The Firm represented BBVA Securities Inc., BNP Paribas Securities Corp., Banco Bradesco BBI S.A., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Itau BBA USA Securities, Inc., J.P. Morgan Securities LLC, Santander US Capital Markets LLC and Scotia Capital (USA) Inc., as initial purchasers, in connection with the offering of US$500 million in aggregate principal amount of 6.600% Senior Unsecured Notes due 2037 by Nexa Resources S.A. (“Nexa Resources”) in reliance upon Rule 144A and Regulation S. Nexa Resources intends to use the proceeds from the offering to fund the repurchase and redemption of its existing notes and the remainder, if any, for general corporate purposes, including liability management transactions.
The Firm is also representing Citigroup Global Markets Inc., Itau BBA USA Securities, Inc., J.P. Morgan Securities LLC and Santander US Capital Markets LLC, as dealer managers, in connection with any-and-all tender offers for Nexa Resources’ outstanding 5.375% Notes due 2027 and 6.500% Notes due 2028.
Nexa Resources is a leading large-scale, low-cost integrated zinc producer with over 65 years of experience developing and operating mining and smelting assets in Latin America. It is the fifth largest zinc concentrate and metal producer globally. Nexa Resources operates and owns four long life polymetallic mines, two of which are located in the Central Andes of Peru, one of which is located in the state of Minas Gerais in Brazil and one of which is located in the state of Mato Grosso in Brazil. Its operations encompass large-scale, modern, mechanized underground and open pit mines.
The Simpson Thacher team included Grenfel S. Calheiros, Marcelo B. Lorenzen, Douglas Ogata and Isadora Barretto de Almeida (Capital Markets); and Jonathan Cantor and Sean Largey (Tax).