Simpson Thacher instructed on Marfrig’s bond offering

Simpson Thacher advised the initial purchasers in Marfrig’s $750 million bond offering and concurrent tender offers and consent solicitation.

Marfrig is Brazil´s third largest food processing company. It is headquartered in São Paulo and operates in 22 countries, exporting to over 100. The company is widely considered to be the fourth-largest beef producer in the world.

Partner Grenfel S. Calheiros led the Simpson Thacher team advising BB Securities, Banco Bradesco BBI, HSBC Securities, Morgan Stanley and Santander Investment Securities as initial purchasers of the $750 million offering. The initial purchasers also worked with Pinheiro Netto in São Paulo.

Marfrig instructed Maples and Calder in the Cayman Islands, Linklaters in New York, Lefosse Advogados in São Paulo and Jones Day in the issuance.

Simpson Thacher also represented the same investment banks as dealer managers in connection with the concurrent tender offers and consent solicitation.

Ignacio Abella