Simpson Thacher represented BTG Pactual, Citigroup, Credit Agricole CIB (Sustainability Structuring Advisor), Credit Suisse, Itau BBA and Santander as dealers in connection with the offering by BTG Pactual S.A., acting through its Cayman Islands branch (“BTG Pactual”), of US$500 million aggregate principal amount of 2.75% Senior Notes due 2026 (the “Green Bonds”). The Green Bonds were issued under BTG Pactual’s MTN Programme, and in reliance on Rule 144A and Regulation S.
BTG Pactual is a financial institution with origin and headquarters in Brazil, acting in the main Latin American markets. The proceeds of the Green Bonds will be used to finance and/or refinance eligible green projects, in accordance with BTG Pactual’s Green, Social and Sustainable Financing Framework.
The Simpson Thacher team for the transaction included Grenfel S. Calheiros, Luiz Noronha and Raissa Fini (Capital Markets – São Paulo); Nicholas J. Shaw, Clare Gaskell, Deborah Harris and Lucy Gillet (Capital Markets – London); Jonathan E. Cantor and Kris Liu (Tax – New York); and Yash Rupal and Ellie Verran (Tax – London).