Shearman & Sterling represented BB Securities Ltd., Banco Bradesco BBI S.A., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC as initial purchasers in connection with the offering of US$350 million 6.625% senior notes due 2024 issued by Tupy Overseas S.A., and guaranteed by its parent company Tupy S.A.

Tupy S.A. is a leading producer of cast iron engine blocks and cylinder heads for the automotive industry, as well as hydraulic iron pipe fittings and related products.