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.
Latin America practice partners
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