Shearman & Sterling advised Azul Investments LLP, an affiliate of Azul S.A., the largest airline in Brazil in terms of departures and cities served, in connection with its debut Rule 144A/Regulation S offering of $400 million 5.875% senior notes due 2024 guaranteed by Azul S.A. and Azul Linhas Aéreas Brasileiras.

The joint book-running managers included J.P. Morgan Securities, Citigroup Global Markets, Santander Investment Securities, Banco do Brasil Securities, Banco Bradesco BBI, and Itau BBA USA Securities.

The Team