Deal Details

R$608.9 million public offering Banco ABC Brazil SA, Banco UBS Pactual SA, Banco Itaú BBA SA, Banco ABN Amro Real SA, BES Investimentos do Brasil SA, HSBC Corretora de Títulos e Valores Mobiliários SA, UBS Securities LLC, ABN Amro Rothschild, Espirito Santo, Investment HSBC

Banco ABC Brasil SA has made a R608.9 million public offering of 45.1 million preferred shares. The offering was divided into a primary offering of 44.4 million shares by Banco and a secondary offering of 700,000 shares by certain Banco ABC shareholders, with the initial offering price standing at R13.50 per share. The offering may be increased by an additional 6.7 million shares to cover any over-allotments. The capital increase related to the primary offering is subject to ratification by the Brazilian Central Bank. The offering was therefore initially settled by the delivery of units to the investors, consisting of one preferred share and six subscription receipts. Within 10 days of ratification, Banco ABC will deliver to holders seven preferred shares per unit. Banco UBS Pactual SA and Banco Itaú BBA SA acted as the underwriters and joint-bookrunners of the offering in Brazil. Banco ABN Amro Real SA, BES Investimentos do Brasil SA and HSBC Corretora de Títulos e Valores Mobiliários SA acted as arrangers. UBS Securities LLC and Itaú Securities Inc acted as joint bookrunners. ABN Amro Rothschild, Espirito Santo and Investment HSBC acted as co-managers of the offering outside Brazil pursuant to Regulation S and Rule 144A under the Securities Act of 1933.

Value: R$608.9 million
Closed: July 24 2007