Machado Meyer, Martins Advogados, Mattos filho, Veiga Filho, Marrey Jr e Quiroga, Cuatrecasas, Pérez Alati, Grondona, Benites & Arntsen and Marval O’Farrell Mairal advised on the transaction



InterCement Group executed a debenture issuance by InterCement Participações and InterCement Brasil in an aggregate principal amount of BRL 4.7 billion (equivalent to approximately 910 million US Dollars), to refinance its existing outstanding loans and debentures scheduled to mature from 2020 until 2024.



This represents an additional and important step of the Group’s comprehensive liability management plan, together with the October 2017 IPO of Loma Negra CIASA, our subsidiary in Argentina, and the January 2018 sale of its assets in Portugaland Cape Verde.



These two new debentures will strengthen the balance sheet of the InterCement Group, by allowing the Group to lengthen its scheduled debt amortization, with principal payments commencing in 2023 and final maturity in May 2027.



Banco Bradesco, Banco do Brasil and Banco Itaú acted as coordinators on the offering.



Pérez Alati, Grondona, Benites & Arntsen advised the banks with Santiago Daireaux, Tomás Fernández Madero and Guido Meirovich.



Mattos filho, Veiga Filho, Marrey Jr e Quiroga Advogados advised Intercement with Frederico Kerr Bullamah, Thaís Gurjão Rodrigues.



In Spain, Cuatrecasas advised Intercement Trading e Inversiones, S.A. with Luis Güell, Juan María Varela, Ana María Gamazo, Manuel Follía, Javier Juste, Alejandro Bruzon, Sara Mondelo. Abogados Rosa Vega, Marcos Fariña and Javier Rodríguez Alonso.



In Austria, Grama Schwaighofer Vondrak Rechtsanwälte advised InterCement Group with Wolfgang Freund and Mirza Benca.



In Argentina, Marval O’Farrell Mairal advised Intercement with Diego Krischcautzky.



Candido Martins Advogados advised Banco Bradesco, Banco do Brasil and Banco Itau with Renata Simon.



Machado, Meyer, Sendacz e Opice advised Banco Bradesco, Banco do Brasil and Banco Itau with Bruno Janikian Racy, Adriano Schnur Gabriel Ferreira, Jessica Kaori Konishi, Luís Filipe Gentil Pedro and Roberto Kerr Cavalcante Bonometti



Perez Alati, Grondona, Benites & Arntsen advised the banks with Santiago Daireaux, Tomás Fernández Madero and Guido Meirovich.



In Spain, Linklaters advised the banks with Pedro de Rojas and Francisco Sainz.



Involved fees earner: Renata Simon – Candido Martins; Alejandro Bruzon – Cuatrecasas; Manuel Follía – Cuatrecasas; Ana María Gamazo – Cuatrecasas; Luis Güell – Cuatrecasas; Javier Juste – Cuatrecasas; Sara Mondelo – Cuatrecasas; Juan María Varela – Cuatrecasas; Rosa Vega – Cuatrecasas; Mirza Benca – Grama Schwaighofer Vondrak Rechtsanwälte GmbH ; Wolfgang Freund – Grama Schwaighofer Vondrak Rechtsanwälte GmbH ; Pedro de Rojas – Linklaters; Francisco Sainz-Trápaga – Linklaters; Luis Filipe Gentil Pedro – Machado Meyer Advogados; Roberto Kerr Cavalcante Bonometti – Machado Meyer Advogados; Jessica Kaori Konishi – Machado Meyer Advogados; Bruno Racy – Machado Meyer Advogados; Adriano Schnur Gabriel Ferreira – Machado Meyer Advogados; Diego Krischcautzky – Marval, O’Farrell & Mairal; Thaís Gurjão Rodrigues – Mattos filho Veiga Filho Marrey Jr & Quiroga; Frederico Kerr Bullamah – Mattos filho Veiga Filho Marrey Jr & Quiroga; Santiago Daireaux – Pérez Alati, Grondona, Benites & Arntsen; Tomás Fernández Madero – Pérez Alati, Grondona, Benites & Arntsen; Guido Meirovich – Pérez Alati, Grondona, Benites & Arntsen;



Law Firms: Candido Martins; Cuatrecasas; Grama Schwaighofer Vondrak Rechtsanwälte GmbH ; Linklaters; Machado Meyer Advogados; Marval, O’Farrell & Mairal; Mattos filho Veiga Filho Marrey Jr & Quiroga; Pérez Alati, Grondona, Benites & Arntsen;



Clients: Banco Bradesco SA; Banco do Brasil; Banco Itaú; InterCement Brasil SA;

 

 (Global Legal Chronicle - 03/07/2020)