We advised the underwriters in connection with the equity offering

Davis Polk advised the agents in connection with the $883.4 million primary offering of 46,012,270 shares of common stock of Grupo de Moda Soma S.A. (“Grupo Soma”). 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.

Grupo Soma is one of the largest collection of Brazilian premium fashion brands in terms of net revenue. In 2020, Grupo Soma was one of the 15 largest e-commerce companies in Brazil.

The Davis Polk corporate team included partner Maurice Blanco, counsel Konstantinos Papadopoulos and associate Felipe Saraiva Carneiro. The tax team included partner Michael Farber and associate Tyler Scheiner. Members of the Davis Polk team are based in the New York and São Paulo offices.

Copy link to share post