Ultrapar Completes Private Issuance of Senior Unsecured Bonds

Skadden advised Ultrapar Participações S.A. in $750 million 10-year senior unsecured bonds issued by Ultrapar International S.A. and guaranteed by each of Ultrapar Participações S.A. and Ipiranga Produtos de Petróleo S.A. This benchmark size issuance, rated Ba1/BB+, was Ultrapar's first time accessing the international debt capital markets since 2005.