Minerva Foods S.A.’s $350 Million Notes Offering

Stocche Forbes, NautaDutilh, Pinheiro Neto and Davis Polk & Wardwell advised on the transaction

Minerva Luxembourg S.A., a wholly owned subsidiary of Minerva S.A., finalized a $350 million aggregate principal amount of its 6.500% senior notes due 2026, guaranteed by Minerva S.A, which constitute an additional issuance of its 6.500% notes due 2026 issued on September 20, 2016. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.

HSBC Securities (USA) Inc., BB Securities Limited, Banco BTG Pactual S.A. – Cayman Branch, Itaú BBA USA Securities, Inc., Merrill Lynch Pierce, Fenner & Smith Incorporated and XP Securities, LLC acted as initial purchasers.

Stocche Forbes advised Minerva Foods S.A. with Guilherme Forbes (Picture), Rana Moraz, Eduardo Pereira and João Pedro Vettorazzo Barbosa Lins.

NautaDutilh advised Minerva Foods S.A. with Greet Wilkenhuysen, Jean-Marc Groelly, Nicolas Bonora, Thibaud Muller and Christophe Martin-Raynaud.

Davis Polk advised the initial purchasers with Manuel Garciadiaz, Rachel D. Kleinberg, Drew Glover, Adela Troconis and James Manzione.

Pinheiro Neto advised the initial purchasers with

Fernando dos Santos Zorzo, Marcello Mammocci Pompilio and Julia Barbosa Campos.

Minerva is one of Brazil’s largest producers of protein products, with a focus on the production and sale of chilled and frozen beef, processed protein products, live cattle and beef by-products.

Involved fees earner: Guilherme Forbes – Stocche Forbes Advogados; Rana Moraz – Stocche Forbes Advogados; Eduardo Diniz Alves Pereira – Stocche Forbes Advogados; Fernando dos Santos Zorzo – Pinheiro Neto; Greet Wilkenhuysen – NautaDutilh; Nicolas Bonora – NautaDutilh; Thibaud Muller – NautaDutilh; Jean-Marc Groelly – NautaDutilh; Christophe Martin-Raynaud – NautaDutilh; Manuel Garciadiaz – Davis Polk & Wardwell; Drew Glover – Davis Polk & Wardwell; Adela Troconis – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell; James Manzione – Davis Polk & Wardwell;

Law Firms: Stocche Forbes Advogados; Pinheiro Neto; NautaDutilh; Davis Polk & Wardwell;

Clients: BTG Pactual; HSBC; Merrill Lynch, Pierce, Fenner & Smith Incorporated; BB Securities Ltd; Itaú BBA USA Securities; Minerva S.A.; XP Securities;

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Author: Ambrogio Visconti.