JBS’s $2.9 Billion Debts optimization agreement

E.Munhoz Advogados and Machado Mayer advised on the transaction

JBS secured an agreement with Banco Bradesco S.A.; Banco do Brasil S.A., Bank of China, Grand Cayman Branch; Bank of China, New York Branch; Banco Santander (Brasil) S.A. and Caixa Econômica Federal in order to optimize its $2.92 Billion debts.

JBS S.A. operates as a processor of a range of meats. The company, led by Jeremiah Alphonsus O’Callaghan, Jose Batista Sobrinho and Eliseo Santiago Perez Fernandez, in 2017 recorded $43.4 Billion revenues.

JBS Group:

E.Munhoz advised JBS group with Carolina Kiyomi Iwamoto and Ana Elisa Laquimia.

Machado Mayer advised Banco Bradesco S.A.; Banco do Brasil S.A.; Bank of China, Grand Cayman Branch; Bank of China, New York Branch; Banco Santander (Brasil) S.A. and Caixa Econômica Federal with Adriano Schnur Ferreira (Picture), Raphael Oliveira Zono and Victor Garkisch

 

Involved fees earner: Carolina Kiyomi Iwamoto – E. Munhoz Advogados; Ana Elisa Laquimia – E. Munhoz Advogados; Adriano Schnur Gabriel Ferreira – Machado, Meyer, Sendacz e Opice; Raphael Zono – Machado, Meyer, Sendacz e Opice; Victor Garkisch – Machado, Meyer, Sendacz e Opice;

Law Firms: E. Munhoz Advogados; Machado, Meyer, Sendacz e Opice;

Clients: JBS S.A.; Bank of China; Banco Bradesco BBI S.A.; Banco do Brasil; Caixa Econômica Federal (CEF); Banco Santander Brazil;

 

Author: Ambrogio Visconti.