Davis Polk advised Rumo Luxembourg, as issuer, and Rumo S.A., as guarantor, on a $750 million offering of 7.375% senior notes due 2024.
The notes were issued pursuant to Rule 144A and Regulation S under the Securities Act.
Rumo is based in Brazil and is widely considered the largest intermodal logistics operator in Latin America, focusing on rail transportation, warehousing, operation of terminals and other logistics services.
Davis Polk lawyers in the New York, London and São Paulo offices teamed up for this deal. Partner Manuel Garciadiaz fronted the team.