Simpson Thacher represented the underwriters, led by Citigroup Global Markets Inc., Mizuho Securities USA LLC, and others, in connection with a registered offering by Bunge Limited Finance Corp., a wholly owned subsidiary of Bunge Global SA (“Bunge”), of $1.3 billion aggregate principal amount of its senior notes, consisting of $650 million aggregate principal amount of 4.550% Senior Notes due 2030 and $650 million aggregate principal amount of 5.150% Senior Notes due 2035.
Bunge intends to use the net proceeds from the offering for general corporate purposes. General corporate purposes may include the repayment and refinancing of debt, including certain short-term indebtedness, working capital, capital expenditures, stock repurchases and investments in subsidiaries.
Bunge is a leading global agribusiness and food company with integrated operations that stretch from farmer to consumer.
The Simpson Thacher team included David Azarkh, Matt Petrone, Nate Yang and Michael Tremeski (Capital Markets); Michael E. Mann (Tax); Marisa Geiger and Christian Bond (Intellectual Property & Privacy); Jeanne M. Annarumma and J. Pasco Struhs (Executive Compensation); Michael R. Isby (Environmental); and Andrew J. Pagliughi (FINRA).