We advised StoneCo on its Rule 144A / Regulation S offering of senior notes

Davis Polk advised StoneCo Ltd. in connection with a Rule 144A / Regulation S offering of $500 million aggregate principal amount of its 3.950% senior notes due 2028. The notes are guaranteed by certain subsidiaries of StoneCo. StoneCo intends to use the net proceeds from the offering for general corporate purposes, including financing their investment in Banco Inter, the growth of their business and refinancing certain of their corporate indebtedness.

Stone is a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels.

The Davis Polk capital markets team included partner Byron B. Rooney, counsel James Vickers and associates Cesar Fischer and Felipe Saraiva Carneiro. The tax team included partner William A. Curran and associate Benjamin Helfgott. Members of the Davis Polk team are based in the New York and São Paulo offices.

Copy link to share post