SG CIB is involved as general coordinator, co-arranger, and bookrunner of two credit facilities totalling $2,650 M. These facilities are made up of a $1,500 M revolving facility and a $1,150 M export prepayment facility for Votorantim Participações S.A. subsidiaries.

The $1,150 M export prepayment facility, which is split between a seven-year tranche and an eight-year tranche, will be used to refinance and extend the maturity profile of Votorantim’s existing debt.

Votorantim is one of the largest private Latin American conglomerates and is divided into two main segments: a financial segment (for the company’s financial operations) and an industrial segment in which the company is a market leader on its main business lines: cement, non-ferrous metals, pulp, and paper.