João Luis de Almeida

Demarest advises PGS Group on bonds issuance

Demarest advised PGS Group, on matters of Brazilian law, on a Norwegian law governed 13.50% senior secured initial USD 450 million bonds issuance, with tap issue option of USD 50 million, with 4-year tenor.

The collateral currently securing the existing senior debt of PGS group has been extended to secure the debt under the Norwegian bonds on a pari passu basis.

Demarest relied on partner João Luis de Almeida (pictured), associates Fausto Muniz Miyazato Teixeira, Livia Borges Leal.

Amanda

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