Shearman And Sterling

News January 15, 2021

Itaú Unibanco’s US$500 Million Tier II Notes Offering

Shearman & Sterling advised issuer Itaú Unibanco Holding S.A., acting through its Grand Cayman branch, in connection with the issuance of its US$500 million 3.875 percent subordinated Tier 2 notes due 2031 under its Global MTN Programme.

The notes are the first Tier 2 notes issuance by a Brazilian financial institution to finance green and social project and marks the launch of Itaú Unibanco´s Sustainability Finance Framework.

Shearman & Sterling is honored to have advised Itaú Unibanco in this groundbreaking transaction.

The Shearman & Sterling team below also included international associate Gabriela Cerqueira.

The Team