Prumo's Subsidiary Completes Issuance and Placement of Foreign Debt

September 02, 2015

New York, NY - Paul Hastings LLP, a leading global law firm, represented EIG Global Energy Partners in a loan to Prumo Logistica, a Brazilian company engaged in infrastructure and logistics that is currently building and developing the Açu Port in the State of Rio de Janeiro.

Prumo Participações e Investimentos S.A., a wholly-owned subsidiary of Prumo Logistica, has completed the issuance and placement of a foreign debt issuance in the amount of USD 50m.

The transaction is the first tranche of a transaction that Prumo Logistica intends to place with institutional investors in the international market.

The deal was led by Latin America practice partners, Mike Fitzgerald and Taisa Markus, with the support of associate Todd Schmid.

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