Brazil in $3 Billion Offerings
November 15, 2019
Cleary Gottlieb represented the Federative Republic of Brazil (Brazil) in the SEC-registered offerings of $2.5 billion aggregate principal amount of 4.75% global bonds due 2050 and $500 million aggregate principal amount of 4.5% global bonds due 2029.
The latter is a further issuance of, and a consolidated single series fully fungible with, $1.5 billion aggregate principal amount of Brazil’s 4.5% global bonds due 2029 issued on March 28, 2019.
BNP Paribas, Citigroup, and Goldman Sachs & Co. LLC acted as joint lead managers for the offering. The offering priced on November 4, 2019, and closed on November 14, 2019.
The global notes were registered with the SEC under Brazil’s registration statement on Schedule B and were listed on the Luxembourg Stock Exchange on November 15, 2019.