IRB-Brasil Resseguros’s $648.2 Million Secondary Offering


Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga, Hogan Lovells and Lefosse advised on the deal

IRB Brasil Resseguros S.A. executed its secondary share offering involving the 9% of its capital owned by Fundo de Investimento Caixa Fgeduc Multimercado, FI-FGEDUC.

Caixa Econômica Federal, Bank of America Merrill Lynch, Banco Bradesco SA, Itaú Unibanco Holding SA and Banco do Brasil SA acted led manager on the offering.

IRB Brasil Resseguros SA operates as a reinsurance company. The firm, led by Jose Carlos Cardoso, Fernando Passos and Lucia Maria Da Silva Valle, in 2018 recorded $1.8 billion revenues.

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga advised Fundo de Investimento Caixa Fgeduc Multimercado and IRB-Brasil Resseguros S.A. with Jean Marcel Arakawa (Picture) Elisa Fachin Soares Lemos, Felipe Rezende Kachan and Gabriela Castro Rabelo.

Hogan Lovells advised Fundo de Garantia de Operações de Crédito Educativo (FGEDUC) with Isabel Costa Carvalho, Sina R. Hekmat, David Contreiras Tyler and Arthur Rodrigues do Amaral.

Lefosse Advogados advised Caixa Econômica Federal, Bank of America Merrill Lynch Banco Múltiplo S.A., Banco Bradesco BBI S.A., BB-Banco de Investimento S.A. and Banco Itaú BBA S.A. with a team including Rodrigo Junqueira, Luiz Octavio Lopes, Felipe Gibson, Luciana Moutinho, Maria Julia Argollo, Sylvie Heck Cadier and Louise West.

Involved fees earner: David Contreiras Tyler – Hogan Lovells; Isabel Costa Carvalho – Hogan Lovells; Sina Hekmat – Hogan Lovells; Arthur Rodrigues do Amaral – Hogan Lovells; María Julia Argollo – Lefosse; Rodrigo Junqueira – Lefosse; Felipe Gibson – Lefosse; Luiz Octavio Lopes – Lefosse; Luciana Moutinho – Lefosse; Jean Marcel Arakawa – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Gabriela Castro Rabelo – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Elisa Fachin Soares Lemos – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Felipe Rezende Kachan – Mattos Filho Veiga Filho Marrey Jr & Quiroga;

Law Firms: Hogan Lovells; Lefosse; Mattos Filho Veiga Filho Marrey Jr & Quiroga;

Clients: Banco Bradesco BBI S.A.; Banco Itau BBA; Bank of America Merrill Lynch; BB Banco de Investimentos S.A; Caixa Econômica Federal (CEF); Fundo de Garantia de Operações de Crédito Educativo; Fundo de Investimento Caixa Fgeduc; IRB-Brasil Resseguros S.A.;