Brazilian and American firms in the IPO of Caixa Seguridade Participações S.A
Milbank LLC, Hogan Lovells, Pinheiro Neto e Machado Meyer Sendacz Opice in the IPO of Caixa Seguridade Participações S.A.
The firms advised the underwriters, the issuer and the selling shareholder in the initial public offering of Caixa Seguridade Participações S.A., a company that holds the equity interests of CAIXA Econômica Federal in the insurance and insurance brokerage sectors.
The IPO was conducted in Brazil as a fully registered offering, in accordance with CVM Instruction 400, and with placement efforts outside Brazil (144A/Reg S). It is the first public offering of shares of the CAIXA Group.
Banco Morgan Stanley S.A., Caixa Econômica Federal, Bank of America Merrill Lynch Banco Múltiplo S.A., Banco de Investimentos Credit Suisse (Brasil) S.A, Banco Itaú BBA S.A. and UBS Brasil Corretora de Câmbio, Títulos e Valores Mobiliários S.A. were the underwriters.
Pinheiro Neto Advogados acted as Brazilian counsel to the underwriters.
Milbank LLC – US attorney counsel to underwriters.
Machado Meyer Sendacz Opice was Caixa Seguridade’s and selling shareholder’s Brazilian lawyer.
Hogan Lovells – US attorney for Caixa Seguridade and selling shareholder
