Shearman & Sterling represented lead managers Banco Santander, S.A., BB Securities Limited, Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, HSBC Bank plc, J.P. Morgan Securities plc, all acting as joint bookrunners, and Mitsubishi UFJ Securities International plc and Standard Charter Bank, acting as co-managers, in connection with a shelf takedown consisting of €1,300,000,000 3.25% Global Notes due 2019, €700,000,000 4.25% Global Notes due 2023 and £450,000,000 5.375% Global Notes due 2029 by Petrobras Global Finance B.V. (PGF). The Global Notes will be unconditionally guaranteed by Petróleo Brasileiro S.A.—PETROBRAS.
The following Shearman & Sterling team advised the underwriters in this transaction: partners Stuart Fleischmann (New York-Capital Markets), Don J. Lonczak (Washington, DC-Tax), and Mathias von Bernuth (São Paulo-Capital Markets) and associates Ivana Martins (São Paulo-Capital Markets), Fernanda Iacia (São Paulo-Capital Markets) and Jeffrey Tate (Washington, DC-Tax).
