CAREY OLSEN: Carey Olsen advises on Ambipar’s US$400 million Green Notes and US$93 million add-on Green Notes

Press Release from Carey Olsen, Thursday 20 February, 2025.

Carey Olsen’s corporate team in the Cayman Islands has advised Ambipar Emergency Response (NYSE:AMBI) (“Response”), a sister company of Ambipar Lux S.à r.l. (“the Issuer”) and a subsidiary of Ambipar Participações e Empreendimentos S.A. (B3:AMBP3) (“Ambipar”), in connection with (i) the offering of US$400 million aggregate principal amount of 10.875% Green Notes due 2033 (“the Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S, and (ii) the add-on offering of US$93 million aggregate principal of Notes. The original issuance closed on 5 February 2025.

The Notes are guaranteed by Ambipar, Environmental ESG Participações S.A. and, subject to certain limitations, Response.

The Notes bear interest at the rate of 10.875% per annum and are callable after 5 February 2029. The net proceeds from the Notes will be used for the repayment of indebtedness and the remainder for general corporate purposes.

Carey Olsen partner Dylan Wiltermuth and attorney Catriona Severns from the Cayman Islands office advised Ambipar Emergency Response, alongside US counsel Simpson Thacher.

Ambipar is a leading one-stop shop platform that offers comprehensive environmental prevention solutions towards a circular and decarbonized economy with focus on protecting the environment, serving over 25,000 clients in more than 41 countries across the world.