Loyens & Loeff advised Brazilian oil and gas group in its USD 1.5 billion global debt restructuring
Constellation Oil Services Holding S.A. went through a global debt restructuring end of 2019. Loyens & Loeff restructuring team assisted throughout the process.
We assisted Constellation Oil Services Holding S.A. (formerly known as QGOG Constellation) and the other members of Brazil's Constellation group, a Brazilian oil-and-gas drilling company, in its USD 1.5 billion global debt restructuring, including the restructuring of its USD 800 million bonds listed on the NY stock exchange.
The debt restructuring was completed in December 2019, ending more than two years of court proceedings in Brazil, the US and the British Virgin Islands.
Our advice included advice on debt restructuring and restructuring strategy, corporate governance, finance documentation, corporate and capital markets and as well as litigation.
The Loyens & Loeff team was led in Luxembourg by Banking, Finance and Restructuring lawyers Anne-Marie Nicolas (partner) and Richard Steichen (associate) with the support of Corporate M&A lawyers Mathilde Lattard (partner), Diogo Dias (senior associate), Capital Markets lawyers Cedric Raffoul (partner) and Sixtine Auguet (associate) and litigation counsel Farah Jeraj.
The Dutch team of Loyens & Loeff was led by Vincent Vroom (partner, restructuring), Loek Kerstens (counsel, restructuring) and Sharita Willigenburg (associate, finance), with the support of the broader restructuring, finance, capital markets and notarial law teams.
More details about the deal can be found here.
Anne-Marie NicolasPartner Attorney at Law / Avocat à la Cour
Anne-Marie Nicolas, partner, is a member of the Banking & Finance Practice Group in our Luxembourg office. She co-heads the Luxembourg Restructuring Team. Anne-Marie focuses on secured lending, including acquisition finance and real estate finance, as well as debt restructuring.T: +352 466 230 314 E: firstname.lastname@example.org
Vincent VroomPartner Attorney at law
Vincent Vroom, attorney at law, is chairman of the Litigation & Risk Management Group. He specialises in restructuring and insolvency matters. He handles a range of issues in restructuring cases whether they arise within the courtroom or outside.T: +31 20 578 59 84 M: +31 6 51 26 63 19 E: email@example.com
Diogo DiasSenior Associate Attorney at law / Avocat à la Cour
Diogo Dias, senior associate, is a member of the Corporate Practice Group in our Luxembourg office. He focuses on corporate law, mergers and acquisitions, cross-border restructurings, private equity and corporate finance.T: +352 466 230 380 E: firstname.lastname@example.org
Richard SteichenAssociate Attorney at law / Avocat à la Cour
Richard Steichen, associate, is a member of the Banking & Finance Practice Group in our Luxembourg office and a member of the Restructuring Team. He focuses on secured lending and financial restructurings.T: +352 466 230 492 E: email@example.com
Sharita WilligenburgAssociate Attorney at law
Sharita Willigenburg, attorney-at-law, is a member of the Banking & Finance practice group. She focuses on advising and assisting in national and international financing transactions.T: +31 20 578 50 03 M: +31 6 21 52 75 03 E: firstname.lastname@example.org