Shearman & Sterling represented the global coordinators in connection with the US$451 million initial public offering of CETIP S.A. - Balcão Organizado de Ativos e Derivativos. CETIP operates the leading marketplace for private fixed income securities and OTC derivatives in Latin America.

The principal attorneys involved were partner Andrew Jánszky (São Paulo) and associates Claudio Oksenberg (São Paulo) and Helen Naves (New York).