Amanda Borges

Primary Focus & Experience

Amanda’s practice focuses on providing New York law advice to both corporate and financial institutions on a broad range of capital markets and structured finance domestic and cross-border transactions, as well as distressed financing transactions and M&A. Her practice also includes advising on corporate governance, SEC reporting for domestic and foreign private issuers, and compliance matters, and she has experience across a broad range of industries, including oil & gas, infrastructure, retail, agrobusiness, pharmaceutical/healthcare, technology, mining, financial services, aviation and biofuels.

Among her recent representations:

Acquisition Financing

• 3R Petroleum – represented the borrower in connection with the US$1 billion financing for the acquisition of the assets of the Potiguar oil and gas cluster from Petrobras. The total financing comprised a US$500 million credit agreement syndicated to international and Brazilian banks, and a US$500 million local offering of debentures. In addition to advising in the negotiation and contracting of the syndicated credit facility, Milbank also assisted 3R Petroleum in the related international hedge transactions

Project Bonds

• Prumo Logística – represented Prumo group in connection with an aggregate $1.1 billion in project bond offerings and a US private placement backed by its subsidiaries Prumo Participações (owner of 50% of Ferroport Logistica) and Vast (formerly known as Acu Petróleo), both providers of port terminal services in Rio de Janeiro, Brazil

High Yield Debt

• FS Bioenergia – represented FS Bioenergia which is one of Brazil’s largest producers of ethanol and a market leader in the production of environmentally friendly biofuels (as well as a leading Brazilian producer of animal nutrition products made from corn), in its inaugural green bond offering, subsequent reopenings and general financing matters
• Aegea – represented the initial purchasers in the offering of sustainability-linked bonds of Aegea, the largest privately-owned water and sewage service provider in Brazil, involving its commitment regarding social liability matters and to reduce energy consumption in its operations

Liability Management

• Embraer in liability management and bond transactions
• Initial purchasers and dealer managers in liability management and bond transactions by Brazilian petrochemicals company Braskem, including in the first hybrid debt offering by a Brazilian corporate issuer non-financial institution) in over a decade
• Initial purchasers and dealer managers in liability management and bond transactions by leading pulp and paper company Klabin, including in its green bond reopening and its issuance of sustainability-linked notes

Equity

• Aura Minerals – represented the syndicate of banks in the offering of Brazilian Depositary Receipts (BDRs) representing shares of Aura Minerals Inc., the first-ever IPO in Brazil with restricted selling efforts to institutional investors relying on Brazilian Securities Commission Instruction 476/2009
• Magazine Luiza – represented the issuer in its equity follow-on offerings in 2019 and 2021, representing approximately US$1 billion in capital raised
• Petz – represented Petz, one of the main pet solutions retail and services platform in Brazil, in its initial public offering and subsequent follow-on
• Locamérica – represented the syndicate of the banks in the follow-on offering of Locamérica, the leading fleet outsourcing company and the second largest car rental company in Brazil, in its follow-on offering
• ClearSale – represented the issuer in the initial public offering of ClearSale, one of the largest digital antifraud solutions in Brazil in segments such as e-commerce, financial transactions, direct sales, telecommunications, and insurance.
• Mosaico – represented Mosaico, the largest digital platform for content and origination of e-commerce sales in Brazil, in its initial public offering
• Grupo Mateus – represented Grupo Mateus, the largest food retail company in Brazil with 100% Brazilian capital, and the fourth largest food retail company in Brazil, in its initial public offering
• LOG Commercial Properties – represented the syndicate of the banks in connection with the follow-on offering of LOG Commercial Properties, one of the leading companies in the Brazilian market for logistics and industrial warehouses
• Pague Menos – represented the syndicate of banks in the initial public offering of Pague Menos, one of the largest drugstore chains in Brazil
• Banco BMG – represented the syndicate of banks in the initial public offering of Banco BMG

SEC Reporting and General Matters

• Embraer in corporate finance, corporate governance and SEC reporting matters
• Itau Unibanco in corporate finance, corporate governance and SEC reporting matters

Restructuring / Reorganization

• Represented Andrade Gutierrez, an engineering and heavy construction company in Brazil, in its debt reorgan

Recognition & Accomplishments

Ms. Borges earned her LL.M. from New York University School of Law and earned her law degree from the Universidade do Estado do Rio de Janeiro, Brazil. She speaks Portuguese and English, and is proficient in Spanish.