Tupy’s $375 Million Notes Offering

Pinheiro Neto and White & Case advised Tupy Overseas S.A. on the offering. Simpson Thacher and TozziniFreire represented the initial purchasers in the offering.

Tupy Overseas S.A. (“Tupy Overseas”), a wholly owned financing subsidiary of Tupy S.A. (“Tupy”), executed its offering of US$375 million aggregate principal amount of its 4.5% Senior Notes due 2031 pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended. Tupy Overseas intends to use substantially all of the net proceeds from the offering to repay existing indebtedness (including pursuant to the cash tender offer and the redemption described below), with the remainder for general corporate purposes.

Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Itau BBA USA Securities, Inc., J.P. Morgan Securities LLC, Santander Investment Securities Inc. and UBS Securities LLC acted as initial purchasers for the offering.

Tupy is one of the world leaders in the production, sale and marketing of cast iron components for the capital goods industry, which are applied in trucks, buses, agriculture, construction and mining machinery, industrial, marine and power generation engines, among others, as well as for the passenger car sector.

In Brazil Pinheiro Neto advised Tupy Overseas S.A. with Ricardo Simões Russo, Marcos Saldanha Proença, Gustavo Guedes Araújo and Luísa Reis Lopes Correia.

White & Case advised Tupy Overseas S.A. in US.

The Simpson Thacher team for the initial purchasers included Grenfel S. Calheiros (Picture), Kirsten L. Davis, Siddharth Fresa and Laura Ribero (Capital Markets – New York and São Paulo); and Jonathan E. Cantor and Edward Grais (Tax).

TozziniFreire advised the initial purchasers on the offering.

Involved fees earner: Gustavo Guedes Araújo – Pinheiro Neto; Ricardo Simões Russo – Pinheiro Neto; Marcos Saldanha Proenca – Pinheiro Neto; Grenfel Calheiros – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Kirsten Davis – Simpson Thacher & Bartlett; Siddharth Fresa – Simpson Thacher & Bartlett; Edward Grais – Simpson Thacher & Bartlett;

Law Firms: Pinheiro Neto; Simpson Thacher & Bartlett;

Clients: Citigroup Global Markets Ltd; Itaú BBA USA Securities; J.P. Morgan Securities LLC; Morgan Stanley; Santander Investment Securities Inc.; Tupy Overseas S.A.; UBS Securities LLC;

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