Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and Milbank, Tweed, Hadley & McCloy LLP have teamed up for sugar and ethanol company Copersucar′s upcoming IPO, from which the company expects to raise up to US$1.7 billion in what could be the Brazilian market′s largest debut of the year.
Pricing will take place on 19 July and the shares will begin trading on BM&FBovespa on 21 July. Machado, Meyer, Sendacz e Opice Advogados and Cleary Gottlieb Steen & Hamilton LLP are advising the banks: Banco Itaú BBA, Bank of America Merrill Lynch, Credit Suisse and Goldman Sachs.
Copersucar is not only Brazil′s largest ethanol company but is also part of the consortium that that is building Brazil′s first ethanol pipeline, a deal for which the sugar company also retained Mattos Filho.
Mattos Filho has been kept busy this year thanks to its strong capital markets practice. Just in June the firm worked on the equity market debuts of Brazil Pharma and Qualicorp. The former also saw the participation of Skadden, Arps, Slate, Meagher & Flom LLP, White & Case LLP and Machado Meyer, while Latham & Watkins LLP, Davis Polk & Wardwell and Lefosse Advogados in cooperation with Linklaters were retained for the latter.
Counsel to Copersucar
In-house counsel - Marcelo Prais and Caroline Daruich
Brazil
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados
Partners Jean Marcel Arakawa and Rodrigo Ferreira Figueiredo, and associates Frederico Kerr Bullamah, Daniel Pereira de Almeida Araújo and Vitor Laino Mascara
US
Milbank, Tweed, Hadley & McCloy LLP
Partners Andrew Jánszky and Tobias Stirnberg, and associates Claudio Oksenberg and Arnaldo Rego
Counsel to the banks
Brazil
Machado, Meyer, Sendacz e Opice Advogados
Partner Eliana Ambrósio Chimenti
US
Cleary Gottlieb Steen & Hamilton LLP
Partner Juan Giraldez and associates John Delaney, Greta Trotman and Jonathan Mendes de Oliveira
(Latin Lawyer 04.07.2011)
(Notícia na Íntegra)