The Firm recently represented BB Securities Ltd., J.P. Morgan Securities LLC and Santander Investment Securities Inc., as underwriters, in an SEC-registered offering by Embraer Netherlands Finance B.V., unconditionally and irrevocably guaranteed by Embraer S.A., of US$750 million of 5.4% Notes due 2027. The notes have been listed on the New York Stock Exchange.
Embraer (NYSE: ERJ; BOVESPA: EMBR3) is one of the world’s leading aircraft manufacturers, and is the market leader in the segment of jets of up to 130 seats, considering the number of aircraft sold. In addition to design, development, manufacturing, sales and technical support for commercial, executive and agricultural aviation, Embraer also offers integrated solutions for defense and security.
The Simpson Thacher team for this transaction included Grenfel S. Calheiros, Jaime Mercado, Rodrigo Surcan dos Santos, Marcelo B. Lorenzen and Luiz Rafael de Vargas Maluf (Corporate); Jonathan Cantor and Jasmine Hay (Tax); and David H. Caldwell (Regulatory).