Paul Hastings Represents Initial Purchasers in Grupo Sanborns Initial Public Offering
New York, NY
Paul Hastings LLP, a leading global law firm, represented Credit Suisse, Citi and Morgan Stanley as initial purchasers in connection with Grupo Sanborns initial public offering made internationally pursuant to Rule 144A and Regulation S and on the Mexican Stock Exchange. Grupo Sanborns is the flagship company of the Carlos Slim empire and one of the most iconic and well-known brands in Mexico.
The IPO raised approximately $950 million and is the largest IPO in Latin America so far this year as well as the second largest equity offering, following the $1.8 billion offering by Fibra Uno two weeks earlier, in which Paul Hastings also represented the underwriters.
Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.