Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 23-07-2020 | Practice Area: | Debt Capital Markets |
| Deal Title: | Braskem S.A. First Hybrid Bond Issuance | Industry: | Oil & Gas Producers |
| Description: |
Milbank LLP advised six international financial institutions in the USD600 million issuance of hybrid notes by Brazilian petrochemicals company Braskem S.A. This was the first hybrid debt instrument issued by a Brazilian corporate issuer (non-financial institution) in over a decade, with 50% equity treatment by Standard and Poor's and Fitch Ratings.
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| Financial Center: | Sao Paulo | Value: | 500.01-1000.00 |
| Advised Party: | Underwriters:: | Law Firm | Milbank |
| Issuer Jurisdiction | Brazil | Listing Jurisdiction | Brazil |
| Classification: |
Capital Securities |
Lawyer | Tobias Stirnberg |
