Banco do Brasil taps debt markets for us$750 million
3 / 04 / 2019
Author: Luis Bulcao Pinheiro
Shearman & Sterling LLP in London, New York and São Paulo, Harneys in the Cayman Islands, and Campos Mello Advogados in São Paulo have helped Banco do Brasil issue US$750 million worth of notes.
The deal managers hired Hogan Lovells LLP in New York and São Paulo, and Machado Meyer Advogados in São Paulo.
The issuance was settled on 20 March. The senior unsecured notes were issued under Banco do Brasil’s US$20 billion Euro Medium Term Note Programme. Banco do Brasil initiated the programme in 2017 with a US$1 billion issuance. The programme ended a three-year period in which the state-owned bank did not issue securities on the international markets.
Counsel to Banco do Brasil
Shearman & Sterling LLP
Partner Stuart Fleischmann and associate Minkyu Park in New York; partner James Duncan and associate Woo Suk Hong in London; partner David Flechner, counsel Roberta Berliner Cherman, and associate Mariana Pacini in São Paulo
Partner Nicole Pineda and associate Ana Lazgare in the Cayman Islands
Counsel to BB Securities, BNP Paribas, Goldman Sachs, Itaú BBA, and Standard Chartered Bank
Hogan Lovells LLP
Partner Evan Koster, counsel David Contreiras Tyler and international lawyer Arthur Amaral in New York; partner Isabel Costa Carvalho in São Paulo
Machado Meyer Advogados
Partner Eliana Ambrosio Chimenti and associates Alessandra de Souza Pinto, Karina Tiaki Momose and Heithor Murakami Dall’Amico in São Paulo