IFLR1000

Companhia Siderúrgica do Pecém $3.1 billion credit facility

22/4/2015
Leveraged finance
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$ 3.1 billion

Completed

22/4/2015

Overview:

  • Companhia Siderúrgica do Pecém (CSP) received a $3.1 billion credit facility from a syndicate of banks.
  • This loan included $2.1 billion in financing from the The Export-Import Bank of Korea and other banks. 
  • BNDES also acted as a lender, granting $1 billion.

Rani Mehta - Journalist- Latin America

 

Jurisdictions:

Brazil
South Korea

Deal type:

Leveraged finance

Practice area:

Banking

Industry sectors:

Industrials and manufacturing
Mining

Firms:
Allen & Overy

Party: Companhia Siderúrgica do Pecém (Borrower)

Lawyer: Bruno Soares

Mattos Filho Veiga Filho Marrey Jr & Quiroga Advogados

Party: The Export-Import Bank of Korea (Lender)

Party: Banco Santander (Lender)

Lawyer: Pablo Sorj

Milbank

Party: The Export-Import Bank of Korea (Lender)

Party: Banco Santander (Lender)

Party: Deutsche Bank (Lender)

Lawyer: Daniel Bartfeld

Trench Rossi Watanabe

Party: Companhia Siderúrgica do Pecém (Borrower)

Lawyer: Luis Ambrósio

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