Radar > 237480

Usina Coruripe could be negotiating BRL 1.9bn debt

Usina Coruripe estaria renegociando uma dívida de BRL 1,9bi

Intel ID : 237480
Synopsis

Usina Coruripe, based in Alagoas and engaged in production of alcohol and sugar, could be renegotiating a BRL 1.9bn debt, with 11 banks, equivalent to 85% of its total debt, as published by newspaper Estadão on 8 June 2016.

According to the news, a pre-agreement may have been concluded, to extend the maturity period for 2016, 2017 and 2018 for another seven years, with 30-month grace period. The banks that participated in this renegotiation include Banco do Brasil, Itaú, Bradesco, Rabobank, ABN, Citibank, Votorantim, HSBC, Metlife, ABC and Santander.

Also according to the news, Moelis bank and Souza Cescon were the advisors.
(content in portuguese)

A Usina Coruripe, com sede em Alagoas e que se dedica à produção de álcool e açúcar, estaria renegociando uma dívida de BRL 1,9bi, que representam 85% do total de seus débitos, junto a 11 bancos, segundo publicou o Estadão em 8 de junho de 2016.

De acordo com a publicação, um pré-acordo já teria sido fechado, prevendo que o vencimento dessas dívidas datadas para 2016, 2017 e 2018 seja alongado para sete anos, com 30 meses de carência. Entre os bancos que participaram da renegociação estão Banco do Brasil, Itaú, Bradesco, Rabobank, ABN, Citibank, Votorantim, HSBC, Metlife, ABC e Santander.

Ainda segundo a notícia, a renegociação seria assessorada pelo banco Moelis e o pelo Souza Cescon.

Target

Brazil

Advisors

prospect
prospect

Intel ID 237480
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Usina Coruripe
(31 Dec 2019)

Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Biofuel (Primary)
Primary Sector (TTRSC)
20.04.01 Biofuels
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
15.07.05 Food Ingredients
15 Consumer Products & Services / 15.07 Food

55.01.04 Crop Cultivation & Horticulture (Non-Perennial, Short-Lived or Temporary Crops)
55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.