Natixis Equity Advisor, Structuring Bank, Mandated Lead Arranger and COFACE Agent in the Seabras-1 project, a new Brazil-US subsea cable project
Seaborn Networks and Natixis today announced the closing of the debt financing for Seabras-1, a new subsea fiber optic cable system between the commercial and financial centers of Brazil and the United States. Natixis acted as sole Structuring Bank, Underwriter, and Mandated Lead Arranger for the senior debt facilities. Given the involvement of the French export credit agency COFACE, Natixis also acted as COFACE Agent for the transaction. Natixis also acted as exclusive Equity Advisor for the equity-raising process.