Raízen Completes US$1.75 Billion Notes Offering
02.25.25
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The Firm represented Raizen Fuels Finance S.A. (“Raizen Fuels”), Raízen S.A. (“Raízen”) and Raízen Energia S.A. (“Raízen Energia”) in a Rule 144A and Regulation S offering of US$1.0 billion in aggregate principal amount of 6.700% Notes due 2037 and US$750 million in aggregate principal amount of additional 6.950% Green Notes due 2054, in each case issued by Raizen Fuels - a wholly owned financing subsidiary of Raízen - and guaranteed by Raízen and Raízen Energia.
Concurrently with the notes offering, the Firm is representing Raizen Fuels, as the offeror, in connection with the tender offer to purchase for cash any and all of its outstanding 5.300% Notes due 2027, guaranteed by Raízen and Raízen Energia. Part of the net proceeds from the notes offering will be used for the repurchase of 5.300% Notes due 2027 in the tender offer. The tender offer is expected to be completed on February 27, 2025.
Raízen is one of the leading integrated energy companies in the world and operates in all stages of the biofuels and renewable energy sector value chain.
The Simpson Thacher team for the transaction includes Grenfel S. Calheiros, Paulo F. Cardoso, Raissa Fini and Doug Ogata (Capital Markets); and Jonathan E. Cantor (Tax).