Três Tentos Agroindustrial Completes $255 Million IPO

São Paulo, Brazil – Paul Hastings LLP, a leading global law firm, represented the underwriters BTG Pactual, Bank of America, Citigroup, Bradesco BBI, UBS BB and Safra in connection with Três Tentos Agroindustrial’s $255 million (1.3 billion reais) IPO on the B3 exchange.

Três Tentos Agroindustrial has a leading position among agribusiness players in various Brazilian states, and it will use the proceeds from the IPO to continue its expansion plans, including to fund construction of an industrial plant in the central state of Mato Grosso and for new store openings.

Partner David Flechner led the Paul Hastings team, which also included associates Thomas Ayres and Diana Balassiano, with assistance from partner David Makso and associate Rob Wilson on tax issues.

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.