Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga, Davis Polk & Wardwell, Harneys, Pinheiro Neto and White & Case advised on the transaction
StoneCo Ltd. executed its $1.4 billion initial public offering of 58,333,333 shares of Class A common stock, which includes the full exercise of the underwriters’ option to purchase additional shares. The shares of Class A common stock are listed on the NASDAQ Global Select Market under the symbol “STNE.” In addition, Davis Polk advised StoneCo Ltd. on its $100 million private placement of 4,166,666 shares of Class A common stock to Ant Financial.
Goldman Sachs & Co. LLC, JP Morgan Securities LLC, Citigroup Global Markets Inc., Itau BBA USA Securities, Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and BTG Pactual US Capital LLC acted as Initial purchasers on the offering.
Based in São Paulo, Brazil, StoneCo is a leading provider of financial technology solutions that empower merchants and integrated partners to conduct electronic commerce seamlessly across in-store, online, and mobile channels in Brazil.
The Davis Polk capital markets team included partners Byron B. Rooney (Picture) and Maurice Blanco and associates Elliot M. de Carvalho, Heita Miki, Grecia Barboza and Richard Corbett. The executive compensation team included partner Veronica M. Wissel and associate Charlotte R. Fabiani. The tax team included partner William A. Curran and associate Elina Khodorkovsky.
In Brazil, Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga advised StoneCo Ltd. with a team including Jean Marcel Arakawa, Pedro Dias Whitaker de Souza Dias, Eduardo Marques Souza, Larissa Lancha Alves de Oliveira Arruy, Felipe Rezende Kachan, Fabiana Manuera Raimundo, Isabella Polatto Roque and Bruna Bianchini Sato.
In Cayman Islands, Harneys advised with a team including Marco Martins, Nicole Pineda, Jonathan Bernstein, Jon McLean and Ana Lazgare.
In Brazil, Pinheiro Neto advised the initial purchasers with Guilherme Sampaio Monteiro, Raphael Palmieri Salomão, Cristina Liu and Francisca de Almeida Silva Pereira.
In NY, White & Case advised the Initial Purchasers with Colin Diamond and John Vetterli.
Involved fees earner: Jean Marcel Arakawa – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Pedro Whitaker de Souza Dias – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Eduardo Marques Souza – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Larissa Arruy – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Felipe Rezende Kachan – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Fabiana Manuera Raimundo – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Isabella Polatto Roque – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Bruna Bianchini Sato – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Marco Martins – Harneys; Nicole Pineda – Harneys; Jonathan Bernstein – Harneys; Jon McLean – Harneys; Guilherme Sampaio Monteiro – Pinheiro Neto; Raphael Palmieri Salomao – Pinheiro Neto; Cristina Liu – Pinheiro Neto; Byron Rooney – Davis Polk & Wardwell; Maurice Blanco – Davis Polk & Wardwell; Elliot de Carvalho – Davis Polk & Wardwell; Heita Miki – Davis Polk & Wardwell; Grecia Barboza – Davis Polk & Wardwell; Richard Corbett – Davis Polk & Wardwell; Veronica Wissel – Davis Polk & Wardwell; Charlotte Fabiani – Davis Polk & Wardwell; William Curran – Davis Polk & Wardwell; Elina Khodorkovsky – Davis Polk & Wardwell; Colin Diamond – White & Case; John Vetterli – White & Case;
Clients: Citigroup Global Markets Ltd; Goldman, Sachs & Co.; Morgan Stanley; Credit Suisse Securities Limited; JP Morgan Securities; Itaú BBA USA Securities; BTG Pactual US Capital, LLC; StoneCo Ltd.;