Arco Platform $150 million convertible senior notes offering
Davis Polk advised Arco Platform Limited (“Arco”) in connection with its offering of $150 million of 8.00% convertible senior notes due 2028.
Headquartered in São Paulo, Brazil, Arco provides a pedagogical system with technology enabled features to deliver educational content to private schools in Brazil. Arco’s turnkey curriculum solutions provide educational content in both printed and digital formats delivered through its platform to improve the learning process.
The Davis Polk capital markets team included Manuel Garciadiaz and Konstantinos Papadopoulos. The equity derivatives team included Mark J. DiFiore, Stockton Bullitt and Lindsey B. Meyers-Perez. The tax team included Mario J. Verdolini and Dov Sussman. Sarah E. Kim and Alisan Oliver-Li provided 1940 Act advice. Members of the Davis Polk team are based in the São Paulo and New York offices.