Loyens & Loeff wins another Deal of the Year award
Loyens & Loeff Luxembourg won the LatinFinance Financing Innovation of the Year Award for advising on the CELSE USD 1 billion project financing/bond transaction.
Loyens & Loeff Luxembourg was awarded ‘Financing Innovation of the Year’ by The LatinFinance for their advice on the CELSE USD 1 billion project financing/bond transaction. LatinFinance recognises the best deals of the past twelve months in a field critical to Latin America’s economic progress.
The CELSE transaction was the only deal that was recognised in both the Project & Infrastructure Finance Awards (‘Best Bond Deal’ and ‘Best Infrastructure Financing – Brazil’) and the Deals of The Year Awards this year, which speaks to the truly innovative nature of this transaction.
The Loyens & Loeff team advised Goldman Sachs & Co. as sole bookrunner, with the issuance of R$ 3,201,500,000 9.850% senior secured notes due 2032 through a Luxembourg SPV issuer, the proceeds of which, have been used to purchase debentures issued by Centrais Elétricas de Sergipe S.A. in connection with the financing of the Porto de Sergipe I Thermoelectric Complex located in Barra dos Coqueiros in the State of Sergipe, Brazil which will be Latin America's largest gas-fired power generation project. Our team also assisted with the listing and admission to trading of the notes on the Luxembourg Stock Exchange’s Euro MTF market.
These recognitions should be of great pride for the entire Loyens & Loeff team which comprised Cédric Raffoul for capital markets, Peter Adriaansen and Willem Bon for the tax aspects, Thierry Lohest and Luis Alberto Aguerre Enriquez on the corporate/M&A advice.
Willem BonPartner Tax Adviser
Willem Bon, partner, is a member of the Tax Practice Group in our Luxembourg office. He focuses on cross-border tax issues, advising mainly multinational enterprises, investment funds, as well as wealthy individuals and families.T: +352 466 230 214 E: [email protected]
Thierry LohestPartner Attorney at law / Avocat à la Cour
Thierry Lohest, partner, is a member of the Corporate Practice Group in our Luxembourg office. He focuses on mergers and acquisitions, corporate finance, capital markets and restructurings for multinationals.T: +352 466 230 216 / +852 3763 9363 M: +32 4 97 50 21 11 E: [email protected]