Ingrid do Nascimento Pistili

Ingrid Pistili has broad experience advising on complex financial transactions across multiple industries and jurisdictions.

Ingrid structures and negotiates sophisticated financing arrangements, including project financings, acquisition financings, syndicated and bilateral loans, trade finance, supplier finance, receivables purchases, and private equity fund financings. She represents both lenders and borrowers, navigating a variety of sophisticated deal structures.

In addition to her extensive financing experience, Ingrid is experienced in the derivatives market, with background in structuring and negotiating a wide range of products, including credit default swaps, interest-rate swaps, commodity swaps, and FX transactions.

Her regulatory experience extends to banking and financial laws, with a focus on Brazilian regulations governing financial institutions, fintech companies, payment service providers, and foreign exchange entities. Ingrid provides guidance on regulatory compliance, covering areas such as virtual currencies, wire transfers, open finance, and instant payments.

Additionally, Ingrid advises on Brazilian investment fund regulations, helping clients navigate the complexities of asset management and fund structuring. She also plays a strategic role in guiding fintech startups and established companies through digital transformation and regulatory compliance within the financial technology sector.

Ingrid is participates actively as co-leader of the gender committee in the Equity & Diversity Committee in Brazil. She is committed to fostering an inclusive work environment and advocating for diversity in the legal and financial sectors.

As a member of the Mayer Brown Latin America group, Ingrid has extensive experience advising financial institutions on cross-border financing transactions across Latin America, particularly in syndicated finance deals.

Some recent examples of Ingrid’s representations and experience include the following (calendar year of 2019 – 2023):

• Assigned a secondment for 7 months at Credit Suisse New York, acting as counsel in the general counsel division within the asset recovery unit team.
• Advised Goldman Sachs in connection with an investment in the total amount of R$400mm in a credit right investment fund (FIDC), established by Goldman Sachs together with one of Mercado Livre’s entities in Brazil. Goldman Sachs has acquired senior quotas of the FIDC while an investment fund of Mercado Livre has acquired its subordinated quotas. The FIDC will acquire credit rights arising from loans originated in MercadoPago.com Representações Ltda. Platform in Brazil.
• Advised KPG, an Brazilian exploration and production (E&P) company controlled by Karoon Energy Ltd, a global oil and gas exploration company based in Australia, in connection with a Reserve Base Lending (RBL) transaction entered with ING Bank N.V. - with an ongoing process of syndication - for the purposes of the acquisition and development of certain oil concession and associated contracts and other related assets from Petrobras with respect to Baúna Field. Reserve based lending is emerging as a promising new market in Brazil for financing the acquisition, development and operation of oil & gas assets.
• Advised ABC Brasil, Santander Brasil, BTG Pactual and Crédit Agricóle in connection with R$600 mm out-of-court debt restructuring of Concessionária Move São Paulo S.A., the concessionaire of the Line 6 of the São Paulo subway, controlled by groups Queiroz Galvão, Odebrecht and UTC. The restructuring was implemented in the context of the acquisition by Acciona group of the rights to build and operate one of the São Paulo metro lines from the former concessionaire - Concessionária Linha Universidade.
• Advised Banco Santander (Brasil) S.A. in a subscription line financings for the invested entities of Vinci Capital Partners Fund III and Patria Infrastructure Fund IV, L.P. These are the first subscription financings to be performed in Brazil.
• Advised Goldman Sachs in connection with an investment in the total amount of R$500mm in a credit right investment fund (FIDC), established by Goldman Sachs together with two of the largest credit fintechs in Brazil (Rebel Tecnologia e Correspondente Bancário Ltda. and Geru Tecnologia e Serviços S.A.). Goldman Sachs has acquired senior quotas of the FIDC while an investment fund of the above mentioned companies acquired its subordinated quotas. The FIDC will acquire credit rights arising from loans originated in Geru/Rebel platforms in Brazil.
• Advised Goldman Sachs in connection with a financing granted to Nu BN Servicios México, S.A., DE C.,V., in the total amount of MXP 492,210,000.00, which was guaranteed by Nu Holdings Ltd. and Nu Pagamentos S.A. NuBank company was one of the first fintechs incorporate in Brazil and, nowadays, one of the largest fintech groups in Brazil.
• Advised Hub Fintech in several legal opinions related to its payment business in Brazil (in the capacity of payment institution regulated by the Central Bank).
• Advised Bank of China on certain tax and banking regulatory aspects involved in the potential transaction structured by Banco da China (Brasil) S.A. in which Bank of China, Cayman Branch would fund Bank of China Brazil for the purposes of providing a facility to its Brazilian customer/borrower under a drawdown request by means of the issuance of export credit notes or any other modality of banking credit instrument available in Brazil
• Advised Infinox Capital in relation to relevant Brazilian laws and regulations issued by the Central Bank applicable to a potential transaction involving a payment solution to be offered to Infinox customers in Brazil.
• Coordinated the issuance of surety letters by BTG Pactual to guarantee long-term financing to be provided by Banco do Nordeste do Brasil for the construction of a micro-generation power project which is being developed by Sagarana and Consórcio Sagarana in the state of Minas Gerais.
• Advised Kinea, a company from Itaú group, in the subscription of a USD92 million infrastructure debentures (Brazilian law project bonds), in accordance with CVM regulation 476 and with the benefits of Law 12,431, regarding a transmission line project.
• Advised, as Brazilian counsel, Votorantim, Citibank, ABC Brasil and Caixa Geral Brasil in connection with the issuance of export credit notes by Aeris.

• Duke University, LLM
• Fundação Getúlio Vargas (FGV/SP), Especialista em Direito Econômico
• Pontifical Catholic University PUC/SP, Bachelor of Law (JD equivalent)

• Brazil

• Portuguese
• English
• Spanish