Simpson Thacher Represents Initial Purchasers in Offering of US$500 Million Senior Notes by JBS S.A.

Friday, February 8, 2013

The Firm recently represented BB Securities Limited, Banco Bradesco BBI S.A., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Santander Investment Securities Inc., as initial purchasers, in a sale of US$500 million of 6.25% Senior Notes due 2023 issued by ESAL GmbH and unconditionally guaranteed by its parent company JBS S.A., a Brazilian corporation, and JBS Hungary Holdings Kft., a wholly owned subsidiary of JBS S.A. The offering was conducted in reliance upon Rule 144A and Regulation S.

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Tags:  Simpson Thacher & Bartlett LLP | Sao Paulo

Linklaters Advises on Acquisition and Financing of EUR 1.3 bn Offshore Wind Farm Butendiek

Friday, February 8, 2013

Linklaters has advised a group of investors, consisting of Marguerite Fund, Siemens Financial Services, Industriens Pensions and PKA, on the acquisition of a majority stake in and financing of an offshore wind farm in the German North Sea. The Butendiek project will be built with 80 Siemens turbines of the SWT 3.6-120 class resulting in a total installed capacity of 288 megawatt. The wind farm is situated in the German North Sea, some 32 km to the West of the island of Sylt. The total investment volume is approx. € 1.3 bn. Project developer and remaining minority shareholder is the wpd-group. With its favorable site conditions including wind resources, water depth, distance to coast and grid connection, Butendiek is one of the most attractive offshore wind projects in the German North Sea.

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Tags:  Linklaters LLP