MEDIA CONTACT
For media enquiries, please contact media@conyers.com
Subscribe to our e-mail list to get the latest News & Insights on Bermuda, BVI and Cayman law.
Conyers advised Tengizchevroil Finance Company International, a subsidiary of Tengizchevroil (TCO) on its capital raise of US$5 billion through an unregistered offering of senior secured bonds in the international markets and private loans that mirror the terms of those bonds.
The financing consists of US$1.25 billion of senior secured bonds sold internationally to investors under Rule 144A/Regulation S and the remainder in the form of senior secured pari passu loans provided by partners. The financing had many notable features including.