IFLR1000

Hermes Pardini Bovespa IPO

16/2/2017
IPO
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R$ 878 million

Completed

16/2/2017

Overview:

  • Hermes Pardini has undertaken an IPO on the Bovespa.
  • The offering consisted of 8,571,429 shares priced at R$19 a share. 
  • The offering raised R$878 million.
  • Banco Itaú, Morgan Stanley, Banco Bradesco, Bank of America Merrill Lynch and JPMorgan acted as joint bookrunners. 
  • Hermes Pardini is a diagnostic medicine company.
  • In a secondary offering, Gávea Investimentos issued 31,600,000 common shares of Hermes Pardini. 

Rani Mehta - Journalist 

Jurisdiction:

Brazil

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Healthcare

Firms:
Davis Polk & Wardwell

Party: Banco Itaú (Joint bookrunner)

Party: Morgan Stanley (Joint bookrunner)

Party: Banco Bradesco (Joint bookrunner)

Party: Bank of America Merrill Lynch (Joint bookrunner)

Party: JP Morgan (Joint bookrunner)

Lefosse

Party: Hermes Pardini (Issuer)

Lawyers: Bruno Carramaschi, Felipe Gibson, Rodrigo Azevedo Junqueira

Mattos Filho Veiga Filho Marrey Jr & Quiroga Advogados

Party: Banco Itaú (Joint bookrunner)

Party: Morgan Stanley (Joint bookrunner)

Party: Banco Bradesco (Joint bookrunner)

Party: Bank of America Merrill Lynch (Joint bookrunner)

Party: JP Morgan (Joint bookrunner)

Lawyer: Jean Marcel Arakawa

White & Case

Party: Hermes Pardini (Issuer)

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