Global Legal Chronicle
Dias Carneiro and Hunton Andrews Kurth advised CIFI, while Holland & Knight advised UMB Bank on the deal.
Umoe Bioenergy, S.A. (UMOE) and CIFI Latam, S.A. (CIFI) entered into agreements for the purchase of floating rate notes due 2028 to be issued by UMOE, in the aggregate principal amount of up to US$15 million, as follows: initial securities of up to US$12 million in aggregate principal amount of UMOE’s floating rate notes due 2028 (Initial Securities); and additional securities of up to US$3 million in aggregate principal amount of UMOE’s floating rate notes due 2028.
The securities have been and will be issued pursuant to an indenture entered into on December 21, 2020 by and between UMOE and UMB Bank, N.A., as trustee, note registrar and paying agent.
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