Pinheiro Neto advises underwriters on $1.8bn Petrobras tender offer
Brazilian law firm Pinheiro Neto Advogados has advised Banco Bradesco BBI, BB Securities, BofA Securities, Credit Suisse Securities, J.P. Morgan Securities and Scotia Capital (USA) on a $1.85 billion waterfall tender offer to purchase global notes issued by Petrobras Global Finance.
Pinheiro Neto’s team was led by partner Ricardo Simões Russo (pictured), with counsel Marcos Saldanha Proença, associate Vittoria Cervantes de Simoni and intern Gustavo Guedes Araújo.
The law firm also advised Banco de Investimento, Citibank, Banco Itaú BBA, Banco Santander (Brazil) and XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários as the underwriters on a 1.29 billion reais ($326 million) debentures issuance by Neoenergia. The law firm’s team was also led by partner Ricardo Simões Russo, with associates Thaís Lorenzi Ambrosano, Marcello Mammocci Pompolio, Vittoria Cervantes de Simoni and legal aide Brenno Allaim de Sousa.
In a separate transaction, Pinheiro Neto also acted for the lead underwriter, Banco Votorantim, in the issuance of debentures by Localiza Fleet for 300 million reais ($75.5 million), and in which partner Ricardo Simões Russo also led the team, with counsel Marcos Saldanha Proença, associate Vittoria Cervantes de Simoni and intern Gustavo Guedes Araújo.
