Iguatemi Empresa de Shopping Centers in R$387.6 Million Offering of Common Shares
October 22, 2009
October 22, 2009
Cleary Gottlieb represented Iguatemi Empresa de Shopping Centers S.A. in a primary public offering of common shares registered in Brazil and exempt from registration in the U.S. and elsewhere pursuant to Rule 144A and Regulation S. The offering, which was conducted on the Novo Mercado segment of the São Paulo Stock Exchange (the “BM&FBOVESPA”), priced on October 22.
Iguatemi Empresa de Shopping Centers S.A. has the most recognized brand in the Brazilian shopping mall industry. It is one of the leading full-service companies in the shopping mall sector in Brazil, with shopping malls strategically located in Brazil’s southeastern and southern regions, targeting upper-income and upper-middle-income consumers.