Davis Polk advised the global coordinators and bookrunners in connection with the $653 million SEC-registered secondary offering of 16,750,000 shares of Class A common shares of PagSeguro Digital Ltd. by Universo Online S.A., as the sole selling shareholder. The Class A common shares are listed on the New York Stock Exchange under the symbol “PAGS.”

PagSeguro is a provider of financial technology solutions focused primarily on micro-merchants, small companies and medium-sized companies in Brazil. PagSeguro is controlled by the UOL Group, a Brazilian web content, products and services provider.

The Davis Polk capital markets team included Manuel Garciadiaz and Konstantinos Papadopoulos. The tax team included William A. Curran and Tomislava Dragicevic. Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the São Paulo and New York offices.