco Priv. Fix Plus FI Multimercado
Unifund Advantage FI Multimercado
Luiz Carlos Marinho de Andrade
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____________________________________________
Safra DI CP FI Referenciado
Safra Executive FI Renda Fixa
Safra Executive 2 FI Renda Fixa
Safra Prev RF - FI RF Previdenciário
Safra Global - FI Multimercado CP
Patrícia Pimenta
____________________________________________
BNP Paribas AVG FI Multimercado CP
Daniela Cristina Gamboa
____________________________________________
FI RF Sergipe - Credito Privado
Fernando Antônio Hadba
____________________________________________
Credit Agricole DI Master FI Referenciado LP
Credit Agricole Obligation FI RF LP
Fábio Roberto Altran
____________________________________________
CSHG Verde Master FI Multimercado
Ricardo Andreoli
CSHG Tamandua FI Multimercado CP
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CSHG Jabeol FI Multimercado CP
CSHG 392 FI Multimercado - CP
CSHG EF FICFI Multimercado
CSHG Brisa FI Multimercado CP
CSHG Octogonal FI Multimercado - CP
CSHG New 511 FI Multimercado CP
CSHG Salvador FI Multimercado CP
CSHG Ranaca FI Multimercado CP
CSHG Mika FI Multimercado CP
CSHG Acauã FI Multimercado CP
Daniel Rodrigues Bravo Caldeira
____________________________________________
FI Fator Max Corporativo RF
FI Fator Extra Multimercado
FI Fator Pirambu Multimercado
FI Fator FACEPI Renda Fixa
Marco Ferreira Orlandi
____________________________________________
Bird FIA Investimento no Exterior
BIRD - FIM CP e Investimento no Exterior
Viper - FI Multimercado - CP
Marcelo Vieira Francisco – Saulo dos Santos Clemente
____________________________________________
HSBC FI RF CP LP Performance
FI Multimercado CP LP Tamandaré
Renato Lazaro Ramos – Carlos Shiguenobu Uema
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____________________________________________
FI Votorantim Absolute Corporate Bonds RF CP
Paulo Giavina Bianchi
____________________________________________
FI Multimercado Centrais SICREDI
FI RF CP Centrais Unicred
Sicredi FI RF Premium LP
MBM Previdência Privada
FI RF CP Unicred Central RJ
FIRF Multimercado Centrais UBR
Sicred FAPI - Fdo de Apos. Prog. Indiv.
Sicred FI Renda Fixa IH Previdencia
Ana Paula de Oliveira Quandt
____________________________________________
Brasil Capital FI Multimercado
Ana Paula de Oliveira Quandt
____________________________________________
Credit Suisse HDI FI RF CP LP
FI Financeiro Multimercado Pericles
Ana Paula de Oliveira Quandt
____________________________________________
Jatoba FI Multimercado
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Ana Paula de Oliveira Quandt
____________________________________________
FI Multimercado Asas Investimento no Exterior CP
JGP Hedge Master FI Multimercado
FI Multimercado Bejoa Investimento no Exterior CP
FI Multimercado Santana Inv. No Exterior CP
FI Multimercado Firenze Investimento no Exterior CP
FI Multimercado Cerejeiras
FI Multimercado Ferrari Invest. Exterior CP
Ana Paula de Oliveira Quandt
____________________________________________
HDI Seguros S.A.
Ana Paula de Oliveira Quandt
____________________________________________
Dibra – FIP
Ana Paula de Oliveira Quandt
____________________________________________
Banco BTG Pactual S.A
Ana Paula de Oliveira Quandt
____________________________________________
Fernando Henrique Cardoso
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Ana Paula de Oliveira Quandt
____________________________________________
Lucia Fernandez Hauptmann
Ana Paula de Oliveira Quandt
____________________________________________
Pedro Pullen Parente
Ana Paula de Oliveira Quandt
____________________________________________
Associação Beneficente Renovar
Cesar Augusto Correa Poppe de Figueiredo
Ana Paula de Oliveira Quandt
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ATTACHMENT I
Clause 3.7. of the Deed of 6th Issue
3.7: “Scheduled Amortization and Maturity Date. The Issuer shall observe the following
amortization schedule of the Debentures Unit Face Value.
Amortization Amount (per Debenture)
R$2,500.00
R$2,500.00
R$2,500.00
R$2,500.00
Amortization Date
July 1, 2011
July 1, 2012
July 1, 2013
July 1, 2014
For all legal purposes, the maturity date of the debentures shall be July 1, 2014, date on
which the Debentures Unit Face Value shall be paid, not amortized yet together with the
remuneration amount (as defined below), eventually due in domestic currency, pursuant to
this Deed.”
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ATTACHMENT II
Clause 3.8. of the Deed of 6th Issue
“The Debentures shall be entitled to a remuneration to earn conventional interest rates,
as of the Issue Date, incurred on their Unit Face Value and established based on the
overnight interbank deposit average rate (extra-group), basis of two hundred and fiftytwo (252) days, calculated and published by CETIP in its Daily Bulletin, available at
http://www.cetip.com.br and in the Valor Econômico newspaper – national edition, or,
in the lack thereof, another newspaper (the “DI Rate”) of widespread circulation,
exponentially accrued of a spread of fifty hundredths per cent (50%) annually (the
“Accrual on DI rate”, DI Rate and the Accrual on DI Rate, jointly referred to as the
“Remuneration”). The Remuneration shall be calculated exponentially and cumulatively
pro rata temporis per business days elapsed, incurring on the Debentures Unit Face
Value as of the Issue Date or the maturity date of the last Capitalization Period (as
defined below), where applicable, until November 4 (forth), 2009, according to the
formula below. As of November 5 (fifth), 2009, the Accrual on DI Rate shall be two
wholes and four hundredths per cent (2.40%), calculated until the date of their effective
payment, according to the formula below”
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ATTACHMENT III
Clause 3.8.2. of the Deed of 6th Issue
“The remuneration shall be due on a semi-annual basis, on the dates defined below
(each payment date of Remuneration, the “Remuneration Payment Date”):
January 1, 2010
July 1, 2010
January 1, 2011
July 1, 2011
January 1, 2012
Debentures Remuneration Payment Date
July 1, 2012
January 1, 2013
July 1, 2013
January 1, 2014
July 1, 2014
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ATTACHMENT IV
Table of Clause 4.2.
2013
December 2009 to March
December 2012
December 2014
Net Debt /EBITDA
<3.00
<2.5
EBITDA / Financial Result
>2.00
>2.00
to
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