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Simpson Thacher Advises the Placement Agents in connection with Andrade Gutierrez International’s US$435 Million Senior Secured Notes Offering

12.23.19

Simpson Thacher represented Banco Bradesco BBI S.A., BB Securities LLC and HSBC Securities (USA) Inc. as placement agents in connection with the private placement of Andrade Gutierrez International S.A.’s (“AG International”) offering of US$435 million aggregate principal amount of 9.5% Senior Secured Notes due 2024.

AG International is a wholly owned financing subsidiary of the Andrade Gutierrez Group, one of the largest engineering and heavy construction companies in Brazil and in Latin America in terms of net revenue, with more than 70 years of experience in the infrastructure industry and projects executed across more than 40 countries in the Americas, Europe, Africa and Asia.

The Simpson Thacher team for the transaction included Grenfel S. Calheiros, Kirsten L. Davis, Luiz Noronha and Victor Clementino (Capital Markets – New York and São Paulo); and Jonathan E. Cantor and Sarah H. Katz (Tax – New York).