Brazil’s BTG Pactual raises US$500 million in follow-on

Skadden, Arps, Slate, Meagher & Flom LLP in São Paulo and New York and Brazil’s BMA - Barbosa, Müssnich, Aragão have helped Banco BTG Pactual offer shares worth some 2.7 billion reais (US$500 million) in a follow-on transaction.