IFLR1000

Rio Oil Finance Trust $600 million 8.2% bond issue

5/4/2018
Asset Backed Securities (ABS)
Select tab

$ 600 million

Announced

5/4/2018

Overview:

  • Rio Oil Finance Trust issued $600 million 8.2% bonds due 2028.
  • The notes are secured by Rio de Janeiro’s future oil and gas royalties.

Rani Mehta - Latin America Editor

Jurisdiction:

Brazil

Deal type:

Asset Backed Securities (ABS)

Practice areas:

Capital markets : Debt
Capital markets : Structured finance and securitisation

Industry sector:

Oil and gas

Firm:
Cescon Barrieu

Party: BNP Paribas (Initial purchaser)

Party: BBVA Securities (Initial purchaser)

Lawyer: Maurício Teixeira dos Santos

Related deals