Machado, Meyer, Sendacz e Opice Advogados and Simpson Thacher & Bartlett LLP have helped Brasil Foods secure a US$500 million dual-currency loan.
Hughes
Hubbard & Reed LLP and Gómez-Acebo & Pombo Abogados in Portugal
assisted the lenders, a group of banks led by Morgan Stanley, Santander and
HSBC, in providing a loan comprising two-tranches: one worth US$454 million and
a second tranche worth €35 million (US$46 million). The loan, which closed at
the end of April, also saw the involvement of Bradesco, Banco do Brasil,
Scotia, Bank of Tokyo, ING, Mizuho, Sumitomo, Standard Chartered, Rabobank,
Credit Agricole, BNP, Bank of China, Bank of Taiwan, Mega International
Commercial Bank, United Taiwan Bank, and Deutsche Bank.
Maples and Calder represented the banks with regards to Cayman
Islands law.
Both Machado Meyer and Simpson Thacher regularly act on capital markets
or corporate issues for Brasil Foods and have assisted the company since its
creation via the merger of two of the
largest Brazilian food companies in 2009, where the firms represented Perdigão
as it joined forces with Sadia.
The firms have gone on to help the company raise US$2.79 billion through a secondary
offering in 2009 and US$750 million through a bond placement in 2010,
among other transactions.
Counsel to Brasil Foods
US
Simpson Thacher & Bartlett LLP
Partner Alan Brenner and Mark Maher in New York and Grenfel Calheiros in São
Paulo
Brazil
Machado, Meyer, Sendacz e Opice Advogados
Partner Nei Schilling Zelmanovits and associates Thales Tormin Saito and
Fernanda Cristina Savino
Cayman Islands
The firm has declined to identify itself
Counsel to the banks
US
Hughes Hubbard & Reed LLP
Partner Amy Dulin and associates Nyana Miller and Ana Spiguel
Portugal
Gómez-Acebo & Pombo Abogados
The firm did not respond to requests for counsel
Cayman Islands
Maples and Calder
Partner Kieran Walsh and associate Finn O’Hegarty
(Latin Lawyer 08.05.2012)
(Notícia na Íntegra)