Greenberg Traurig Attorneys Serve as Initial Purchaser’s Counsel in Frigorífico Concepción S.A.’s US$40 Follow-On Million Bond Re-Tap Offering

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Global law firm Greenberg Traurig, LLP acted as U.S. counsel to Oppenheimer & Co. Inc., the initial purchaser and sole bookrunner, in the offering of US$40 million in 10.25% senior secured notes due 2025 issued by Frigorífico Concepción S.A., Paraguay’s leading beef processing company.

Global law firm Greenberg Traurig, LLP acted as U.S. counsel to Oppenheimer & Co. Inc., the initial purchaser and sole bookrunner, in the offering of US$40 million in 10.25% senior secured notes due 2025 issued by Frigorífico Concepción S.A., Paraguay’s leading beef processing company.

The new notes were issued under the indenture pursuant to which the company previously issued US$100 million. The new notes will be treated as the same class and series as, and otherwise identical to, the initial notes other than with respect to the date of issuance and issue price.

“This re-tap offering came on the heels of a strong performance by the company since its debut offering earlier in the year and was preceded by a successful consent solicitation to modify the indenture to accommodate the offering,” said Greenberg Traurig’s Marc M. Rossell, who is a shareholder in the firm’s Corporate Practice and co-chair of the firm’s Latin America Practice. “We are pleased to have been of assistance to the transaction team in this financing.”

The Greenberg Traurig New York office attorney team was led by Marc M. Rossell and Shareholder Oscar Stephens. Additional corporate team members included Associate Maria Velasco.

About Greenberg Traurig’s Latin America Practice: Greenberg Traurig’s award-winning Latin America Practice draws on resources from our offices around the world, bringing together a multidisciplinary team of lawyers to help clients identify business opportunities in Latin America. The team, which includes lawyers who have been chief legal officers at major multinational companies, has wide-ranging experience representing U.S. and international clients who do business in Latin America, as well as advising Latin American clients on their business ventures in the United States. The firm’s experience throughout the region enables the team to offer clients local knowledge and resources in the legal aspects of market opportunities, investments, financing, access to capital markets, governmental strategies, or international dispute resolution.

About Greenberg Traurig, LLP: Greenberg Traurig, LLP (GT), has approximately 2200 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 3.0 Certified. Web: http://www.gtlaw.com

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Lourdes Brezo-Martinez
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