Bloomberg News

BTG Pactual Picks Bradesco, Goldman and JPMorgan for Brazil IPO

March 01, 2012

Banco BTG Pactual SA has chosen Banco Bradesco SA (BBDC4), Goldman Sachs Group Inc. (GS) and JPMorgan Chase & Co. (JPM) as advisors for its initial public offering in Brazil, according to a regulatory filing.

The bank said it plans to use the proceeds to improve “funding structure” and for future expansions.

To contact the reporter on this story: Francisco Marcelino in Sao Paulo at

To contact the editor responsible for this story: Leonardo Lara at

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