Machado Meyer assists ARMAC in IPO at the top of the indicative range
Machado Meyer Advogados assisted in the IPO of ARMAC Locação, Logística e Serviços S.A., which went public at the top of the indicative range and raised more than R$1 billion
Machado Meyer Advogados assisted in the IPO of ARMAC Locação, Logística e Serviços S.A., a Brazilian equipment rental company for agribusiness, mining and infrastructure. The IPO took place at the top of the indicative range and raised R$1.5 billion, including a primary and secondary offering of common shares issued by the company, registered in accordance with CVM Instruction 400 and listed on the Novo Mercado, with an initial offering price of R$1,361,965,935.16.
Machado Meyer advised ARMAC Locação, Logística e Serviços S.A. and Speed Fundo de Investimento em Participações Multiestratégia, with partner Gustavo Rugani do Couto e Silva (pictured) and lawyers Andre Figueiredo Diniz, Fernanda Marques Ribeiro, Guilherme Azevedo Ferreira Alves, Paulo Estevao Henriques Carneiro De Miranda and Wagner Eustaquio Duarte Junior.
Paul Hastings LLP also represented the same parties.
The coordinators of the offering Banco BTG Pactual S.A., Banco Santander (Brasil) S.A., Banco Itaú BBA S.A., Banco Morgan Stanley S.A. were advised by Pinheiro Neto Advogados, Mayer Brown
