DOCSLIB.ORG

Filipe B. Areno

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Filipe B. Areno Filipe B. Areno Partner, São Paulo Capital Markets; Mergers and Acquisitions Filipe B. Areno assists Latin American and U.S. clients in a wide range of corporate transac- tions, including public and private offerings of equity and debt securities, mergers and acqui- sitions, and financings. Mr. Areno has worked on more than 50 securities offerings, including of Banco BTG Pactual, Azul, Ultrapar, Cosan, Tarpon, BR Malls, Iguatemi, MetLife and Banco do Brasil. In addition, he has been involved in several M&A transactions, including representing Deutsche Bank AG as financial advisor in AmBev’s US$1.2 billion acquisition of Cervecería Nacional Dominicana and Vale’s US$3.8 billion acquisition of the Brazilian fertilizer business of Bunge Limited. Mr. Areno is regularly ranked among the leading professionals in his field, including repeatedly being named by Latinvex as one of Latin America’s Top 100 Lawyers in Capital Markets and Corporate/M&A, in Chambers Global for Capital Markets: International and in T: 55.11.3708.1848 Chambers Latin America for Capital Markets. Mr. Areno was also selected as a 2018 Client F: 55.11.3708.1845 Choice Awards winner in the mergers and acquisitions category and listed as an Expert in [email protected] 2018 by Who’s Who Legal: Brazil for both M&A and Capital Markets and Who’s Who Legal: Corporate for M&A. In addition, Mr. Areno was listed in Best Lawyers in Brazil 2020 and as a Notable Practitioner by IFLR1000 2018. Education LL.M., The University of Chicago Recent notable matters include representing: Law School, 2003 J.D., The University of São Paulo Equity Offerings Law School, 2000 - Bradesco BBI, Morgan Stanley, Santander, Banco do Brasil, Itau BBA, Merrill Lynch, BTG Pactual, Credit Suisse and Goldman Sachs as placement agents in Rumo S.A.’s Bar Admissions offering of common shares under Rule 144A/Reg S totaling an aggregate value of R$2.6 Foreign Consultant admitted by the billion (approximately US$820 million). The shares have been listed on the São Paulo Ordem dos Advogados do Brasil Stock Exchange in Brazil; (Brazilian Bar), São Paulo section - J.P. Morgan, BMO Capital Markets, Morgan Stanley, Credit Suisse, Merrill Lynch, New York Citigroup, Scotiabank, Bradesco BBI, Credicorp Capital, ABN AMRO, Banco do Brasil Securities, Macquarie Capital, MUFG, National Bank of Canada and RBC Capital Markets Languages as underwriters in the initial public offering of common shares of Nexa Resources S.A. English (formerly known as VM Holding S.A.), one of the largest mining companies in Latin Portuguese America and a subsidiary of the Votorantim Group. The common shares are dually listed Spanish on the New York Stock Exchange and the Toronto Stock Exchange; - International Meal Company Alimentação S.A. and certain shareholders in a $140 million secondary offering of more than 55 million common shares placed through restricted placement efforts in Brazil and abroad; - Brazilian investment company Península, controlled by Brazilian entrepreneur Abilio Diniz, as a selling shareholder in the R$5 billion (US$1.6 billion) initial public offering of Carre- four’s Brazilian subsidiary. This was Brazil’s largest initial public offering in four years; - Merrill Lynch, Pierce, Fenner & Smith, BTG Pactual US Capital, Bradesco Securities, Itau BBA USA Securities, Santander Investment Securities and XP Securities in Omega Geração S.A.’s R$464 million Reg S/Rule 144A IPO of its common shares; - Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Itau BBA USA Secu- rities, Inc. as global coordinators in Azul S.A.’s US$645 million IPO and subsequent follow-on offering of preferred shares in the form of American depositary shares on the New York Stock Exchange and preferred shares on the São Paulo Stock Exchange; 1 Skadden, Arps, Slate, Meagher & Flom LLP Filipe B. Areno Continued - Valid Soluções e Serviços de Segurança em Meios de Pagamento Mergers and Acquisitions e Identificação S.A. in connection with its US$100 million - Embraer in its US$4.4 billion joint ventures (commercial and follow-on offering of common shares under Rule 144A/Reg S, military) with Boeing; with a simultaneous offering in Brazil under CVM Rule 476, a novel private placement exemption from the registration require- - Adtalem Global Education, a global workforce solutions provider, ments of Brazilian securities law. This was the first offering of its on the sale of its Brazilian educational business to YDUQS for kind in Brazil under CVM Rule 476; US$465 million. YDUQS, formerly known as Estácio Partici- pações, is the second-largest post-secondary education company - FPC Par Corretora de Seguros S.A. and the selling shareholders in Brazil and its controlling shareholder is the private equity firm in their initial public offering of common shares under Rule 144A/ Advent International; Reg S. The shares were listed on the Novo Mercado segment of BM&FBOVESPA, the São Paulo Stock Exchange; - CarrierEQ Inc., also known as Airfox, in its partnership with Via Varejo S.A. (one of the largest electronic retailers in the world); - Brazil Pharma S.A. in its US$271 million Rule 144A/Reg S follow-on equity offering on the São Paulo Stock Exchange; - Ultrapar Participções S.A. in its US$820 million proposed acqui- sition of Liquigás Distribuidora S.A. from Petrobras. All three - Banco BTG Pactual and BTG Pactual Participations in their companies are based in Brazil; landmark US$2 billion initial public offering of units (“Deal of the Year for 2012” by IFLR) and the establishment of Banco BTG - Banco BTG Pactual S.A. (Brazil) in its US$1.7 billion acquisition Pactual’s US$3 billion MTN Program and issuances thereunder, of BSI S.A. (Switzerland), the private banking group owned by including a US$160 million Reg S offering of notes denominated Assicurazioni Generali S.p.A. (Italy). Mr. Areno also represented in Chinese renminbi (the first public offering of Brazilian bonds in Banco BTG Pactual S.A. in the related acquisition financing, the Chinese market); which included a US$1.3 billion Rule 144A/Reg S offering of perpetual non-cumulative junior subordinated (Tier 1) notes; - Triunfo Participações e Investimentos S.A. (a Brazilian company that operates in the infrastructure segment) in its US$318 million - The AES Corporation, an independent power generator and a offering of common shares and global depositary shares; developer of power plants, as regulatory counsel in its US$51 million sale of two biomass energy facilities and a biomass - Itau BBA USA Securities, Inc., Merrill Lynch, Pierce, Fenner & energy fuel management business in Central Valley, California, Smith Incorporated and Credit Suisse Securities (USA) LLC as to Covanta Holding Corporation, a provider of waste manage- joint bookrunners in the US$340 million initial public offering ment services; of common shares of Arezzo Indústria e Comércio S.A. (Brazil’s leading retailer of women’s footwear); - Goldman Sachs as financial advisor to Banco Santander in its US$6.52 billion offer to acquire the 25 percent stake of its Brazil- - UBS Securities LLC and Deutsche Bank Securities Inc. as ian unit, Santander Brasil; underwriters in connection with a US$1.9 billion secondary public offering of Banco do Brasil S.A. (the largest bank in Latin - Marcos and Ricardo Mauad Arede, the owners of Drogaria Onofre America) in which BNDES Participações S.A. (the Brazilian Ltd., in the sale of the company’s outstanding shares to an affiliate development bank) was one of the selling shareholders; of CVS Caremark Corporation. The transaction represented CVS Caremark’s first acquisition outside the United States; - Banco Daycoval S.A. (a Brazilian bank that operates in the middle-market segment) in its R$400 million offering of warrants - Natura Cosméticos S.A. (Brazil) in its US$71 million acquisition and bank deposit certificates to its shareholders in Brazil and to of a 65 percent stake in Emeis Holdings Pty Ltd. (Australia); U.S. institutional investors in a private placement; and US$575 - Marcopolo S.A. in its US$115 million acquisition of a 20 percent million initial public offering of preferred shares; and stake in New Flyer Industries Inc.; - Itau BBA USA Securities, Inc. and other underwriters in the - funds advised by Apax Partners L.P. in its acquisition of a 54 follow-on primary offering of common shares of Iguatemi percent stake in TIVIT (a Brazilian information technology Empresa de Shopping Centers S.A. (one of the leading Brazilian outsourcing company) and a subsequent mandatory tender offer shopping center operators). to buy the remaining shares. The two transactions valued TIVIT at US$1 billion. This transaction was named “Best Private Equity Deal” for 2010 by LatinFinance magazine (January/February 2011); 2 Skadden, Arps, Slate, Meagher & Flom LLP Filipe B. Areno Continued - Safra Group, as one of two joint controlling shareholders of - General Shopping Brasil S.A. and subsidiaries in the private Aracruz Celulose S.A., in Aracruz Celulose’s proposed US$7.5 exchange of subordinated unsecured notes issued by General billion merger with Votarantim Celulose e Papel S.A., which Shopping Investments Limited for new senior secured notes created one of the world’s largest pulp and paper companies; offered by General Shopping Investments Limited and global - Deutsche Bank Securities Inc. as financial advisor to Companhia depositary shares representing common shares of General de Bebidas das Américas (AmBev) (a publicly traded company Shopping Brasil S.A. This was the first exchange offer in Brazil in Brazil that is majority-owned by Belgium-based Anheuser- involving GDSs; Busch InBev N.V.) in its US$1.2 billion acquisition of Cervecería - General Shopping S.A. in its several offers to purchase, for cash, Nacional Dominicana S.A.; and Vale S.A.
Load more

Recommended publications
  • Ambev's Beer Innovation Centre in Rio De Janeiro Will Be Powered By
    Ambev’s Beer Innovation Centre in Rio de Janeiro will be powered by 100% solar energy The installation of over 2,000 solar panels at the BIC to generate clean energy was concluded at the start of the year; the project, developed in partnership with Enel X, marks another important step in the beer company’s quest to purchase 100% of electricity from renewable sources February 2019 – From the second half of March, Ambev Brewing Company’s whole Beer Innovation Centre (BIC), located at the UFRJ Technological Park in Rio de Janeiro, will be fuelled by clean and renewable energy through a project carried out in partnership with Enel X, the Enel Group’s business line specialised in advanced energy solutions, including distributed solar generation. At the start of the year, the installation of over 2,000 solar panels on the location’s roof was completed. Together these panels can produce up to 720 kWp, enough to supply 100% of the unit’s operations during the times of day with greatest solar irradiance. When the BIC’s energy consumption is lower than the capacity generated by the solar facility, excess energy will be made available to the distributor in charge of the energy supply in the region, which can lead to discounts on centre’s energy bill. The project marks another important step in the beer company’s quest to purchase 100% of electricity from renewable sources, a target the firm aims to reach by 2025. At the end of last year, the company announced the construction of a solar plant at the Uberlândia brewery, which will open this year and will have the capacity to supply the operation of all the 13 distribution centres run in the state.
    [Show full text]
  • Fidelity® Emerging Markets Index Fund
    Quarterly Holdings Report for Fidelity® Emerging Markets Index Fund January 31, 2021 EMX-QTLY-0321 1.929351.109 Schedule of Investments January 31, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks – 92.5% Shares Value Shares Value Argentina – 0.0% Lojas Americanas SA rights 2/4/21 (b) 4,427 $ 3,722 Telecom Argentina SA Class B sponsored ADR (a) 48,935 $ 317,099 Lojas Renner SA 444,459 3,368,738 YPF SA Class D sponsored ADR (b) 99,119 361,784 Magazine Luiza SA 1,634,124 7,547,303 Multiplan Empreendimentos Imobiliarios SA 156,958 608,164 TOTAL ARGENTINA 678,883 Natura & Co. Holding SA 499,390 4,477,844 Notre Dame Intermedica Participacoes SA 289,718 5,003,902 Bailiwick of Jersey – 0.1% Petrobras Distribuidora SA 421,700 1,792,730 Polymetal International PLC 131,532 2,850,845 Petroleo Brasileiro SA ‑ Petrobras (ON) 2,103,697 10,508,104 Raia Drogasil SA 602,000 2,741,865 Bermuda – 0.7% Rumo SA (b) 724,700 2,688,783 Alibaba Health Information Technology Ltd. (b) 2,256,000 7,070,686 Sul America SA unit 165,877 1,209,956 Alibaba Pictures Group Ltd. (b) 6,760,000 854,455 Suzano Papel e Celulose SA (b) 418,317 4,744,045 Beijing Enterprises Water Group Ltd. 2,816,000 1,147,720 Telefonica Brasil SA 250,600 2,070,242 Brilliance China Automotive Holdings Ltd. 1,692,000 1,331,209 TIM SA 475,200 1,155,127 China Gas Holdings Ltd. 1,461,000 5,163,177 Totvs SA 274,600 1,425,346 China Resource Gas Group Ltd.
    [Show full text]
  • Terms of Reference
    Terms of Reference Brazil ESG Practices Working Group Introduction The goal of the ESG Practices Working Group is to promote discussions through cooperation between companies and investors, seeking to share experiences with transparency. We believe that through these debates and Group member collaboration we can change corporate practices regarding ESG issues, and increase investidor interest and knowledge in integrating ESG issues in their investment analysis and monitoring. The ESG Practices Working Group is the result of the merger of the “ESG Engagement” and “ESG Integration” working groups in 2016. Goals The ESG Practices Working Group collects and analyzes Brazilian companies’ KPIs, focusing on future engagements and improved ESG transparency and disclosure. The Working Group’s objectives are to help companies report on their ESG indicators with greater quality and assertiveness, and to strengthen the relationship between analysts and companies. The project's stages are as follows: • A survey of the KPIs disclosed by the companies (public data) • Consolidation of the most relevant KPIs for decision making • Sending a letter to initiate the engagement with the surveyed companies • Engagement meetings with the surveyed companies • Preparation of a document based on the Working Group’s experience History In 2015, the Engagement Working Group analyzed the food and beverage industry, and surveyed the following companies: Ambev, BRF, JBS, Marfrig, Minerva, Cosan, and São Martinho. In 2016, following the merger, all members of the ESG Practices Group were involved in the project, which continued to analyze the KPIs of the Utilities sector (Energy). For 2017, the goal is to publish a white paper of the food and beverage industry, and to hold engagement meetings with companies in the energy sector.
    [Show full text]
  • A Case Study of the Cosan and Shell Biofuel Venture
    ISSN 0080-2107 Sharing competences in strategic alliances: a case study of the Cosan and Shell biofuel venture Luciana Florêncio de Almeida Cláudio Antonio Pinheiro Machado Filho Competências compartilhadas em alianças estratégicas: um estudo da Recebido em 25/maio/2012 aliança Cosan e Shell no mercado de biocombustíveis Aprovado em 30/janeiro/2013 Em um mundo competitivo, a maneira como uma firma estabelece seus arranjos organizacionais pode determinar sua capacidade de ampliar suas competências es- Sistema de Avaliação: Double Blind Review RESUMO senciais, bem como a possibilidade de atingir novos mercados. Empresas que atuam Editor Científico: Nicolau Reinhard em apenas um mercado encontram obstáculos para se expandir e por meio de alianças elas encontram uma forma competitiva de criar valor. Formas híbridas apresentam- DOI: 10.5700/rausp1093 -se primeiramente como alternativas de capturar valor e gerenciar ativos quando o mercado e a hierarquia organizacional não apresentam ganhos para a competitividade da firma. Como resultado, essa forma apresenta desafios como a alocação de direitos e os problemas de agência. O mercado de biocombustíveis tem apresentado mudan- ças contínuas nos últimos dez anos. Novos arranjos intra-firmas apareceram como um caminho para participar ou sobreviver no cenário de competição global. Dada a necessidade de capital para atingir melhores resultados, tem havido um movimento consistente de fusões e aquisições no setor de biocombustíveis, principalmente desde a crise financeira de 2008. Em 2011 existiam cinco grandes grupos no Brasil com capacidade de moagem de mais de 15 milhões de toneladas por ano: Raízen (joint Luciana Florêncio de Almeida, Doutora em venture entre Cosan e Shell), Louis Dreyfus, Tereos Petrobras, ETH e Bunge.
    [Show full text]
  • Análise De Empresas Petróleo; Combustível & Distribuição
    23 de outubro Análise de Empresas Petróleo; Combustível & Distribuição COMPORTAMENTO DAS PRINCIPAIS BOLSAS Prévia do 3T19: Trimestre sólido para as Empresa Recomendação Preço-Alvo empresas do setor BRDT3 COMPRA 37,00 CSAN3 COMPRA 58,00 • O 3T19 deve ser um trimestre mais forte para a indústria cíclica UGPA3 COMPRA 26,00 doméstica brasileira; BRDT, UGPA e CSAN, com forte melhoria PETR3 COMPRA 43,00 sequencial nas margens de distribuição de combustível. Vicente Falanga* • Os preços mais baixos do petróleo (-9,7% T/T) devem prejudicar as Ricardo França companhias do setor, mas a forte produção da Petrobras (+9,3% T/T) * Analista de valores mobiliários credenciado responsável pelas deve sustentar os resultados. declarações nos termos do Art. 21 da ICVM 598/18 • Principais recomendações em ordem. Entre as distribuidoras: Ultrapar, Cosan, BR Distribuidora (todos com recomendação de Compra). Também temos recomendação de Compra para Petrobras. Petrobras (PETR4/PETR3): A empresa divulgará seus resultados do 3T19 na noite desta quinta-feira, 24/10. Acreditamos que a forte produção deve compensar os fracos preços do petróleo. Apesar de uma forte retração nos preços do Brent (-9,7%), esperamos que a forte recuperação da produção da Petrobras (+ 9,3% em comparação ao 2T19) beneficie os resultados. Estimamos o EBITDA ajustado em cerca de R$ 31 bilhões (-3% no trimestre). O lucro líquido deve chegar a R$ 10,9 bilhões, auxiliado por ganhos de capital com a venda parcial da BR Distribuidora, compensando parcialmente provisões de -R$ 3,2 bilhões. Descontando itens não recorrentes, esperamos um resultado final de R$ 6,5 bilhões (-19% na comparação anual no 3T19 e + 37% na comparação do 3T19 com o trimestre imediatamente anterior), sequencialmente mais forte devido à expectativa de menor taxa de imposto de renda.
    [Show full text]
  • Estratégia De Ações
    Estratégia de Ações Brasil 5 de novembro de 2020 Expectativa dos Resultados 3T20 – 09 a 13/11 A temporada de resultados do terceiro trimestre de 2020 está em andamento. Neste relatório listamos, apenas, as empresas que poderão apresentar destaques segundo nossos analistas. Abaixo os seguintes destaques de resultados esperados: ◼ Destaques positivos: Magazine Luíza, Br Distribuidora, Carrefour, Energisa, Via Varejo, JBSS, Marfrig, Enauta, Vivara, B3. ◼ Destaques negativos: Alliar. Na tabela abaixo consta um resumo das companhias que divulgam seus resultados e os pontos gráficos de cada ação. Nas páginas seguintes, detalhamos a expectativa dos analistas para cada uma dessas empresas. Expectativa de Resultados Data do Tendência Empresa Expectativa Preço Atual Suporte Resistência Horário Resultado curto prazo MGLU3 Segunda-feira (9) Positivo 27,45 23,85 30,50 Alta Após fechamento BRDT3 Terça-feira (10) Positivo 20,94 18,80 21,45 Indefinido Após fechamento CRFB3 Terça-feira (10) Positivo 19,37 18,15 20,50 Baixa Após fechamento VVAR3 Quarta-feira (11) Positivo 19,12 16,55 20,50 Indefinido Após fechamento JBSS3 Quarta-feira (11) Positivo 19,99 19,10 21,20 Baixa Após fechamento MRFG3 Quarta-feira (11) Positivo 14,28 13,55 15,95 Baixa Após fechamento ENAT3 Quarta-feira (11) Positivo 9,10 8,00 9,90 Baixa Após fechamento ENGI11 Quinta-feira (12) Positivo 46,45 41,10 50,10 Alta Após fechamento AALR3 Quinta-feira (12) Negativo 10,88 9,40 11,40 Indefinido Após fechamento VIVA3 Quinta-feira (12) Positivo 23,52 21,30 25,35 Indefinido Após fechamento B3SA3 Quinta-feira (12) Positivo 56,61 49,00 58,40 Indefinido - CSAN3 Sexta-feira (13) - 73,55 64,50 76,45 Alta Após fechamento fonte: Itau BBA e Bloomberg TIME DE ESTRATÉGIA Fabio Perina, CNPI Na página 8 do presente relatório podem ser encontradas divulgações importantes, certificações dos analistas e informações adicionais.
    [Show full text]
  • Emerging Index - QSR
    2 FTSE Russell Publications 19 August 2021 FTSE RAFI Emerging Index - QSR Indicative Index Weight Data as at Closing on 30 June 2021 Index Index Index Constituent Country Constituent Country Constituent Country weight (%) weight (%) weight (%) Absa Group Limited 0.29 SOUTH BRF S.A. 0.21 BRAZIL China Taiping Insurance Holdings (Red 0.16 CHINA AFRICA BTG Pactual Participations UNT11 0.09 BRAZIL Chip) Acer 0.07 TAIWAN BYD (A) (SC SZ) 0.03 CHINA China Tower (H) 0.17 CHINA Adaro Energy PT 0.04 INDONESIA BYD (H) 0.12 CHINA China Vanke (A) (SC SZ) 0.09 CHINA ADVANCED INFO SERVICE 0.16 THAILAND Canadian Solar (N Shares) 0.08 CHINA China Vanke (H) 0.2 CHINA Aeroflot Russian Airlines 0.09 RUSSIA Capitec Bank Hldgs Ltd 0.05 SOUTH Chongqing Rural Commercial Bank (A) (SC 0.01 CHINA Agile Group Holdings (P Chip) 0.04 CHINA AFRICA SH) Agricultural Bank of China (A) (SC SH) 0.27 CHINA Catcher Technology 0.2 TAIWAN Chongqing Rural Commercial Bank (H) 0.04 CHINA Agricultural Bank of China (H) 0.66 CHINA Cathay Financial Holding 0.29 TAIWAN Chunghwa Telecom 0.32 TAIWAN Air China (A) (SC SH) 0.02 CHINA CCR SA 0.14 BRAZIL Cia Paranaense de Energia 0.01 BRAZIL Air China (H) 0.06 CHINA Cemex Sa Cpo Line 0.7 MEXICO Cia Paranaense de Energia (B) 0.07 BRAZIL Airports of Thailand 0.04 THAILAND Cemig ON 0.03 BRAZIL Cielo SA 0.13 BRAZIL Akbank 0.18 TURKEY Cemig PN 0.18 BRAZIL CIFI Holdings (Group) (P Chip) 0.03 CHINA Al Rajhi Banking & Investment Corp 0.52 SAUDI Cencosud 0.04 CHILE CIMB Group Holdings 0.11 MALAYSIA ARABIA Centrais Eletricas Brasileiras S.A.
    [Show full text]
  • VALE Teleconference and Webcast 1Q2013 Results Introduction
    VALE Teleconference and webcast 1Q2013 Results April 25 Portuguese: 10:00 a.m. (Rio de Janeiro time) Introduction Operator: Good morning, ladies and gentlemen. Welcome to the Vale teleconference, in which the 1Q2013 results will be discussed. At this moment, all the participants are connected as listeners only. Subsequently, the questions and answers session will be open and the instructions to participate in such session will be provided. Should you required the assistance of an operators during the teleconference, just press asterisk [*] zero [0]. I should remind you that this teleconference is been recorded. The recording will be available at the company website, www.vale.com, investors section. Replay of the teleconference will be available at phone (55 11) 4688-6312, access code: 5002512 #. This teleconference has been simultaneously transmitted by Internet, being accessible both at the company site: www .vale.com, investors section, and at www.prnewswire.com.br. Before proceeding, I would like to clarify that possible statements likely to be made during this teleconference with regard to the Company prospects and businesses, as well as projections, consist of estimates based on the Administration expectations for the future of Vale. Such expectations are subject to macroeconomic conditions, market risks, and other factors. Our participants today are: • Mr. Murilo Ferreira – Chief Executive Officer (Diretor Presidente); • Mr. Luciano Siani – Executive Officer of Finance and Investors Relations (Diretor Executivo de Finanças e Relações com Investidores); • Mr. José Carlos Martins – Executive Officer of Ferrous Minerals Operations and Strategy (Diretor Executivo de Ferrosos e Estratégia); • Ms. Vânia Somavilla – Executive Director of Human Resources, Health and Safety, Sustainability, and Energy (Diretora Executiva de Recursos Humanos, Saúde e Segurança, Sustentabilidade e Energia); 1 • Mr.
    [Show full text]
  • Banco Do Brasil Brazil
    Banco do Brasil Brazil Active This profile is actively maintained Send feedback on this profile Created before Nov 2016 Last update: May 21 2021 About Banco do Brasil Banco do Brasil is a Brazilian bank, partly state-owned, partly publicly listed at the stock exchange in Sao Paulo. Banco do Brasil was founded in 1808 by then prince-regent João VI of Portugal to finance the kingdom's public debt when he moved from Europe to Brazil. The close relations between bank and state are reflected in the fact that the CEO is appointed by the Brazilian president. The bank offers Insurance, Retail banking and Private equity services. Website http://www.bb.com.br Headquarters SBS Quadra 01 Bloco G ed. sede III - 24° Andar Setor Bancario Sul 70074-900 Brasilia Brazil CEO/chair Fausto de Andrade Ribeiro CEO Supervisors Banco Central do Brasil & Federal Government Brasil Annual Annual report 2020 reports CSR Report 2020 Ownership listed on Brazil Stock Exchange The Brazilian National Treasury is the largest shareholder in Banco do Brasil. The bank's complete shareholder structure can be accessed here. Complaints Individuals and communities who may be adversely affected by Banco do Brasil's finance can raise a complaint to the bank and via its Ombudsman channel (including at [email protected]). grievances Stakeholders may also raise complaints via the OECD National Contact Points (see OECD Watch guidance). Sustainability Voluntary standards Banco do Brasil has committed itself to the following voluntary standards: Carbon Disclosure Project Equator Principles Global Reporting Initiative ISO 14001 Protocolo Verde Brasil (Brazil Green Protocol) United Nations Global Compact Investment policies Banco do Brasil's webpage on corporate social responsibility can be accessed here.
    [Show full text]
  • BRASIL – Aeronautics Cluster
    Microeconomics of Competitiveness Professor Michael E. Porter Professor Hiro Takeuchi Professor Niels Ketelhohn BRASIL – Aeronautics Cluster Pedro Fernandes, Victor Moscoso, Adam Price Jiro Yoshino, Jingyi Zhang May 6th, 2011 1 Figure 1. Map of Brazil 1.1 Country Overview Located in between Atlantic Ocean and South America, Brazil is the world's fifth largest country both by geographical area and by population1. Brazil has experienced a fast urbanization process and nowadays more than 80% of the population in Brazil is urban and approximately 30% live in the ten principal metropolitan areas (PwC, 2006)i. It also borders with all South-American countries but Chile and Ecuador. Source: US Department of State Most of its neighbors are developing countries with abundant natural resources. (CIA, 2011). Brazil’s GDP in 2010 was US$ 2,029 billion with a GDP per capita of US$ 11,196 (in PPP) (EIU, 2011) and the Brazilian economy grew 7.5% in 2010, being expected to grow 4% in 2011 (World Bank, 2011). 1.2 Macro, political, legal and social context The analysis of policy choices in Brazil reveal that the paradigms and macroeconomic policies varied widely in the second half of the 20th century, from a State oriented economy and import substitution policies toward a more open and free market economy. Brazil’s policy makers realized after World War II that they needed to diversify its export basket, beyond the traditional commodities. Among other policies implemented, the exchange controls produced, overvaluation of the Cruzeiro (former currency) and encouragement of imports; at the same time, there were restrictions to capital repatriation and the remittances of earnings (Baer, 2008).
    [Show full text]
  • BRADESCO GLOBAL FUNDS Brazilian Hard Currency Bond Fund USD I
    BRADESCO GLOBAL FUNDS Brazilian Hard Currency Bond Fund USD I As of 30/09/2020 Fund Description Investment Growth The fund seeks to maximize medium term returns by investing 145,0 primarily in Dolar-denominated Brazilian Corporate and Government bonds issued abroad. Investment approach based 137,5 on robust credit research, market and macro monitoring and duration analysis. 130,0 122,5 Fund Facts 115,0 Fund Size $ 107,6 million 107,5 Inception Date 26/11/2010 Domicile Luxembourg 100,0 Legal Status SICAV / UCITS 92,5 2012 2014 2016 2018 2020 Base Currency US Dollar Subscription / Redemption Daily Brazilian Hard Currency Bond Fund USD I Settlement Day 2 Trailing Net Returns (USD %) Share Class Information Since 1 M 3 M YTD 2019 2018 Inception USD I USD R Brazilian Hard Currency Bond Fund USD I -0,1 4,3 -0,2 11,4 0,4 39,0 ISIN LU0560844796 LU0560843715 Ticker BBG BGBGBIU LX BGBGBRU LX Annual Fee (%) 0,75 1,35 Inception Date 26/11/2010 26/11/2010 Minimum Investment 1,000,000 US Dollar 5,000 US Dollar Asset Allocation Quality Diversification ** % % EUR R GBP R Government Related 6,4 BBB 16,1 ISIN LU0566752720 LU0858360992 Corporate Bond 86,9 BB 65,0 Ticker BBG BGBGBRE LX BGBHGBR LX Cash & Equivalents 6,8 B 11,4 Annual Fee (%) 1,35 1,35 Not Rated 7,4 Inception Date 26/11/2010 28/12/2012 Minimum Investment 1,000 Euro 1,000 Pound Sterling Portfolio Characteristics Top 10 Holdings Average Eff Maturity 5,45 Maturity Date Fund (%) Average Eff Duration 4,19 Ultrapar International S.A.
    [Show full text]
  • Report Overview of Wwf-Brazil Corporate Partnerships Fiscal Year 2018
    REPORT BR CORPORATE PARTNERSHIPS REPORT OVERVIEW OF WWF-BRAZIL CORPORATE PARTNERSHIPS FISCAL YEAR 2018 WWF-Brazil – Corporate Partnerships Report – 2018 WWF-Brazil – Corporate Partnerships Report – 2018 For further information on specific partnerships, please contact WWF-BR Gabriela Yamaguchi ([email protected]) For any media enquiries, please contact Jair Oliveira ([email protected]) WWF is one of the world’s largest and most experienced independent conservation organizations, with over 5 million supporters and a global network active in more than 100 countries. WWF’s mission is to stop the degradation of the planet’s natural environment and to build a future in which humans live in harmony with nature, by conserving the world’s biological diversity, ensuring that the use of renewable natural resources is sustainable, and promoting the reduction of pollution and wasteful consumption. Published in July 2018 by WWF – World Wide Fund For Nature – Brazil (Formerly World Wildlife Fund), São Paulo, Brazil. Any reproduction in full or in part must mention the title and credit the above-mentioned publisher as the copyright owner. © Text 2018 WWF-BR All rights reserved. 2 WWF-Brazil – Corporate Partnerships Report – 2018 WWF-Brazil – Corporate Partnerships Report – 2018 TAKING BOLD COLLECTIVE ACTION The time to act is now. We have put in place a global conservation strategy that reflects the way the world is changing, meets the big environmental challenges of the age and helps us simplify, unite and focus our efforts for greater impact. WWF will continue to deliver locally in crucial ecoregions around the world, but sharpen our focus on six global goals – on wildlife, forests, oceans, water, climate and energy, and food – and three key drivers of environmental degradation – markets, finance and governance.
    [Show full text]