"Linklaters Advises PRIO S.A. on $700 Million Senior Notes Issuance and Tender Offer"

"Linklaters advised PRIO S.A., a prominent Brazilian oil and gas company, on the issuance of $700 million in senior notes due 2030 and a concurrent cash tender offer that repurchased $431 million of its previous notes. The cross-border team, led by Partner Matthew Poulter in São Paulo, included members from New York and Luxembourg, showcasing Linklaters' strong presence and expertise in Latin America."

Linklaters, a prominent international law firm, participated in a significant transaction advising PRIO S.A., an independent oil and gas company in Brazil, along with its subsidiaries PRIO Luxembourg Holding S.à r.l., PRIO Comercializadora Ltda., PRIO Bravo Ltda., PRIO Forte S.A., and PRIO Tigris S.A. The transaction involved the issuance of US$700 million in aggregate principal amount of 6.750% senior notes due 2030 by PRIO Luxembourg Holding S.à r.l., which were guaranteed by the aforementioned subsidiaries. Additionally, Linklaters advised PRIO S.A. on a concurrent any-and-all cash tender offer that led to the repurchase of US$431 million of its previously issued 6.125% senior secured notes due 2026. The Linklaters team included the following lawyers: - São Paulo: Partner Matthew Poulter, Senior Associate Thomas Lemouche, and Staff Attorney Letícia Correia. - New York: Tax Partner Gabriel Grossman, Tax Associates Young Jin Kim and Flavio Amorim. - Luxembourg: Capital Markets and Banking Partner Melinda Perera, Tax Partner Joakim-Antoine Charvet, Tax Senior Managing Associate Adrien Piron, Tax Managing Associate Delphine Martel, Capital Markets and Banking Managing Associate Evgeny Tikhomirov, Capital Markets and Banking Associate Juan Ignacio Gomeza, and Tax Associate Gaëtan Molina.

"Linklaters Advises PRIO S.A. on $700 Million Senior Notes Issuance and Tender Offer"

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