We advised the global coordinators and joint bookrunners on the offering

Davis Polk advised the global coordinators and joint bookrunners in connection with a Rule 144A / Regulation S offering by J&F Luxembourg Finance S.à r.l. of $400 million aggregate principal amount of its 8.000% senior notes due 2033, which are guaranteed by J&F S.A., Eldorado Brasil Celulose S.A., LHG Mining Ltda. and Flora Produtos de Higiene e Limpeza S.A.

J&F is a privately held company that identifies, acquires and develops businesses with significant value-creation potential. Over several decades, J&F has built the one of the largest family-owned industrial conglomerates in Brazil, with operations in more than 25 countries and an aggregate workforce of approximately 300,000 employees. The company controls a diversified portfolio of businesses operating across a range of industries, including power, food (through JBS N.V. and its subsidiaries), pulp (through Eldorado), iron ore (through LHG Mining), and hygiene and beauty (through Flora).

The Davis Polk capital markets team included partner Manuel Garciadiaz and associate Alexandre Diniz. The tax team included counsel Christopher A. Baratta and associates Nancy B. Regan and Hunter P. Shaw. Members of the Davis Polk team are based in the São Paulo and New York offices.