FLH and Dias Carneiro act in LDC’s $40 Million Financing
Dias Carneiro (Brazil) and Clifford Chance advised Proparco – Société de Promotion Et de Participation pour la Coopération Economique, a French subsidiary development agency of Agence Française de Développement (AFD) focused on private sector development, as lender of a USD 40,000,000 facility to Louis Dreyfus Company Sucos (LDC), as Brazilian subsidiary of the Louis Dreyfus group, wich was represented by Franco Leutewiler Henriques Advogados.
The amounts borrowed will support numerous LDC projects and actions to reduce the environmental impact of its Brazilian juice operations, from water treatment and consumption optimization in the context of intensifying droughts, to energy use and emissions reductions. Dias Carneiro has also advised Proparco on the local security agreements.
LDC operates in the juice market for more than 30 years and in more than 70 countries, ranking as one of the three largest juice processors and traders in the world, as well as one of the largest orange and sicilian lemon producers.
Franco Leutewiler Henriques Advogados was LDC’s local counsel and relied on partner Gabriel Leutewiler (pictured left); and associates Larissa Oliveira and Maria Alice Del Ponte Camiña Moreira.
LDC’s in house counsel: Deborah Christina Giacomini Basile.
Dias Carneiro acted as Proparco’s local counsel and relied on partners Thiago Vallandro Flores (pictured center) and Gustavo Junqueira (pictured right), and associates Rodrigo Murussi and Fernanda Savorelli Melhem.
Proparco’s in house counsel: Bruno Grein Del Santoro and Mathilde Villeroy de Galhau
Proparco’s international counsel: Clifford Chance with partner Angela McEwan; counsel David Woolmer; and associates Priyanka Paunrana and Adeline Tsui.
