Mayer Brown and Tauil & Chequer Advogados in association with Mayer Brown represented Itau Unibanco S.A., a Brazilian bank acting through its Cayman Islands Branch, as borrower of a US $400 million loan from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution. Itau Unibanco S.A. will use the proceeds to make loans to small and medium enterprises in Brazil.

The team included Mayer Brown Banking & Finance partner George Baptista and registered foreign lawyer Matheus Oriolo (both New York) and Tauil & Chequer Banking & Finance partner Eduardo Lima (São Paulo).