Simpson Thacher Represents Lenders in FS Luxembourg's US$360 Million Senior Secured Term Loan Facility
The Firm represented Banco Santander (Brasil) – Grand Cayman Branch, HSBC Securities (USA) Inc. and Mizuho Bank, Ltd., as Arrangers and Bookrunners, and the Lenders in connection with a US$360 million senior secured green term loan facility made available to FS Luxembourg S.à r.l. ("FS Luxembourg"), a subsidiary of FS Indústria de Biocombustíveis Ltda. ("FS Bio"). The facility is guaranteed by FS Bio and FS I Indústria de Etanol S.A..
FS Bio is the largest corn-based ethanol producer in Brazil and one of the largest low-cost, low-carbon producers of biofuels, animal nutrition products and renewable energy in Brazil.
The Simpson Thacher team included Paulo F. Cardoso, Susan Uquillas M. and Aline Januario (Capital Markets) and Andrew Purcell (Tax).