Pinheiro Neto Advogados, Clifford Chance LLP and Appleby Global have helped Brazil′s Banco Bradesco make two bond issuances for an aggregate US$1.35 billion.

The international bonds were launched, priced and issued on 16 May, with Machado, Meyer, Sendacz e Opice Advogados and Cleary Gottlieb Steen & Hamilton LLP advising the dealers, Goldman Sachs, Citigroup and Bradesco.

"The transaction was completed on an extremely quick timetable, with launch taking place three days after kick-off and pricing on the same day as launch," says Clifford Chance partner Anja Pfleger. "There was a lot of hard work in a short period of time and the success of the deal is a testament to the entire working group."

"The transaction involved a fixed rate series and a floating rate series to meet investor demand," she adds.

The same firms have worked on other issuances by Bradesco, the latest one in January. Prior to that all of the firms except Appleby worked on a US$1.1 billion bond sale that took place in August.

Counsel to Bradesco

Brazil

Pinheiro Neto Advogados

Partner Enrico Bentivegna and associate Vitor Fernandes de Araujo

US

Clifford Chance LLP

Partner Anthony Oldfield and associates Anand Saha, Anja Pfleger and Greg Scott

Cayman Islands

Appleby Global

Counsel to the dealers

Brazil

Machado, Meyer, Sendacz e Opice Advogados

Partner Nei Schilling Zelmanovits and associates Karina Tiaki Momose and André Politi Esposito Gomes

US

Cleary Gottlieb Steen & Hamilton LLP

Partner Francesca Odell and international lawyer Ana Paula Calil

(Latin Lawyer 19.05.2011)

(Notícia na Íntegra)