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News Dec 14, 2017

Banco BTG Pactual S.A.’s $5 Billion Global Medium-Term Note Program

Shearman & Sterling represented BB Securities Ltd., Banco Bradesco BBI S.A., BTG Pactual US Capital, LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC and UBS Securities LLC as joint lead managers in connection with Banco BTG Pactual S.A.’s update of its $5 billion global medium-term note program and its takedown under the program, acting through its Luxembourg branch, of $500 million 5.5% senior notes due 2023, which are listed on the Luxembourg Stock Exchange and traded on the Euro MTF Market.

The Shearman & Sterling team included partner Stuart K. Fleischmann (New York-Capital Markets); counsel Roberta Cherman (São Paulo-Capital Markets) and Jeffrey Tate (Washington, DC-Tax); associates Flavio Averbug (New York-Capital Markets), Tom Berisford, Woo Suk Hong (both London-Finance) and Devon Yamauchi (Washington, DC-Tax); and international associates William Kim and Diana Balassiano (both New York-Capital Markets).