News
Dias Carneiro advises Proparco on a financing transaction to Louis Dreyfus Company Sucos S.A.
Dias Carneiro Advogados acted as Brazilian counsel to Société de Promotion Et de Participation pour la Coopération Economique S.A. (Proparco), a French subsidiary development agency of Agence Française de Développement (AFD) focused on private sector development, as lender of a USD 40,000,000 facility to Louis Dreyfus Company Sucos S.A. (LDC), as Brazilian subsidiary of the Louis Dreyfus group.
The amounts borrowed will support numerous LDC projects and actions to reduce the environmental impact of its Brazilian juice operations, from water treatment and consumption optimization in the context of intensifying droughts, to energy use and emissions reductions. Dias Carneiro has also advised Proparco on the local security agreements.
LDC operates in the juice market for more than 30 years and in more than 70 countries, ranking as one of the three largest juice processors and traders in the world, as well as one of the largest orange and sicilian lemon producers.
LDC’s in house counsel: Deborah Christina Giacomini Basile
LDC’s local counsel: Franco Leutewiler Henriques Advogados – Partner Gabriel Leutewiler; and Associates: Larissa Oliveira and Maria Alice Del Ponte Camiña Moreira
Proparco’s in house counsel: Bruno Grein Del Santoro and Mathilde Villeroy de Galhau
Proparco’s local counsel: Dias Carneiro – Partners: Thiago Vallandro Flores and Gustavo Junqueira; and Associates: Rodrigo Murussi and Fernanda Savorelli Melhem
Proparco’s international counsel: Clifford Chance – Partner: Angela McEwan; Counsel: David Woolmer; and Associates: Priyanka Paunrana and Adeline Tsui
