Ogier's LatAm team advises Banco BTG Pactual on US$500 million offering

Ogier's team in the Cayman Islands has advised long-standing client Banco BTG Pactual, one of Latin America's largest investment banks, on its US$500 million notes issuance.

The proceeds from the issuance will be used to repay existing debt and for other general corporate purposes. The notes are set to mature in 2029, have an interest rate of 6.25% and were issued under Banco BTG Pactual’s medium-term notes programme.

An Ogier team, led by partner James Heinicke and associate Thomas Sims, advised on the Cayman law elements of the notes issuance.

"We are delighted to have assisted Banco BTG Pactual with another significant transaction for the bank, which demonstrates the enduring appeal of Cayman Islands branches for Brazilian financial institutions," said James.

Ogier's LatAm team of Cayman and BVI qualified attorneys has a long track record of working with clients in Latin America, enabling and structuring investment into and out of the region. The team provides advice on funds, corporate, private wealth, banking and finance, and litigation support and has an extensive network of clients in Brazil, Chile, Argentina, Colombia, Peru and Central America.

Read more about our LatAm team: At a Glance Guide to Ogier's Latin American team | Ogier