Simpson Thacher assists Ambipar on its follow-on offering
Simpson Thacher represented Ambipar Participações e Empreendimentos in connection with its follow-on equity offering of BRL 717 million aggregate principal amount of its common shares on the São Paulo Stock Exchange (B3).
The offering consisted of a primary offering of 54,106,281 common shares, at a price per common share of R$13.25.
The common shares were offered to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons in reliance on Regulation S.
A concurrent offering was conducted in Brazil in compliance with CVM 160. The common shares are listed on the São Paulo Stock Exchange (B3) under the ticker symbol “AMBP3”.
Ambipar provides environmental, emergency response and industrial field services, serving over 15,000 clients in more than 40 countries.
The Simpson Thacher team included partner Grenfel S. Calheiros (pictured), associates Siddharth Fresa, Isabel de Carvalho and Larissa Gebrim (Capital Markets); and counsel Michael E. Mann and associate Mohanad Salaimi (tax).
