Gustavo Junqueira

Dias Carneiro advises CMOC Group on pre-export financing transaction

Dias Carneiro Advogados and White & Case LLP advised CMOC Group Limited (CMOC) on a US$600 million bridge and five-year pre-export financing (PXF) arranged by China Construction Bank (Asia) Corporation and provided by a syndicate consisting of People’s Republic of China and international lenders.

This is one of the first PXF transactions by a Chinese mining company and has one of the longest international PXF terms. The term facility is for the primary purpose of financing the export activities of CMOC’s subsidiary in Brazil and is backed by the borrower’s receivables from exports of niobium in connection with CMOC’s niobium assets in Brazil. CMOC Brazil is the second largest producer of niobium in the world and the project is supported by CMOC’s leading beneficiation technology and its own trading network. The deal closed on May 2022.

Dias Carneiro Advogados relied on partner Gustavo Junqueira (pictured), associates Rodrigo Murussi and Luiza De Munno.

White & Case relied on partner David Li, counsel Nathaniel Crowley, associate Cherry Zhou and legal consultant Decheng Zhang.

Dias Carneiro advises CMOC Group on pre-export financing transaction


The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram