Mundie Advogados, Reed Smith, Clifford Chance and Machado Meyer advised on the transaction

Glencore finalized a $500 million financing with Crédit Agricole Corporate & Investment Bank (CACIB) and Bank of China, London Branch

Proceeds will be used to finance a deal to make a $500 million payment to the mining arm of Brazil's Companhia Siderurgica Nacional (CSN) for iron ore cargoes to be delivered over five years, sources familiar with the matter said.

Reed Smith advised Glencore.

In Brazil, Mundie Advogados advised Glencore International AG with Eduardo Zobaran (Picture) and Paulo Calandrino.

Clifford Chance advised Crédit Agricole Corporate & Investment Bank (CACIB) with Russell Wells and Yemi Adekoya.

In Brazil, Machado Meyer advised Crédit Agricole Corporate & Investment Bank (CACIB) and Bank of China Limited, London Branch with Bruno Janikian Racy, Jessica Kaori Konishi and Natalia Fava de Almeida.

Involved fees earner: Yemi Adekoya - Clifford Chance; Russell Wells - Clifford Chance; Natalia Fava De Almeida - Machado Meyer Advogados; Bruno Racy - Machado Meyer Advogados; Jessica Kaori Konishi - Machado Meyer Advogados; Paulo Inácio Calandrino - Mundie e Advogados; Eduardo Zobaran - Mundie e Advogados;

Law Firms: Clifford Chance; Machado Meyer Advogados; Mundie e Advogados;

Clients: Bank of China; Crédit Agricole Corporate and Investment Bank; Glencore;

Jornalista: VISCONTI, Ambrogio

(Global Legal Chronicle - 16.10.2020)