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Itau Unibanco's CEO Discusses Redecard's Public Tender Offer (Transcript)

Itau Unibanco Holding S.A. (ITUB)

Redecard’s Public Tender Offer Call

April 16, 2012 9:00 AM ET


Roberto Egydio Setubal – CEO


Mario Pierry – Deutsche Bank

Boris Molina – Santander

Paulo Ribeiro – HSBC

Paulo Passoni – Third Point

Drew Figdor – Tiedemann & Co.

Carlos Macedo – Goldman Sachs

Jose Barria – Bank of America



Good morning ladies and gentlemen, thank you for standing by.

This is Itaú Unibanco Holding conference call about Redecard’s Public Offering. At this time all lines are in a listen-only mode. Later there will be a question-and-answer session and instructions to participate will be given at that time.

(Operator Instructions)

As a reminder, this conference is being recorded and broadcast live on A slide presentation is also available on the site.

Before proceeding let me mention that forward-looking statements are being made under the safe harbor of the Securities Litigation Reform Act of 1996. Actual performance could differ materially from those anticipated in any forward-looking comments as a result of macroeconomic conditions, market risks and other factors.

With us today in this conference call in São Paulo are Roberto Egydio Setubal, CEO; Alfredo Egydio Setubal, Executive Vice President and Investor Relations Officer; and Rogério Calderón, Corporate Controller and Head of Investor Relations.

It is now my pleasure to turn the call to Mr. Setubal. Please sir, go ahead.

Roberto Egydio Setubal

Good morning and good afternoon for all of you. It is a pleasure for us to be here and to have the opportunity to talk with you and exchange ideas about this offer on Redecard.

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