COSAN S.A. INDÚSTRIA E COMÉRCIO
Corporate Taxpayers’ ID (CNPJ/MF): 50.746.577/0001-15
Company Registry (NIRE) 35.300.177.045
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Notice to the Market
Cosan S.A. Indústria e Comércio (Bovespa: CSAN3), pursuant to CVM Instruction 358 of January 3, 2002, today announced that its subsidiary Cosan Overseas Limited has priced a US$ 300 million perpetual bond offering pursuant to Regulation S under the Securities Act.
The Perpetual Senior Notes, bearing interest of 8.25% per annum, are guaranteed by Cosan S.A. Indústria e Comércio and, upon consummation of the proposed Joint Venture between Cosan and Shell, Cosan Combustíveis e Lubrificantes S.A. ("CCL"), which will, at the time, hold exclusively the Lubricants business. This issuance has been rated Ba2 (stable) by Moody's, BB (stable) by Standard and Poor's and BB (stable) by Fitch.
Cosan group will use the net proceeds from the offering to repay short and medium-term indebtedness and remaining net proceeds will be used for general corporate purposes, including strengthening of our working capital position. This transaction, which will not be contributed to the JV with Shell, significantly extends the maturity profile of the group's indebtedness.
The senior notes have not been and will not be registered under the Securities Act and may not be offered or sold to U.S. persons. Since the senior notes will not be offered or sold in Brazil, they will not be registered with the Brazilian securities commission (CVM). This Notice to the Market does not constitute an offer to sell or the solicitation of an offer to buy any security.
São Paulo, October 29th, 2010
Marcelo Martins
Investor Relations Officer