Banco Inter’s $306.2 Million Stock Offering


Machado Meyer, Mayer Brown and Pinheiro Neto advised on the deal

Banco Inter SA executed its offering of $306.2 million stock.

Banco Bradesco BBI, Goldman Sachs do Brasil Banco Múltiplo, Banco BTG Pactual, Banco J.P. Morgan, Banco Santander (Brasil) and Caixa Econômica Federal acted as underwriters on the offering.

Banco Inter S.A. operates as a bank. The Bank, led by Joao Vitor Nazareth Menin Teixeira De Souza, Ana Luiza Vieira Franco Forattini and Guilherme Ximenes De Almeida, 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. In 2018, the bank recorded $176 Million revenues.

Machado Meyer advised Banco Inter S.A. with Eduardo Castro (Picture), Gustavo Secaf Rebello, Gustavo Rugani do Couto e Silva, Andre Micheloni Spagnuolo, Arthur De Oliveira Cunha Miranda, Heithor Murakami Dall’Amico and Paulo Estevão Miranda.

Tauil & Chequer Advogados (Mayer Brown) advised the underwriters with Carlos Motta, Milena Muradian and Luisa de Mesquita. In US, Mayer Brown advised the underwriters with David S. Bakst and Juan Pablo Moreno.

Pinheiro Neto advised the underwriters with a team including José Luiz Homem de Mello, Guilherme Sampaio Monteiro, Tatiana Guazzelli, Julia Barbosa Campos, Carolina Rocha Lima, Taisa Sani, Thomas P.H. de Vasconcelos and Gabriela Lancellotti Schwarz.

Involved fees earner: Arthur De Oliveira Cunha Miranda – Machado Meyer Advogados; Eduardo Castro – Machado Meyer Advogados; Paulo Estevão Miranda – Machado Meyer Advogados; Andre Micheloni Spagnuolo – Machado Meyer Advogados; Heithor Murakami Dall’Amico – Machado Meyer Advogados; Gustavo Rugani – Machado Meyer Advogados; Gustavo Secaf Rebello – Machado Meyer Advogados; David Bakst – Mayer Brown; Juan Pablo Moreno – Mayer Brown; Carlos Motta – Mayer Brown; Milena Muradian – Mayer Brown; Julia Barbosa Campos – Pinheiro Neto; José Luiz Homem de Mello – Pinheiro Neto; Tatiana Mello Guazzelli – Pinheiro Neto; Carolina Rocha Lima – Pinheiro Neto; Guilherme Sampaio Monteiro – Pinheiro Neto; Luisa Sisconeto de Mesquita – Souza, Berger, Simões, Plastina e Zouvi ;

Law Firms: Machado Meyer Advogados; Mayer Brown; Pinheiro Neto; Souza, Berger, Simões, Plastina e Zouvi ;

Clients: Banco Bradesco BBI S.A.; Banco Inter S.A. ; Banco Santander Brazil; BTG Pactual; Caixa Econômica Federal (CEF); Goldman Sachs & Co.; JP Morgan;