Shearman & Sterling represented UBS Investment Bank, BofA Securities, BTG Pactual, HSBC and Santander as initial purchasers and dealer managers in connection with Banco do Brasil’s $750 million bond offering and concurrent intermediated tender offer.

This liability management transaction is the latest in a long history of Shearman & Sterling advising in connection with offerings of debt and equity securities by Banco do Brasil. The transaction comprised the issuance of $750 million of 3.250 percent senior notes due 2026 issued by Banco do Brasil S.A., acting through its Grand Cayman Branch and a concurrent intermediated tender offer for up to $750 million of Banco do Brasil’s outstanding 3.875 percent senior notes due 2022, 4.875 percent senior notes due 2023 and 4.750 percent senior notes due 2024.

The Team