JSL S.A. R$693.7 Million IPO

Davis Polk advised the joint bookrunners in connection with the initial public offering by JSL S.A. of 72,255,762 common shares for an aggregate amount of approximately R$693.7 million. The common shares trade on the São Paulo Stock Exchange. The securities sold in the international offering were placed under Rule 144A and Regulation S.

JSL is the leading asset heavy and asset light integrated ground logistics operator in Brazil, offering customized logistics solutions throughout Brazil to a large variety of clients.

The Davis Polk corporate team included Manuel Garciadiaz and Konstantinos Papadopoulos. The tax team included Daniel L. Jose. Members of the Davis Polk team are based in the São Paulo and New York offices.