Focus Energia’s R$773 Million IPO

Demarest and Simpson Thacher & Bartlett advised Focus Energia Holding Participações SA and the selling shareholders. Cleary Gottlieb and Lefosse represented Morgan Stanley, Santander, Citigroup, and UBS acting as international placement agents in the offeringThe offering raised approximately R$773 million in gross proceeds and included both primary and secondary offerings. The offering was registered before the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários – CVM), and the shares were offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.

Focus Energia is an integrated business platform for the electricity sector with customers and operations throughout Brazil and in various sectors of the economy.

Demarest advised Focus Energia Holding Participações SA with a team including Christiano Chagas, Rafael Villar Gagliardi, Thiago Giantomassi (Picture), Thiago Maia, Debora Sejtman, Leticia Galdino Wanderley, Caio Secchi, Cintia Eguchi and Marcela Pinedo.

Simpson Thacher & Bartlett advised Focus Energia with S. Todd Crider, Jonathan E. Cantor, Marcelo B. Lorenzen,  Susana R. Yaster, Alexandre Hadid Portnoi and Grenfel S. Calheiros.

Cleary Gottlieb Steen & Hamilton advised Morgan Stanley & Co. LLC, Santander Investment Securities Inc., Citigroup Global Markets Inc. and UBS Securities LLC with Jonathan Gifford, Rosane Marques Rosado Carmona, Drew Schaefer, Juan G. Giráldez, Jonathan Mendes de Oliveira and Silvia Fittipaldi.

Lefosse advised the underwriters with Rodrigo Junqueira and  Jana Araújo.

Involved fees earner: Marcela Pinedo – Barbosa, Müssnich & Aragào; Silvia Fittipaldi – Cleary Gottlieb Steen & Hamilton; Jonathan Gifford – Cleary Gottlieb Steen & Hamilton; Juan Giráldez – Cleary Gottlieb Steen & Hamilton; Jonathan Mendes de Oliveira – Cleary Gottlieb Steen & Hamilton; Drew Schaefer – Cleary Gottlieb Steen & Hamilton; Christiano Chagas Monteiro de Melo – Demarest; Letícia Galdino Wanderley – Demarest; Thiago Giantomassi – Demarest; Thiago Rodrigues Maia – Demarest; Caio Eduardo Secchi Gaio – Demarest; Débora Sejtman – Demarest; Rafael Villar Gagliardi – Demarest; Jana Araujo – Lefosse; Rodrigo Junqueira – Lefosse; Rosane Marques Rosado Carmona – Mattos Filho Veiga Filho Marrey Jr & Quiroga; Grenfel Calheiros – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Todd Crider – Simpson Thacher & Bartlett; Marcelo Lorenzen – Simpson Thacher & Bartlett; Susan Yaster – Simpson Thacher & Bartlett;

Law Firms: Barbosa, Müssnich & Aragào; Cleary Gottlieb Steen & Hamilton; Demarest; Lefosse; Mattos Filho Veiga Filho Marrey Jr & Quiroga; Simpson Thacher & Bartlett;

Clients: Banco Santander Sa; Citigroup Global Markets Ltd; Focus Energia Holding Participações SA; Morgan Stanley; UBS Securities LLC;

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