Ceagro Agrícola Issued US$100 million in Senior Secured Notes
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Exclusive financial advisor to Ceagro Agrícola
October 2010![](https://olimpiapartners.com.br/wp-content/themes/olimpia-parrters/img/linha.png)
• On October 20, 2010 Olimpia Partners acted as sole financial advisor on an inaugural U$100.0 million senior secured notes offering for Ceagro Agrícola Ltda (“Ceagro”)
• Ceagro was the largest corn originator and among the largest soybean originators in Brazil at the time of the transaction
• The $100.0 million transaction priced at the initial guidance of 11.0%
• Proceeds was used to repay existing indebtedness, working capital, and for general corporate purposes
• Ceagro’s unique business model, experienced management, in addition to a debt service reserve account and offshore collection account gave investors comfort on the only inaugural Brazilian single-B issue in 2010