At Lefosse Advogados, the capital markets group is a strong performer in both equity and debt transactions, where it advises international and domestic banks, financial institutions and corporate issuers. The team has been particularly active advising on high-value follow-on offerings, but is also well versed in IPOs, tender offers, debt issuances (including debentures) and securitisations concerning agribusiness and real estate receivables certificates. Practice co-head Ricardo Prado has acted for both underwriters and issuers in a host of public offerings of securities in Brazil; his expertise also extends to corporate governance. In addition to his transactional skills, Rodrigo Junqueira has significant experience in mandates involving listed companies and related regulatory issues. Jana Araujo stands out for her lead role in multiple domestic and cross-border debt and equity offerings. Bruno Massis brings together a strong background in DCM and ECM, and also handles debt restructuring and fixed-income deals.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Lefosse is characterised as an excellent firm because, in addition to protecting the client's interests in capital market transactions, the team knows how to act in a way that facilitates the project/transaction. Very good technically. Professionals who are available to assist the client and counterparties and recognise what is a risk and what can be taken into account.'
  • 'Ricardo Prado is a great partner, available to deal with clients and very good technically, with good mediation skills.'
  • 'Pedro Cruciol was very helpful in dealing with transactions, proving to be a reliable professional with a high level of performance and excellent technical knowledge.'

Key clients

  • BRF
  • Eletrobrás
  • China Three Gorges
  • 2W Energia
  • Sabesp
  • Banco Citibank
  • BR Partners
  • AES
  • J&F Investimentos
  • Morgan Stanley
  • Rede D’or
  • Cosan
  • Bank of America
  • Dasa – Diagnósticos da América
  • AES Brasil Energia
  • Taesa - Transmissora Aliança de Energia Elétrica
  • Rumo
  • Raia Drogasil
  • Neoenergia
  • TOTVS
  • Marfrig Global Foods
  • XP Investimentos
  • Petrobrás
  • JBS
  • Banco Bradesco BBI
  • Banco Itaú BBA
  • Banco BTG Pactual

Work highlights

  • Acted as Brazilian special counsel to BRF S.A. in connection with the $5.4bn primary public offering.
  • Advised the underwriters on Copel’s R$4.5bn follow-on offer in the context of the company’s privatisation.
  • Advised the underwriters on CELG-D (Enel Goiás) 2nd issuance of debentures in the amount of R$7bn.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Luiz Octavio Lopes, Ricardo Prado

Other key lawyers

Rodrigo Junqueira, Carlos Mello, Jana Araujo, Bruno Massis, Pedro Cruciol