Simpson Thacher represents Raízen in US$1.5 billion deal
Simpson Thacher represented Raizen Fuels Finance, Raízen and Raízen Energia in a Rule 144A and Regulation S offering of US$1.0 billion in aggregate principal amount of 6.450% Green Notes due 2034 and US$500.0 million in aggregate principal amount of 6.950% Green Notes due 2054, in each case issued by Raizen Fuels – a wholly owned financing subsidiary of Raízen – and guaranteed by Raízen and Raízen Energia.
Concurrently with the notes offering, the firm represented Raizen Fuels, as the offeror, in connection with the successful tender offer to purchase for cash any and all of its outstanding 5.300% Notes due 2027, guaranteed by Raízen and Raízen Energia. Part of the net proceeds from the notes offering were used for the repurchase of 5.300% Notes due 2027 in the tender offer.
Raízen is one of the leading integrated energy companies in the world, who operates in all stages of the biofuels and renewable energy sector value chain.
Simpson Thacher relied on partners (pictured from left to right) Grenfel S. Calheiros, Paulo F. Cardoso and Jonathan E. Cantor; associate Isabel de Carvalho.
