Multiple firms advise on Eldorado USD 500M senior notes
TozziniFreire acted as a Brazilian counsel to Eldorado Brasil Celulose on the issuance and sale of 8.500% senior notes due 2032 in the aggregate principal amount of USD 500 million, by the Eldorado Intl. Finance GmbH, guaranteed by the Cellulose Eldorado Austria GmbH, and publicly offered through Banco Bradesco BBI, Banco BTG Pactual – Cayman Branch, Citigroup Global Markets, BB Securities Limited, Credit Agricole Securities (USA), Itau BBA USA Securities, and Mizuho Securities USA.
The issuance aims, primarily, to the repay Eldorado Brazil’s bilateral debts and represents a highly complex transaction, marked by numerous challenges throughout.
TozziniFreire Advogados advised the issuer and the guarantors and relied on partners Daniel Laudísio (pictured top left), Alexei Bonamin (pictured top right), senior associate Leonardo Medeiros Braghetto, associate Marina Maia de Souza, Marisa Bastos Pujol and interns João Guilherme Echeverria Peralta and Ana Carolina Paniagua.
White & Case (US) advised the same partie relied on partners Donald Elliott Baker, John Pierre Guzman, associates Clara Silva and law clerk Camilo Vasquez.
Machado Meyer Advogados advised the initial purchasers and relied on partners Raphael Zono (pictured bottom left), Marcelo Lucon (pictured bottom right), associates Mario Gomez Carrera Neto, Vitor Pisarro Bradley de Araujo, Julia Gama Ribeiro Leite Saad and trainee Guilherme Carbonari Orlando.
Davis Polk & Wardwell (US) also advised the same partie and relied on partner Manuel Garciadiaz, associate Alexandre Diniz and foreign temporary associate Caio Monteiro de Morais.
