David Flechner is a partner in the Capital Markets practice of Paul Hastings and is based in the São Paulo office. Mr. Flechner represents financial institutions and corporate issuers across a wide range of sectors, primarily in Latin America, in debt and equity securities offerings and liability management transactions, both on an SEC-registered and exempt basis. He also has extensive experience advising leading Latin American companies and sovereign governments on SEC reporting obligations, U.S. stock exchange rules, and corporate governance matters. He regularly transacts in both Portuguese and Spanish.
Mr. Flechner has represented financial institutions as well as multilateral lenders in infrastructure financings, restructurings, and M&A transactions.
Harvard Law School, J.D. Co-Editor-in-Chief, Harvard International Law Journal (2004-05)
Yale University, B.A., magna cum laude
Meliuz, an innovative Brazilian online marketplace and fintech, and its private equity fund shareholders, in its $103 million ICVM 400 and Rule 144A/Reg S initial public offering of shares listed on the B3 exchange.
Bank of America, Banco do Brasil, Bradesco BBI, BTG Pactual, Itau BBA, and Easynvest in Brazilian retailer Lojas Quero-Quero's ICVM 400 and Rule 144A/Reg S initial public offering of shares listed on the B3 exchange.
Banco do Brasil, Bradesco, Citi, Itaú BBA, JPMorgan, Morgan Stanley, and Santander as initial purchasers and dealer managers in the US$800 million bond offering of senior notes due 2050 on a 144A/Reg S basis and concurrent debt tender offers by Brazilian protein producer and multinational exporter BRF S.A. (NYSE: BRFS).
Plano & Plano Desenvolvimento Imobiliário, an established Brazilian residential real estate developer in its ICVM 400 and Rule 144A/Regulation S initial public offering of shares listed on the B3 exchange, with Bradesco, BTG Pactual, Itau, Morgan Stanley, and Caixa acting as placement agents.
Bradesco BBI, BTG Pactual, Itau BBA, and XP Investments as placement agents in leading Brazilian real estate developer Lavvi Empreendimentos Imobiliários's ICVM 400, and Rule 144A/Reg S initial public offering of shares listed on the B3 exchange.
Goldman Sachs, Itau BBA, Morgan Stanley, and XP Investimentos in Brazilian web services provider Locaweb's $308 million ICVM 400 and Rule 144A/Reg S initial public offering of shares listed on the B3 exchange.
PagSeguro Digital (NYSE: PAGS), a leading Brazilian payment systems fintech issuer PagSeguro Digital Ltd., in its $653 million SEC-registered equity follow-on offering on the New York Stock Exchange.
Cyrela Commercial Properties, a leading Brazilian commercial real estate manager in its ICVM 400 and Rule 144A/Reg S equity follow-on offering, where Bradesco BBI, BTG Pactual, Itau, Morgan Stanley, Safra, and XP were placement agents.
Bradesco BBI, BTG Pactual, and Itau BBA as placement agents in the $37 million equity follow-on offering of Brazilian real estate broker LPS Brasil (Lopes) on a Rule 144A/Reg S and ICVM 476 restricted efforts basis.