FERRERE worked with Mercuria Energy Group, one of the largest energy and commodity traders worldwide, on a convertible note financing arrangement for up to USD 60 million, issued by Seacrest Petroleo.
The investment aims to support Seacrest’s acquisition of the Norte Capixaba cluster, along with other working capital purposes.
The transaction, concluded at the outset of May, also involved legal firms in Brazil, the United Kingdom and Bermuda.
With headquarters in Geneva and a presence in over 50 countries, Mercuria operates in the oil, fuel, natural gas and metals markets.
FERRERE’s advice was led by partner Diego Rodríguez, and included a broad team of associates: Cecilia Trujillo, María Victoria Costa and Paola Cabrera.