Nachrichten June 16, 2016

Shearman & Sterling Advises Bunge Finance Europe on €600 Million Senior Notes Offering

Shearman & Sterling represented Bunge Finance Europe B.V. (“BFE”) and Bunge Limited in connection with the issuance and sale of approximately €600 million aggregate principal amount of BFE’s 1.850% senior notes due 2023.  Bunge Limited will fully, unconditionally and irrevocably guarantee all payments on the notes.

Citigroup Global Markets Limited, BNP Paribas, J.P. Morgan Securities plc and ING Bank N.V. acted as joint book-running managers for the offering. ABN AMRO Bank N.V., Coöperatieve Rabobank U.A., Crédit Agricole Corporate and Investment Bank, HSBC Bank plc, Lloyds Bank plc, SMBC Nikko Capital Markets Limited, and Société Générale acted as senior co-managers, and ANZ Securities, Inc., Banco Bilbao Vizcaya Argentaria, S.A., Barclays Bank PLC, Commerzbank Aktiengesellschaft, Deutsche Bank AG, London Branch, ICBC Standard Bank Plc, Natixis, Standard Chartered Bank, and UniCredit Bank AG acted as co-managers.

BFE and Bunge Limited intend to use the net proceeds from this offering for general corporate purposes, including, but not limited to, the repayment of outstanding indebtedness, which may include indebtedness under Bunge Limited’s revolving credit facilities.

Bunge Limited is a leading global agribusiness and food company with integrated operations that stretch from the farm field to consumer foods.  A 100%-owned finance subsidiary of Bunge Limited, Bunge Finance Europe B.V. was formed for the sole purpose of issuing debt obligations, other than commercial paper, primarily in the US markets, and investing the proceeds of the issuances in a master trust structure that Bunge Limited created to centralize its financing operations.

The Team