Pinheiro Neto advises StoneCo on US$500 million senior notes issue
Pinheiro Neto advised StoneCo Ltd. on US$500 million senior notes issue
Pinheiro Neto has acted as special Brazilian law advisor to the guarantors Stone Pagamentos S.A., MNLT Soluções de Pagamento S.A. and Pagar.me Pagamentos S.A. as guarantors on the issue by StoneCo Ltd. of U.S.$500,000,000 principal amount of 3.950% senior notes due 2028, unconditionally guaranteed by Stone Pagamentos S.A., MNLT Soluções de Pagamento S.A. and Pagar.me Pagamentos S.A.
Citigroup Global Markets Inc. and J.P. Morgan Securities LLC were the Global Coordinators.
Banco Bradesco BBI S.A., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., Itau BBA USA Securities, Inc., Morgan Stanley & Co. LLC, Banco BTG Pactual S.A.- Cayman Branch, UBS Securities LLC, XP Investimentos Corretora de Títulos, Câmbio e Valores Mobiliários S.A. were joint Book-Running Managers.
The Pinheiro Neto Advogados team included partner Enrico Bentivegna (pictured) and associates Rafael Garcia Santana Martins, and Alice Teixeira de Carvalho Ribeiro da Silva.
Davis Polk was the issuer’s international consultant.
Pinheiro Guimarães was Brazilian counsel to the underwriters.
Simpson Thacher & Bartlett LLP was international counsel to the underwriters.