Luis Alberto L. Ambrósio

Professional Experience

Luís Alberto Laboissière Ambrósio has more than 25 years of experience in financial law. He joined the Firm in 2015. He is a partner of the Corporate and Finance practice group. His work and expertise are focused on debt, both local and international. He has a wide breadth of experience in bank financing operations, capital market, project finance and debt restructuring, having participated in high profile cases.

He was the main legal advisor of Bank of America, the largest financial creditor in the Parmalat’s judicial recovery, which established several legal precedents, as well as for the International Finance Corporation – IFC,  in respect of the first offer of debt securities in the Brazilian capital market by a multilateral organization. Luis Ambrósio frequently represents financial institutions and corporate clients in highly complex financial transactions.

Work abroad

Luis worked at Linklaters office in London, in the project finance department.

Awards and Recognitions

Luis Ambrósio has been recognized for his work in financial law by the main legal directories such as  LACCA Thought Leaders, Chambers Latin America and Global, IFLR 1000 as “Notable practitioner”, LACCA Approved, Leaders League as “Highly recommended” and Latin Lawyer 250.

Academic Background

He graduated from the Faculty of Law of Largo de São Francisco, Universidade de São Paulo (USP) with a degree in Law.

Activities outside the office

In several occasions, Luis spoke at INSPER, by invitation of Prof. Marcel Reto, Ph.D,  about shareholders’ agreement of companies investing in green field projects, and also abroad, speaking about project financing, sale of assets of companies under judicial reorganization and regulatory aspects of the financial sector and capital markets.

Languages

English

Representative matters and clients

Finance:

– Advised the borrower on the renegotiation of the Credit Facility Agreement in the amount of R$ 660,000,000;

– Advised the borrower on the negotiation of Onlending Credit Facility Agreement entered into with a syndicate of banks in the total amount of R$ 600,000,000;

– Advised the foreign branch of a Brazilian financial institution, as lender, on the negotiation of a loan in the amount of up to US$ 102,500,000;

Local Capital Markets:

– Advised IFC  in the first public offer of bonds in the Brazilian capital markets by a multilateral organization in the amount of R$ 200,000,000;

– Advised Odebrecht Agro in respect of the private issue of debentures in the amount of R$ 686,000,000;

– Advised Itaú BBA, as a leading coordinator, with respect to  offering of debentures by an urban train operator company in the amount of R$ 300,000,000;

– Advised a company of the sugar and ethanol sector with respect to the issuance of Agrobusiness Certificates in the amount of R$ 399,000,000;

– Advised agribusiness company with respect to the issuance of Agribusiness Certificate of Credit Rights (CDCA )  backed by Rural Product Certificates (CPR-F) in the amount of R$ 330.000,00;

International Capital Markets:

– Advised the syndicate of banks (BNP Paribas, Morgan Stanley, Santander, Itaú, SMBC and Standard Chartered) as coordinators of the issuance of US$600,000,000 hybrid fixed rate notes;

– Advised Fibria Overseas Finance LTD., as Issuer, and Fibria Celulose S.A., as Guarantor, in respect of the issuance and public offering of green bonds, in the amount of US$700,000,000 5.500% Notes due 2027, guaranteed by the Guarantor on a senior unsecured basis;

– Advised Credit Suisse as coordinator of the issuance of securities abroad by Eletrobrás in the amount of US$ 1,750,000,000;

– Advised CESP on the offering of securities abroad  denominated in reais in the amount of R$ 750,000,000;

– Advised Itaú BBA on the update of its US$ 2,000,000,000 Global Medium-Term Note Program.

Projects:

– Advised Fibria Celulose in respect of the negotiation of construction contracts relating to the pulp mill plant located in Três Lagoas, Mato Grosso, a project of R$ 7,500,000,000, with a production capacity of 1,95 million tonnes of pulp per year.

– Advised Companhia Siderúrgica do Pecém (CSP) on the negotiation and execution of a Loan Agreement with a syndicate of nine international banks, leaded by Export-Import Bank of Korea (K-Exim), and insured by Korea Trade Insurance Corporation (K-Sure), in the amount of US$3,100,000,000, for the construction of a steel industrial plant, in the State of Ceará, Brazil;

– Advised Foz do Brasil on the financing sof  a waste water treatment project for industrial use in the amount of R$ 326,732,000;

– Advised foreign fund on the financing of a copper-gold mine project in the State of Goiás in the amount of US$ 200,000,000;

Debt Restructuring:

– Advised Bank of America on the first judicial recovery carried out under Law No. 11.101, Parmalat, in the amount of US$ 1,000,000,000;

– Advised Odebrecht on the renegotiation of Brenco’s financial debts as a condition for the acquisition of control of Brenco in the amount of R$ 7,000,000,000;

– Advised Noble  on the renegotiation of a company financial debt i as condition for the  acquisition of control in the amount of R$ 2,000,000,000;

– Advised Blackstone, fund holding securities issued abroad, in respect of  OGX’s debt restructuring in the amount of R$ 6,000,000,000.