PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
São Paulo, S.P., 05429-900
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1)__.
in paper as permitted by Regulation S-T Rule 101(b)(7)__.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
registrant in connection with Rule 12g3-2(b):
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO – SABESP
Publicly-Held Company
Corporate Taxpayer’s ID: 43.776.517/0001-80
Company Registry (NIRE): 35.300.016.831
Rua Costa Carvalho, 300
MATERIAL FACT
Companhia de Saneamento Básico do Estado de São Paulo – Sabesp (“SABESP” or “Company”), pursuant to the provisions of Instruction 358, of January 3, 2002, issued by the Brazilian Securities and Exchange Commission (“CVM”), as amended, hereby informs its shareholders and the market in general that SABESP’s Board of Directors, at the meeting held on October 25, 2012, approved the 16th issue of simple, unsecured and non-convertible debentures, in a single series, for public distribution, with restricted placement efforts, in accordance with CVM Instruction 476, of January 16, 2009, as amended, (“CVM Instruction 476”), in the total amount of R$500,000,000.00 (five hundred million Brazilian reais) (“Debentures” and Offering”, respectively).
The structuring and distribution process is being undertaken by a consortium of financial institutions, with BB-Banco de Investimento S.A. acting as the lead manager and Banco Bradesco BBI S.A. acting as the joint book runner. The Offering will exclusively target qualified investors and will be presented to a maximum of fifty (50) qualified investors, though the Debentures may only be subscribed by a maximum of twenty (20) qualified investors, as set forth in Article 3 of CVM Instruction 476.
The proceeds from said offering will be allocated to settle the Company’s financial obligations in 2012/2013.
São Paulo, October 30, 2012
Rui de Britto Álvares Affonso
Chief Financial Officer and Investor Relations Officer
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Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
| By: | /s/ Rui de Britto Álvares Affonso
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Name: Rui de Britto Álvares Affonso
Title: Chief Financial Officer and Investor Relations Officer |
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This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.