Filing Details

Accession Number:
0001193125-22-037574
Form Type:
13G Filing
Publication Date:
2022-02-13 19:00:00
Filed By:
Carlson Capital
Company:
Cosan Ltd (NYSE:CZZ)
Filing Date:
2022-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Carlson Capital 0 0 0 0 0 0%
Asgard Investment Corp 0 0 0 0 0 0%
Asgard Investment Corp. II 0 0 0 0 0 0%
Clint D. Carlson 0 0 0 0 0 0%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1 Exit Filing)*

 

 

Cosan Ltd.

(Name of Issuer)

CL A Common Stock, par value $0.01 per share

(Title of Class of Securities)

G25353107

(CUSIP Number)

December 31, 2021

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. G25353107    Page 2 of 9 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Carlson Capital, L.P.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  0

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of CL A Common Stock

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  0%

12  

  TYPE OF REPORTING PERSON

 

  PN, IA


CUSIP No. G25353107    Page 3 of 9 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Asgard Investment Corp.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  0

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of CL A Common Stock

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  0%

12  

  TYPE OF REPORTING PERSON

 

  CO


CUSIP No. G25353107    Page 4 of 9 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Asgard Investment Corp. II

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  0

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of CL A Common Stock

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  0%

12  

  TYPE OF REPORTING PERSON

 

  CO


CUSIP No. G25353107    Page 5 of 9 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Clint D. Carlson

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  0

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares of CL A Common Stock

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  0%

12  

  TYPE OF REPORTING PERSON

 

  IN


CUSIP No. G25353107    Page 6 of 9 Pages

 

Item 1. (a)

Name of Issuer:

Cosan Ltd.

(b) Address of Issuers Principal Executive Offices:

Av. Juscelino Kubitschek, 13274th floor, São Paulo, SP 04543-000 Brazil

 

Item 2. (a)

Name of Persons Filing:

 

  (i)

Carlson Capital L.P., a Delaware limited partnership (Carlson Capital), which serves as the investment manager to certain private funds and managed accounts (collectively, the Accounts), with respect to the Common Stock directly held by the Accounts;

 

  (ii)

Asgard Investment Corp. II, a Delaware corporation (Asgard II), which serves as the general partner of Carlson Capital, with respect to the Common Stock directly held by the Accounts;

 

  (iii)

Asgard Investment Corp., a Delaware corporation (Asgard), which was the sole stockholder of Asgard II, with respect to the Common Stock directly held by the Accounts as of December 31, 2021. As of January 1, 2022 Asgard is no longer a stockholder of Asgard II and has no beneficial ownership of the Common Stock; and

 

  (iv)

Mr. Clint D. Carlson, a United States citizen (Mr. Carlson), who is the sole stockholder of Asgard and serves as president of Asgard, Asgard II and Carlson Capital,, with respect to the Common Stock directly held by the Accounts. As of January 1, 2022 Mr. Carlson is also the sole stockholder of Asgard II.

The foregoing persons are hereinafter sometimes collectively referred to as the Reporting Persons.

The filing of this statement should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.

 

  (b)

Address of Principal Business Office or, if none, Residence:

2100 McKinney Avenue, Suite 1800

Dallas, TX 75201

 

  (c)

Citzenship:

Carlson Capital is a Delaware limited partnership. Each of Asgard and Asgard II is a Delaware corporation. Mr. Carlson is a United States citizen.

 

  (d)

Title Class of Securities:

CL A Common Stock (the Shares)

 

  (e)

CUSIP Number:

G25353107


CUSIP No. G25353107    Page 7 of 9 Pages

 

Item 3.

If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a)    ☐

Broker or dealer registered under Section 15 of the Act;

 

  (b)    ☐

Bank as defined in Section 3(a)(6) of the Act;

 

  (c)    ☐

Insurance company as defined in Section 3(a)(19) of the Act;

 

  (d)    ☐

Investment company registered under Section 8 of the Investment Company Act of 1940;

 

  (e)    ☒

An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);

 

  (f)    ☐

An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F);

 

  (g)    ☒

A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);

 

  (h)    ☐

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act;

 

  (i)    ☐

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940;

 

  (j)    ☐

A non-U.S. institution in accordance with Section 240.240.13d-1(b)(1)(ii)(J);

 

  (k)    ☐

Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________

 

Item 4.

Ownership:

This Amendment constitutes an exit filing with respect to all Reporting Persons.

A. Carlson Capital:

(a) Amount beneficially owned: 0

(b) Percent of class: 0%

(c)   (i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or direct the vote: 0

(iii) Sole power to dispose or direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 0

B. Asgard II:

(a) Amount beneficially owned: 0

(b) Percent of class: 0%

(c)   (i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or direct the vote: 0

(iii) Sole power to dispose or direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 0

C. Asgard:

(a) Amount beneficially owned: 0

(b) Percent of class: 0%

(c) (i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or direct the vote: 0

(iii) Sole power to dispose or direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 0

D. Mr. Carlson:

(a) Amount beneficially owned: 0

(b) Percent of class: 0%

(c)   (i) Sole power to vote or to direct the vote: 0

(ii) Shared power to vote or direct the vote: 0

(iii) Sole power to dispose or direct the disposition of: 0

(iv) Shared power to dispose or to direct the disposition of: 0


CUSIP No. G25353107    Page 8 of 9 Pages

 

Item 5.

Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [X]

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person:

This item is not applicable.

 

Item 7.

Identification and Classification of Subsidiaries Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

This item is not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

This item is not applicable.

 

Item 9.

Notice of Dissolution of Group.

This item is not applicable.

 

Item 10.

Certification:

Each of the Reporting Persons hereby makes the following certification:

By signing below, each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


CUSIP No. G25353107    Page 9 of 9 Pages

 

SIGNATURE

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

DATED: February 11, 2022

 

CARLSON CAPITAL, L.P.
By:  

/s/ Clint D. Carlson

  Name: Clint D. Carlson
  Title: President
ASGARD INVESTMENT CORP. II
By:  

/s/ Clint D. Carlson

  Name: Clint D. Carlson
  Title: President
ASGARD INVESTMENT CORP.
By:  

/s/ Clint D. Carlson

  Name: Clint D. Carlson
  Title: President
By:  

/s/ Clint D. Carlson

  Name: Clint D. Carlson