We advised the sole arranger and bookrunner on the financing

Davis Polk advised the sole arranger and bookrunner in connection with a $1.2 billion committed acquisition bridge financing to be provided to Minerva S.A. in connection with the acquisition of certain beef processing assets of Marfrig Global Foods S.A. in Brazil, Argentina, Chile and Uruguay, pursuant to certain share purchases agreements in an aggregate amount equivalent to approximately $1.5 billion.

Minerva S.A. is a leader in beef export in South America and an operator in the processed segment, selling its products to more than 100 countries. In addition to Brazil, Minerva Foods is present in Paraguay, Argentina, Uruguay and Colombia, and it has specialized sheep plants in Australia.

The Davis Polk finance team included James A. Florack and James Vickers. Members of the Davis Polk team are based in the New York and São Paulo offices.

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