OI S.A. $1.653 Billion Senior PIK Toggle Notes Offering

BMA – Barbosa, Müssnich, Aragão, Tauil & Chequer (Mayer Brown) and Norton Rose Fulbright advised on the transaction

OI S.A. executed its offering of $1.653 Billion Senior PIK Toggle Notes due 2025.

The offering is part of the restructuring plan of the company.

Oi S.A. offers fixed-line and mobile telecommunications services in Brazil. The Company provides fixed-line and mobile telecommunications, data transmission, and Internet access and other services for residential and business customers. The company is based in Brazil.

Bank of New York Mellon acted as guarantor on the offering.

BMA – Barbosa, Müssnich, Aragão advised OI S.A. with Luiz Antônio de Sampaio Campos (Picture), Rafael Padilha Calabria, Sergio Savi, Anna Carolina de Oliveira Malta, Felipe Evaristo Dos Santos Galea, Rodolfo Constantino de Tella, Cinthia Mamede Achao, Giovanna Podcameni, Felipe Guimaraes Rosa Bon, Christopher de Moraes Araruna Zibordi, Juliana Monnerat and Conrado de Mesquita Rasmussen Chaves.

Tauil & Chequer (Mayer Brown) advised The Bank of New York Mellon with Leonardo Morato, Luciana Celidonio and Olívia Roxo Nobre do Amaral Mesquita.

Norton Rose Fulbright advised The Bank of New York Mellon with Marian Baldwin Fuerst, Howard Seife, Frank Vazquez and Adrienne Sebring.



Involved fees earner: Marian Baldwin Fuerst – Norton Rose Fulbright; Howard Seife – Norton Rose Fulbright; Francisco Vazquez – Norton Rose Fulbright; Adrienne Sebring – Norton Rose Fulbright; Luiz Antonio de Sampaio Campos – Barbosa, Müssnich & Aragào; Rafael Padilha Calábria – Barbosa, Müssnich & Aragào; Rodolfo Constantino de Tella – Barbosa, Müssnich & Aragào; Felipe Guimarães Rosa Bon – Barbosa, Müssnich & Aragào; Christopher de Moraes Araruna Zibordi – Barbosa, Müssnich & Aragào; Sérgio Savi – Barbosa, Müssnich & Aragào; Felipe Evaristo dos Santos Galea – Barbosa, Müssnich & Aragào; Giovanna Luz Podcameni – Barbosa, Müssnich & Aragào; Anna Carolina de Oliveira Malta – Barbosa, Müssnich & Aragào; Juliana Monnerat Cordeiro – Barbosa, Müssnich & Aragào; Conrado de Mesquita Rasmussen Chaves – Barbosa, Müssnich & Aragào; Leonardo Morato – Mayer & Brown; Luciana Celidonio – Mayer & Brown; Olivia Roxo Nobre do Amaral Mesquita – Mayer & Brown;

Law Firms: Norton Rose Fulbright; Barbosa, Müssnich & Aragào; Mayer & Brown;

Clients: Bank of New York Mellon; Oi S.A.;


Author: Ambrogio Visconti.