Coruripe Netherlands’ $300 Million Notes Offering

TozziniFreire Advogados, White & Case, Milbank, Cescon Barrieu Advogados, NautaDutilh N.V., HKLaw, and Lobo de Rizzo Advogados acted on the offering.

Coruripe Netherlands B.V. (the “Issuer”), a private limited liability company, issued its US$300,000,000 aggregate principal amount of 10.000% Senior Secured Notes due 2027, organized and established under the laws of the Netherlands, with personal and real guarantees from its Brazilian subsidiaries, GTW Agronegócios S.A. (“GTW”) and S.A. Usina Coruripe Açúcar e Álcool (“Usina Coruripe”), respectively.

The Joint Bookrunners included Citigroup Global Markets Inc., Banco BTG Pactual S.A. – Cayman Branch, Itaú BBA USA Securities, Inc., Morgan Stanley & Co. LLC, Santander Investment Securities Inc., XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A.

Usina Coruripe is a Brazilian sugar mill company founded in 1925 that produces sugar, energy, ethanol and sanitizers. Since their foundation, they are having international highlights for the way they conduce their operations, by combining technology, innovation and efficiency with sustainability and ESG practices.

UMB Bank, N.A. acted as Trustee and Registrar.

Erns & Young Auditores Independentes S.S. and PricewaterhouseCoopers Auditores Independentes acted as Independent Auditors.

TozziniFreire Advogados acted as Underwriter’s Local Counsel with a team including Alexei Bonamin (Partner), Elias Marques de Medeiros Neto (Partner), Bianca Peuker (Associate), Leonardo Braghetto (Associate), and Gabriel Gragnani (Associate).

White & Case acted as Underwriter’s International Counsel with John Guzman, John Anderson, Mariana David, Joao Villa, Rafaella Cunha, Ester Guterres, Eduarda Lague.

Milbank acted as Issuer’s International Counsel with Fabiana Sakai, Tobias Stirnberg, Amanda Borges, Pedro Silva, Marcella Gurgel, and Mateus Ribeiro.

Cescon Barrieu Advogados acted as Issuer’s Local Counsel with Joaquim Oliveira, Alexandre Barreto, Alice Brandão, Marina Souza, Davi Marques, Lucas Ubiratan, Isabela Moraes, and Andre Brandao.

NautaDutilh N.V. acted as Issuer’s International Counsel with a team which comprised Marielle van Nimwegen, Hakima Laktit, Antonia Netiv, and Maarten Buma.

HKLaw advised TMF Brasil Administração e Gestão de Ativos Ltda, as Brazilian Collateral Agent, with Micharel Fruchter, Peter Baumgaertner and Daniel Brown.

Lobo de Rizzo Advogados, as Collateral Agent’s Local Counsel, acted with a team including Gustavo Cunha, Beatriz Rocha, Isabella Miranda, Marina Santini, Luisa Silva and Matheus Cordeiro.

Involved fees earner: Joaquim Oliveira – Cescon, Barrieu, Flesch & Barreto; Alice Brandão – Cescon, Barrieu, Flesch & Barreto; Alexandre Gossn Barreto – Cescon, Barrieu, Flesch & Barreto; Davi Souza Marques – Cescon, Barrieu, Flesch & Barreto; Marina Souza – Cescon, Barrieu, Flesch & Barreto; Lucas Ubiratan de Oliveira – Cescon, Barrieu, Flesch & Barreto; Peter Baumgaertner – Holland & Knight; Daniel Brown – Holland & Knight; Michael Fruchter – Holland & Knight; Marina Santini – Lobo & de Rizzo; Gustavo Cunha – Lobo & de Rizzo; Isabella Miranda – Lobo & de Rizzo; Beatriz Rocha – Lobo & de Rizzo; Amanda Borges – Milbank LLP; Marcella Gurgel – Milbank LLP; Mateus Ribeiro – Milbank LLP; Fabiana Sakai – Milbank LLP; Pedro Silva – Milbank LLP; Tobias Stirnberg – Milbank LLP; Maarten Buma – NautaDutilh; Hakima Laktit – NautaDutilh; Antonia Netiv – NautaDutilh; Mariëlle van Nimwegen – NautaDutilh; Alexei Bonamin – Tozzini Freire ; Elias Marques de Medeiros Neto – Tozzini Freire ; Leonardo Medeiros Braghetto – Tozzini Freire ; Bianca Peuker – Tozzini Freire ; Gabriel Prates Gragnani – Tozzini Freire ; John Guzman – White & Case; João Carlos Villa – White & Case;

Law Firms: Cescon, Barrieu, Flesch & Barreto; Holland & Knight; Lobo & de Rizzo; Milbank LLP; NautaDutilh; Tozzini Freire ; White & Case;

Clients: Banco BTG Pactual S.A. – Cayman Branch; Citigroup Global Markets Ltd; Coruripe Netherlands B.V. ; Itaú BBA USA Securities; Morgan Stanley; Santander Investment Securities Inc.; TMF Brasil Administração e Gestão de Ativos Ltda.; XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A.;