People
Roberta Berliner Cherman
Biography
Roberta is Managing Partner of Brazil.
She advises in a wide range of corporate and financial transactions, including public and private offerings of equity and debt securities (both high-yield and investment grade debt and SEC-registered transactions), liability management transactions, restructurings, financings, mergers and acquisitions, and governance/compliance.
Roberta has extensive experience advising clients on corporate structural matters and preparing clients to become debut issuers in the capital markets.
Roberta re-joined the firm in 2017 after almost a decade holding senior positions in Europe and Brazil at Itaú Unibanco, the largest private financial institution in Latin America. Roberta began her career as an associate in the firm's New York office.
Practice areas
- Capital markets
- Emerging growth
- Finance
- Equity capital markets
- Debt capital markets
- High yield
- Public company advisory and corporate governance
- Trade, commodity and export credit finance
- Leveraged finance and high yield
Sectors
- Fintech
- Technology
Selected experience
- Despegar.com Corp. in the sale of the Latin America travel technology company to Prosus N.V. in a transaction with an enterprise value of USD1.7 bn.
- The underwriters and dealer managers in connection with Gerdau’s first SEC-registered debt offering of USD650m aggregate principal amount of 5.750% global notes due 2035 issued by Gerdau’s British Virgin Islands finance subsidiary, Gerdau Trade Inc., and concurrent tender offer for its 4.865% bonds due 2027.
- Azul in connection with its comprehensive restructuring plan, including a USD1 billion par-for-par exchange offer to exchange into 11.500% senior secured second out notes due 2029 and 10.875% senior secured second out notes due 2030, a USD800 million new money offering, the restructuring of USD350m of convertible debentures, as well as the long-term reprofiling of Azul’s aircraft lease and original equipment manufacturer liabilities.
- Itaú Unibanco Holding S.A. and certain of its subsidiaries in connection with cross-border public tender offer of common shares (including in the form of ADRs) of Banco Itaú Chile S.A.
- As a member of BNDES’ select panel of international legal advisors, BNDESPar as selling shareholder in the Rule 144A/Reg. S USD6.9bn equity offering by Eletrobras (“Equity Follow-On of the Year” (2022), LatinFinance).
- Banks on multiple Petrobras debt and equity offerings, as well as liability management transactions (including its tender offer named “Corporate Liability Management of the Year” (2021) by LatinFinance).
- Banks on Rede D’Or’s Rule 144A/Reg. S IPO (“IPO of the Year” (2021), LatinFinance), follow-on and debt offerings and tender offer.
- Banks in connection with Banco Votorantim S.A.'s USD500m 5.875% senior notes due 2028 under its global MTN program.
- Grupo Globo in connection with its inaugural USD400m 5.5% sustainability-linked bonds due 2032.
- Itaú Unibanco in connection with the preparation of its Form 20-F, updates of its MTN program and debt offerings (including its inaugural ESG bond offering named “Financial Institution Deal of the Year” (2021) by LatinFinance).
Education
- LL.B., Universidade Candido Mendes, 1997 LL.M., University of Chicago, 2000
Admissions
- Brasil, 1997 New York, 2001
Languages
- Portuguese
- English