Banco Inter’s $208.2 Million Equity Offering


Machado Meyer, White & Case, Mayer Brown and Pinheiro Neto advised on the transaction

Banco Inter raised capital by $208 million after pricing a follow-on offering of 16.838 units.

Bradesco Securities, BTG Pactual, J.P. Morgan and Santander Investment Securities acted as placing agents on the offering.

Banco Inter S.A. operates as a bank. The Bank, led by Joao Vitor Nazareth Menin Teixeira De Souza, Guilherme Ximenes De Almeida and Marco Tulio Guimaraes offers a portfolio of credit solutions such as digital banking account, property and payroll loans, real estate financing, corporate credit, anticipation of receivables, insurance, investment products, and exchange services.

Machado Meyer advised Banco Inter S.A. with Gustavo Rugani do Couto e Silva (Picture), Guilherme Azevedo Ferreira Alves, Joao Pedro Franco de Sad and Wagner Eustaquio Duarte Junior.

White & Case advised Banco Inter S.A. in US.

Mayer Brown advised Bradesco Securities, Inc., BTG Pactual US Capital LLC, J.P. Morgan Securities LLC and Santander Investment Securities Inc. with David S. Bakst, Juan Pablo Moreno, Milena Muradian, Thomas Wu, Colleeen Dunn, Laura Franco, Carlos Motta, Rodolfo Constantino de Tella and Sophia Sebti.

In Brazil, Pinheiro Neto advised Banco Bradesco BBI S.A., Banco BTG Pactual S.A., Banco J.P. Morgan S.A. and Banco Santander (Brasil) S.A. with José Luiz Homem de Mello, Guilherme Sampaio Monteiro, Paula Regina Fernandes Rodrigues, Julia Barbosa Campos, Taisa Sani, Carolina Rocha Lima, Nina Goldman Cavalcanti and Safira Hee Sook Lee.

Involved fees earner: Guilherme Azevedo Ferreira Alves – Machado Meyer Advogados; Wagner Duarte – Machado Meyer Advogados; Joao Pedro Franco de Sad – Machado Meyer Advogados; Gustavo Rugani – Machado Meyer Advogados; David Bakst – Mayer Brown; Rodolfo Constantino de Tella – Mayer Brown; Colleeen Dunn – Mayer Brown; Juan Pablo Moreno – Mayer Brown; Carlos Motta – Mayer Brown; Milena Muradian – Mayer Brown; Sophia Sebti – Mayer Brown; Thomas Wu – Mayer Brown; Julia Barbosa Campos – Pinheiro Neto; Paula Regina Fernandes Rodrigues – Pinheiro Neto; José Luiz Homem de Mello – Pinheiro Neto; Carolina Rocha Lima – Pinheiro Neto; Guilherme Sampaio Monteiro – Pinheiro Neto; Taisa Sani – Pinheiro Neto;

Law Firms: Machado Meyer Advogados; Mayer Brown; Pinheiro Neto;

Clients: Banco Bradesco BBI S.A.; Banco Inter S.A. ; Banco J.P. Morgan S.A.; Banco Santander Brazil; Bradesco Securities; BTG Pactual; BTG Pactual US Capital, LLC; JP Morgan Securities; Santander Investment Securities Inc.;

Author: Ambrogio Visconti.