IFLR1000

Sky Serviços de Banda Larga $1 billion financing

9/4/2018
Financing
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$ 1 trillion

Completed

9/4/2018

Overview:

  • Sky Serviços de Banda Larga, a Brazilian subsidiary of DIRECTV Latin America, received a $1 billion unsecured term loan facility from a syndicate of lenders.
  • Citibank, Goldman Sachs do Brasil, JP Morgan, Morgan Stanley, Banco do Brasil, BNP Paribas Brasil, Banco Bradesco, Itaú Unibanco, Banco MUFG Brasil, Banco Safra, Banco Santander (Brasil) and Banco Votorantim acted as lenders. 
  • Citibank, Goldman Sachs, JPMorgan and Morgan Stanley acted as joint lead arrangers and bookrunners. 

Rani Mehta - Journalist 

Jurisdiction:

Brazil

Deal type:

Financing

Practice area:

Banking

Industry sector:

Technology and telecommunications

Firms:
Pinheiro Guimarães

Party: Citibank (Lender)

Party: Goldman Sachs (Lender)

Party: JP Morgan (Lender)

Party: Morgan Stanley (Lender)

Party: Banco do Brasil (Lender)

Party: BNP Paribas (Lender)

Party: Banco Bradesco (Lender)

Party: Itaú Unibanco (Lender)

Party: Banco J. Safra (Lender)

Party: Banco Santander (Lender)

Party: Votorantim (Lender)

Party: Banco MUFG Brasil (Lender)

Lawyers: Francisco José Pinheiro Guimarães, Ivie Moura Alves

Simpson Thacher & Bartlett

Party: Citibank (Joint lead arranger)

Party: Goldman Sachs (Joint lead arranger)

Party: JPMorgan Chase (Joint lead arranger)

Party: Morgan Stanley (Joint lead arranger)

Lawyers: Jaime Mercado, Kirsten Davis

Veirano Advogados

Party: Sky Serviços de Banda Larga (Borrower)

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