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White & Case Advises Raizen Restructuring
Baker McKenzie, Clifford Chance, Simpson Thacher advise LatAm finance work.
BY LATINVEX STAFF
White & Case is advising the ad hoc group of noteholders (the Ad Hoc Group) in the $19.2 billion extrajudicial reorganization (recuperação extrajudicial) restructuring of Brazil-based Raízen, one of the world’s largest sugar and ethanol producers, and a leading fuel distributor in Latin America; Clifford Chance advised Acelen Renewables, a renewable energy company of Abu Dhabi-based sovereign wealth asset manager Mubadala Capital, on the offtake and feedstock structuring and contracting for its $3 billion renewable fuel project in Brazil; Simpson Thacher advised on the $360 million senior secured green term loan facility for Brazil-based FS Indústria; Baker McKenzie’s New York office represented Mexican information and communication technology company Axtel in connection with a $210 million senior unsecured credit agreement and Clifford Chance and Simpson Thacher advised on multi-currency, senior secured credit facilities to Todoplay, a leading sportswear retailer and the main distributor of Nike products in Peru, Ecuador, Bolivia and Chile.
Keywords: Baker McKenzie, Brazil, Clifford Chance, Finance, Mexico, Simpson Thacher, White & Case
