Proparco’s $140 Million Financing of Banco BTG Pactual S.A.

Becker, Glynn, Muffly, Chassin & Hosinski LLP advised Société de Promotion et de Participation pour la Coopération Economique (Proparco) of France on the deal.

Société de Promotion et de Participation pour la Coopération Economique (Proparco) of France, one of our European Development Finance Institution clients, announced a $140 million financing of Banco BTG Pactual S.A. (BTG) in Brazil. BTG is the largest investment bank in Latin America and a pioneer in promoting climate finance in Brazil. The loan from Proparco will contribute to the growth of BTG’s green loan portfolio and the fight against climate change.

This transaction closed in January, 2021. 

The Becker Glynn deal team consisted of Partner Patrick O’Brien (Picture) and Associate Sarina Fritz.

Involved fees earner: Sarina Fritz – Becker, Glynn, Muffly, Chassin & Hosinski LLP; Patrick O’Brien – Becker, Glynn, Muffly, Chassin & Hosinski LLP;

Law Firms: Becker, Glynn, Muffly, Chassin & Hosinski LLP;

Clients: Société de Promotion et de Participation pour la Coopération Economique;

Author: Martina Bellini