Several Brazilian law firms act in the sale of Braskem

BMA – Barbosa Müssnich Aragão, Pinheiro Neto Advogados, Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados, Machado Meyer Sendacz e Opice Advogados and international law firms acted in the sale of Braskem

Petrobras and Novonor have approved the sale of up to 100% of the preferred shares they hold in Braskem to be held through a secondary public offering of shares.

In this first public offer, up to 154.9 million Series A preferred shares will be sold.

The two partners will maintain control of the petrochemical company at this first moment.

The lead coordinator of the global offering is Bank Morgan Stanley. Also participating in the operation are JPMorgan, Bradesco BBI, BTG Pactual, Citi, Itaú BBA, Santander and UBS BB.

Headquartered in São Paulo, Braskem is a petrochemical company with global operations.

Barbosa Müssnich Aragão – Brazilian board member of Braskem S.A., with partners Luiz Antônio de Sampaio Campos (pictured top left), Henrique Vargas Beloch and Felipe Prado; associates Júlia Rosa Barbosa Alves Rodrigues, Alexandre Lindenberg, Luís Eduardo Al-Contar and Julia Zarth.

Simpson Thacher & Bartlett LLP – International counsel to Braskem S.A. included attorneys Grenfel S. Calheiros, Kirsten L. Davis, Marcelo B. Lorenzen, Fernando J. Friedmann Júnior, Jonathan Cantor, and Lina Pam.

Pinheiro Neto Advogados – Brazilian counsel to the underwriters Banco Morgan Stanley S.A., Banco J.P. Morgan S.A., Banco Bradesco BBI S.A., Banco BTG Pactual S.A., Citigroup Global Markets Brasil, Corretora de Câmbio, Títulos e Valores Mobiliários S.A, Banco Itaú BBA S.A., Banco Santander (Brasil) S.A. e UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários S.A. and had partner Guilherme Sampaio Monteiro (pictured top right), senior associate Paula Rodrigues, associates Mateus Martins Camarotti, and Isabelle Germaine Fernandes Noro Valente, and legal assistant Felipe de Santi Arrebola.

Milbank LLP – International counsel for the coordinators with a team composed by Tobias Stirnberg, Fabiana Sakai, Maria Carvalho Rodriguez, Marcella Gurgel, Alexia Raad, Amanda Borges and Arthur Dalmarco.

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados – Brazilian counsel of NSP Investimentos with partners Marcelo Sampaio Góes Ricupero (pictured bottom left), Caio Cossermelli, Jean Marcel Arakawa, and associates Scylla de Moraes Barros Fucs, Carolina Laboissiere Muzzi, Rodrigo Miguel Braga and Rafaela Zenaro Maron.

Skadden, Arps, Slate, Meagher & Flom LLP – International counsel to NSP Investimentos had the lawyers Paul Schnell, Filipe B. Areno, Thomas W. Greenberg, Lauren R. Bennett, Carlo von Hanstein, and Thiago Claro.

Machado Meyer Sendacz e Opice Advogados – Petrobrás’ Brazilian counsel had partners Arthur B. Penteado (pictured bottom right), Daniel Szyfman, Gustavo Secalf Rebello, Alessandra de Souza, and lawyers Alexandra Menescal Palhares, Renata Passos, Leonardo Sabongi Guimarães, and trainee Giulio Benedetti.

Baker Mackenzie LLP – International counsel to Petrobrás and had lawyers: Carol Stubblefield, Mark Tibberts, Roger Bivans, Adam Buehler, Molly Zhu, Gillian Lu, Beatriz Aranha and Felipe Ferenzini.

Emmet, Marvin & Martin, LLP – International counsel to Bank of New York Mellon (depositary of the “ADRs”) with attorney Bruce Wilde.