IFLR1000

Ultrapar $750 million 5.25% note issue

6/10/2016
Investment grade bond/note issue
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$ 750 million

Completed

6/10/2016

Overview:

  • Ultrapar's subsidary Ultrapar Participações has issued $750 million of debt in the global capital markets.
  • The notes have a yield of 5.25% and reach maturity in 2026.
  • Ultrapar Participações and Ipiranga Produtos de Petróleo guaranteed the notes.
  • Initial purchasers included BB Securities, Banco Bradesco, Morgan Stanley and Santander Investment Securities. 

Rani Mehta - Journalist

Jurisdiction:

Brazil

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Oil and gas

Firms:
BMA - Barbosa Müssnich Aragão

Party: Ultrapar (Issuer)

Lawyers: Amir Achcar Bocayuva Cunha, Luiz Antonio de Sampaio Campos

Davis Polk & Wardwell

Party: BB Securities Limited (Initial purchaser)

Party: Bradesco (Initial purchaser)

Party: Morgan Stanley (Initial purchaser)

Party: Banco Santander (Initial purchaser)

Lawyer: Manuel Garciadiaz

Mattos Filho Veiga Filho Marrey Jr & Quiroga Advogados

Party: BB Securities Limited (Initial purchaser)

Party: Bradesco (Initial purchaser)

Party: Morgan Stanley (Initial purchaser)

Party: Banco Santander (Initial purchaser)

Lawyer: Bruno Tuca

Skadden Arps Slate Meagher & Flom

Party: Ultrapar (Issuer)

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