Several firms advise on the Trident Group’s issuance
Mattos Filho and Clifford Chance advised the initial purchasers; Latham & Watkins and Pinheiro Neto advised the Trident Group on the issuance of 12.500% senior secured notes due 2029 by the Trident Group.
The total amount of US$500 million for the purposes of refinancing all amounts outstanding under the group’s corporate reserve-based lending facility previously taken to fund certain oil and gas related expenditures, acquisitions, and obtaining letters of credit in respect of certain borrowing base assets and for general corporate purposes. The Notes are guaranteed on a senior basis by Trident Energy GP, Ltd. and on a senior subordinated basis by Trident Energy do Brasil Ltda. and other guarantors listed in the offering memorandum.
Pinheiro Neto advised Trident Group and relied on partner Francisco Maranhão (pictured left), counsel Marcos Proença and the associate Carlos Eduardo Aranha.
Mattos Filho advised Citigroup Global Markets Limited, ING Bank N.V., London Branch and Standard Chartered Bank and relied on partners Pablo Sorj (pictured center-left), Natalia De Santis (pictured center-right), Giovani Loss (pictured right) and associates Amanda Muniz, Thaís de Melo Silveira, Elizabeth de Azevedo and Victor Arantes.
