Monday, 16th July 2012 by Rachel Hall

UK firm Ashurst and Brazil’s Machado, Meyer, Sendacz e Opice Advogados have advised Stein SP Participações, an affiliate of Brazilian oil company Petra Energia, in entering into a secured credit agreement with Citibank.

SNR Denton advised on UK law matters, while Pinheiro Neto Advogados provided Brazilian counsel to Citibank in the US$704 million deal, which closed on 28 June. The credit agreement was secured by a fiduciary assignment of receivables from Petra Energia, which acted as guarantor.

Counsel to Stein Participações and Petra Energia



Partner Nicholas Moore and associate Laura Ho


Machado, Meyer, Sendacz e Opice Advogados

Partners Nei Zelmanovits, Celso Costa and Rafael Carretero, and associate Marcos Jarne

(Latin Lawyer 16.07.2012)

(Notícia na Íntegra)