Orizon Completes $103 Million Brazilian IPO

São Paulo, Brazil – Paul Hastings LLP, a leading global law firm, represented Orizon Valorizacao de Residuos SA, a leader in the treatment of environmental waste and the generation of bioas, and the participating selling shareholders, in its $103.23 million initial public offering of shares listed on the B3 exchange on February 18, 2021.

The IPO, which priced at 22 reais per share, was structured as a registered public offering in Brazil and international private placement to qualified investors on a Rule 144A / Regulation S basis.

Partner David Flechner led the Paul Hastings team, which also included associates Filipe Lima, Thomas Ayres, and Diana Balassiano, with support from partner David Makso and associate Rob Wilson.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.