The Firm represented Abril Educação in the follow-on offering of 11,313,499 units, each representing one common share and two preferred shares, without par value, of Abril Educação S.A. The units were offered to the public in Brazil, to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons under Regulation S. Abril Educação is one of the largest primary and secondary education companies in Brazil in terms of revenue, focused on the primary, secondary and pre-university education sectors. Abril Educação is controlled by the Abril Group, one of the largest traditional media groups in Latin America, responsible for the publication of highly-respected magazines and web portals in Brazil.
The Simpson Thacher team for this transaction included: Grenfel Calheiros, Gustavo Pinto and Taissa Licatti (Capital Markets); and Robert Holo and Jodi Sackel (Tax).
