IFLR1000

Unigel Luxembourg $200 million 10.5% notes issue

1/6/2018
High-yield bond/note issue
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$ 200 million

Announced

1/6/2018

Overview:

  • Unigel Luxembourg has issued $200 million in senior notes.
  • The 10.5% notes are due 2024.
  • Morgan Stanley, UBS Securities and Banco Bradesco have acted as initial purchasers.
  • TMF Brasil Administração e Gestão de Ativos was the collateral agent, while Bank of New York Mellon has acted as trust agent on the offering.
  • The issuer is a producer of chemicals, plastics and packaging materials in Latin America.

Katrin Kostadinova - Data analyst

Jurisdiction:

Luxembourg

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Luxembourg

Industry sector:

Industrials and manufacturing

Firms:
Clifford Chance

Party: Morgan Stanley (Initial purchaser)

Party: UBS Securities (Initial purchaser)

Party: Banco Bradesco (Initial purchaser)

Party: TMF Brasil Administração e Gestão de Ativos (Collateral Agent)

Lawyers: Anja Pfleger Andrade, Anthony Oldfield

Greenberg Traurig

Party: Unigel (Issuer)

Loyens & Loeff

Party: Unigel Luxembourg (Issuer)

Machado Meyer Sendacz e Opice Advogados

Party: Unigel Luxembourg (Issuer)

Pillsbury Winthrop Shaw Pittman

Party: The Bank of New York Mellon (Trustee)

Simpson Thacher & Bartlett

Party: Unigel Luxembourg (Issuer)

Lawyers: Grenfel S Calheiros, Grenfel S Calheiros, Jaime Mercado

TozziniFreire Advogados

Party: Morgan Stanley (Initial purchaser)

Party: UBS Securities (Initial purchaser)

Party: Banco Bradesco (Initial purchaser)

Party: TMF Brasil Administração e Gestão de Ativos (Collateral Agent)

Lawyer: Alexei Bonamin

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