Andrews Kurth Represents IDB in First Biofuels Financing in Brazil

SAO PAULO, BRAZIL – Andrews Kurth represented the Inter-American Development Bank in its corporate secured A loan to Usina Moema Açúcar e Álcool Ltda. (Moema), the proceeds of which will be used for the purpose of restructuring Moema’s debt and funding expansion of its ethanol production operations.

The lead lenders included IDB, Rabobank and Banco Itau  Europa for a total co-financing of $120 million, with each bank lending $40 million.  

The Andrews Kurth team of lawyers included Vera Rechsteiner, Doris Rodriguez, Dahl Thompson, Judy Reyes, Nara Porto, Linda Dole and Andy Tucker. The deal closed August 15, 2007.

For more than a century, Andrews Kurth LLP has built its practice on the belief that “straight talk is good business.” Real answers, clear vision and mutual respect define the firm’s relationships with clients, colleagues, communities and employees. With more than 400 lawyers and offices in Austin, Beijing, Dallas, Houston, London, Los Angeles, New York, The Woodlands and Washington, DC, Andrews Kurth represents a wide array of clients in all areas of business law. For more information about Andrews Kurth, please visit andrewskurth.com.