Skadden advise on Usiminas issuance
Skadden advised a syndicate of international placement agents and dealer managers in connection with Usiminas International S.à r.l.’s $500 million offering of 7.500% notes due 2032 and concurrent cash tender offer to purchase any and all of the outstanding 5.875% senior notes due 2026. 4
The notes were guaranteed by Usinas Siderúrgicas de Minas Gerais and issued pursuant to Rule 144A and Regulation S.
Skadden relied on corporate partner Filipe Areno (pictured) and associates Karina Cardozo de Oliveira, Vitor Horta, Thiago Mendes (New York) and Eduardo Brito; and tax partner Victor Hollender (New York) and Joshua Lin (New York). All attorneys are located in São Paulo, unless otherwise noted.
Machado Meyer also advised Citigroup Global Markets, Goldman Sachs & Co; Itau BBA USA Securities, J.P. Morgan Securities, UBS Securities, Banco Bradesco BBI, BofA Securities, and relied on partners Bruno Janikian Racy, Luis Filipe Gentil Pedro; lawyer Carolina Maronez Barreto.
Demarest also advised Usiminas and relied on partners Julia Lobo, Luiz Felipe Eustaquio; associates Isabela Bernacchio, Luisa Beatriz da Silva, Murilo Monteleone.
Milbank was also involved at this deal.