Davis Polk Advises JHSF Participações on Its R$513 Million Equity Offering

Davis Polk advised JHSF Participações S.A. in connection with its equity offering of 108,000,000 common shares for an aggregate amount of R$513 million (approximately $122 million). The common shares trade on the São Paulo Stock Exchange. Common shares sold in the international offering were placed under Rule 144A and Regulation S.

Headquartered in São Paulo, Brazil, JHSF Participações was founded in 1972 and focuses on serving high-income customers in Brazil by developing and managing mixed-use real estate projects in the following sectors: residential, commercial and mixed-use real estate developments; shopping center development and management; hotels and restaurants; and executive airports. JHSF Participações’s principal brands include JHSF, Fazenda Boa Vista, Cidade Jardim Shopping, Catarina Fashion Outlet and Fasano.

The Davis Polk corporate team included Manuel Garciadiaz and Lourenço Lopes-Sabino. The tax team included William A. Curran and Joshua J. Micelotta. Sijia Cai provided Investment Act advice. Members of the Davis Polk team are based in the São Paulo and New York offices.