Pinheiro Neto advises a consortium of banks on Itaú issuance

Pinheiro Neto Advogados has assisted a group of banks in the $500 million issuance

Pinheiro Neto acted as Brazilian counsel to Banco BTG Pactual S.A. – Cayman Branch, Citigroup Global Markets Inc. (also stabilising manager), Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, Itau BBA USA Securities, Inc., and J.P. Morgan Securities LLC (as underwriters) on the issuance of $500 million Tier 2 Subordinated Notes by Itaú Unibanco Holding S.A., acting through its Grand Cayman Branch, under its $100,000,000,000 Global Medium-Term Note Programme, to raise funds for new and existing projects with environmental or social benefits.

Pinheiro Neto Advogados team was led by partner José Luiz Homem de Mello (picturd left) and Leonardo Baptista Rodrigues Cruz (pictured right), and involved associate Fernão Mesquita.

Shearman & Sterling LLP acted as the international advisor to the issuer and Clifford Chance as the international advisor to the dealers.