Nachrichten May 16, 2014

Shearman & Sterling Advises on Caixa Econômica Federal’s $1.3 Billion Notes Offering

Shearman & Sterling represented Caixa Econômica Federal, the largest fully government-owned bank in Latin America, in connection with the issuance of $1,300,000,000 4.250% Senior Notes Due 2019 under its $5,000,000,000 Medium-Term Note Program. The notes are listed on the Luxembourg Stock Exchange. BB Securities Ltd., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Banco Bradesco BBI S.A., Banco BTG Pactual S.A.-Cayman Branch, Itau BBA USA Securities, Inc. and J.P. Morgan Securities LLC acted as joint lead managers.

The following Shearman & Sterling team advised Caixa in the transaction: partner Stuart Fleischmann (New York-Capital Markets); counsel Carla Passos (New York/São Paulo-Capital Markets); associates Fernanda Iacia (São Paulo-Capital Markets), Tarik Gause (São Paulo-Capital Markets), Judy Fisher (Washington, DC-Tax), and Jeffrey Tate (Washington, DC-Tax); and international associate Ivan Iais (New York-Capital Markets).

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