Shearman & Sterling represented BTG Pactual US Capital, LLC, Itau BBA USA Securities, Inc., Banco do Brasil Securities LLC, Brasil Plural Securities LLC and Citigroup Global Markets Inc. as joint bookrunners and global coordinators in connection with an offering of 29,900,000 shares of Tupy S.A.’s common stock, including the exercise of the over-allotment option consisting of an additional 3,9000,000 shares.

Tupy S.A. is a world leader in the production, sale and marketing of cast iron engine blocks and cylinder heads. The company also develops and produces advanced technology components for brake, transmission, steering and suspension systems, among other automotive components, as well as malleable pipe fittings, shots, grits and continuous cast iron bars.

The following Shearman & Sterling lawyers advised the underwriters in the transaction: partner Robert Ellison (São Paulo-Capital Markets) and associates Ivana Martins (São Paulo-Capital Markets), Fernanda Iacia (São Paulo-Capital Markets), Jennifer Lau (São Paulo-Capital Markets) and Judy Fisher (Washington, DC-Tax).