Cleary Gottlieb represents Brazil in $3.5bn bond offering
Cleary Gottlieb has represented Brazil in a $3.5 billion SEC-registered bond offering.
The offering comprised a $1.25 billion aggregate principal amount of 2.875 per cent global bonds due 2025, and a $2.25 billion aggregate principal amount of 3.875 per cent global bonds due 2030.
BofA Securities, Deutsche Bank Securities, Itau BBA and JP Morgan acted as joint lead managers for the offering.
The global notes were registered with the SEC under Brazil’s registration statement on Schedule B and were listed on the Luxembourg Stock Exchange on June 11, 2020.
The Cleary securities team consisted of New York-based partner Nick Grabar and São Paulo-based Juan Giráldez (pictured), São Paulo-based associates Rita Sobral and Silvia Fittipaldi and New York-based corporate practice attorney Maya Ilich-Buxo. while New York-based senior attorney David Stewart Fisher and associates JinSol Lee and David Maranjian advised on US tax matters.
