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February 07, 2016 10:27 AM ET

Diversified Financial Services

Company Overview of Banco Votorantim S.A.

Company Overview

Banco Votorantim S.A. engages in the wholesale banking, consumer finance, and wealth management businesses in Brazil. Its wholesale banking services comprise corporate services for companies; investment banking services; and brokerage services. The company’s consumer finance services include auto financing, credit cards, insurance brokerage, and payroll loan services. It is also involved in leasing, administration of investment funds, and treasury activities. Banco Votorantim S.A. was founded in 1988 and is based in São Paulo, Brazil. Banco Votorantim S.A. Banco Votorantim S.A. operates as a subsidiary of Votorantim Financas S.A.

Avenida das Nações Unidas, 14171

Torre A

18º andar

São Paulo, SP 04794-000

Brazil

Founded in 1988

4,838 Employees

Phone:

55 11 5171 1000

Fax:

55 11 5171 1900

Key Executives for Banco Votorantim S.A.

Chief Executive Officer
Age: 50
Vice President
Age: 58
Executive Officer
Age: 57
Executive Officer
Age: 57
Executive Officer
Age: 50
Compensation as of Fiscal Year 2015.

Banco Votorantim S.A. Key Developments

Banco Votorantim Reports Results of Tender Offer for Subordinated Notes Due 2020

Banco Votorantim S.A., incorporated under the laws of the Federative Republic of Brazil, has reported the final results of its offer to purchase for cash its outstanding 7.375% subordinated notes due 2020. The bank reported it had received valid tenders from holders of USD 418,372,000 in principal amount of notes. Based on the maximum acceptance amount, it said it would accept for purchase USD 283,129,000 aggregate principal amount of notes, representing 25.07% of the total outstanding principal amount of the notes. The total consideration paid for notes accepted for purchase on was USD 288,791,580. D. F. King & Co. Inc. acted as the tender agent and as the information agent for the tender offer. Banco Votorantim Securities, BB Securities, Citigroup and Standard Chartered Bank acted as dealer managers for the tender offer.

Banco Votorantim Announces the Final Results of the Tender Offer for its Subordinated Notes due 2020

Banco Votorantim S.A. announced the final results of its offer to purchase for cash, upon the terms and subject to the conditions set forth in the Offer to Purchase and the related letter of transmittal up to the Maximum Acceptance Amount of the outstanding Notes from the Holders, for the consideration described in the Offer Documents, announced to the market on September 8, 2015. By September 21, 2015, at 5:00 p.m. EST, the Bank had received valid tenders from Holders of $418,372,000 in principal amount of Notes. Furthermore, pursuant to the Offer Documents, the Maximum Acceptance Amount for the Tender Offer is $288,792,345.75, calculated using the Applicable Exchange Rate (as defined in the Offer to Purchase) of BRL 3.9821 per $1.00 to determine the U.S. dollar equivalent of the Maximum Acceptance Amount of BRL 1,150 million. On September 22, 2015, the Bank announced that, based on the Maximum Acceptance Amount and in accordance with the proration provisions of the Tender Offer, it would accept for purchase $283,129,000 aggregate principal amount of Notes, representing 25.07% of the total outstanding principal amount of the Notes. The Total Consideration paid for Notes accepted for purchase on September 23, 2015 was $288,791,580.

Banco Votorantim S.A. Announces the Early Tender Results of the Tender Offer for its Subordinated Notes Due 2020

Banco Votorantim S.A. announced the early tender results of its offer to purchase for cash, upon the terms and subject to the conditions set forth in the Offer to Purchase (as it may be amended or supplemented from time to time, the 'Offer to Purchase') and the related letter of transmittal (as it may be amended or supplemented from time to time, the 'Letter of Transmittal' and, together with the Offer to Purchase, the 'Offer Documents') up to the Maximum Acceptance Amount of the outstanding Notes from the Holders, for the consideration described in the Offer Documents, announced to the market on September 8, 2015. The bank announced that on September 21, 2015, at 5:00 p.m. ET (the 'Early Tender Date'), it had received valid tenders from Holders of $418,372,000 in principal amount of Notes. Furthermore, pursuant to the Offer Documents, the Maximum Acceptance Amount for the Tender Offer is $288,792,345.75, calculated using the Applicable Exchange Rate of BRL 3.9821 per $1.00 to determine the U.S. dollar equivalent of the Maximum Acceptance Amount of RRL 1,150 million. The Expiration Date of the Tender Offer is 12:00 Midnight, New York City time, on October 5, 2015, unless extended.

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