FS Luxembourg Completes US$100 Million Reopening of Senior Notes Offering
03.17.25
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Simpson Thacher represented several financial institutions as the initial purchasers in connection with a Rule 144A and Regulation S offering by of FS Luxembourg S.à r.l.’s (“FS Luxembourg”) of US$100 million aggregate principal amount of additional 8.875% Senior Notes due 2031. The additional notes constituted a reopening of the US$500 million aggregate principal amount of notes initially issued on February 12, 2024, increasing the aggregate principal amount of the series to US$600 million.
FS Luxembourg is the financing subsidiary of FS Group, the largest corn-based ethanol producer in Brazil and one of the largest low-cost, low-carbon producers of biofuels, animal nutrition products and renewable energy in Brazil.
The Simpson Thacher team for the transaction included Grenfel S. Calheiros, Paulo F. Cardoso and Siddharth Fresa (Capital Markets); and Jonathan E. Cantor and Benjamin Bressler (Tax).