Global law firm White & Case LLP represented Credit Suisse Securities (USA) LLC and Santander Investment Securities Inc., as initial purchasers and joint bookrunners, in connection with the offer and sale of US$1.75 billion 5.750% senior notes due 2021 by Centrais Elétricas Brasileiras SA – Eletrobras, the Brazilian government-controlled electricity generation, transmission and distribution holding company and the largest electricity generation and transmission company in Brazil. The notes were offered to qualified institutional buyers (as defined in Rule 144A under the US Securities Act of 1933, as amended) in the United States and institutional and other investors outside Brazil and the United States in accordance with Regulation S under the Securities Act.

São Paulo partners Fernando de la Hoz and Donald Baker led the deal, with assistance from partners Ray Simon (Tax, New York), Mark Hamilton (Employee Benefits, New York) and Stuart Matty (Capital Markets, London), as well as associates Abraham Paul (Latin America, São Paulo), Karen Katri (Latin America, São Paulo) John Yandell (Latin America, São Paulo), Olga Bogush (Tax, New York) and Melanie Davies (Capital Markets, London).