Simpson Thacher advises Marfrig on $406m senior note offering

Simpson Thacher acted for the dealer managers on a tender offer of senior notes issued by Brazilian food processing company Marfrig Holdings.


The dealer managers were BB Securities, Banco Bradesco BBI, HSBC Securities (USA), Morgan Stanley and Santander Investment Securities on the deal.

Grenfel S. Calheiros, a partner in Simpson Thacher’s Sao Paulo office, led the team advising the dealer managers.

A Simpson Thacher statement said approximately $406.5 million of notes have been validly tendered.

Marfrig Holdings and Marfrig Overseas are wholly owned subsidiaries of Marfrig Global Foods, a multinational company with operations in the food and food service sectors in Brazil and in other locations around the world.

Its activities focus on the production, processing, preparation, sale and distribution of animal protein – including beef, lamb and poultry (chicken and turkey) – and a variety of other food products such as breaded products, “ready-to-eat” meals, fish, frozen vegetables and desserts.

Simpson Thacher advises Marfrig on $406m senior note offering

Ben Cook

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, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © 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