Abraham's practice focuses on capital markets transactions, representing issuers and underwriters in connection with a variety of cross-border offerings of securities, primarily Rule 144A and Regulation S equity offerings and private placements. In addition, Abraham has also represented clients across a variety of corporate transactions, including trust preferred securities offerings, mergers and acquisitions, derivatives and private equity. Prior to joining White & Case's São Paulo ofﬁce, Abraham worked at White & Case's New York ofﬁce and as a corporate associate at two prominent law ﬁrms in New York City. Abraham has also served as a volunteer at two social services organizations in Minas Gerais, Brazil.
Privatization of Eletrobras
Representation of the international underwriters and placement agents in the public offering by Centrais Elétricas Brasileiras S.A. – Eletrobras and BNDES of 697,476,856 common shares, including 9,783,100 American Depositary Shares evidenced by American Depositary Receipts, at a price of R$42.00, in a US$6.9 billion transaction. This is the second-largest equity offering ever by a Brazilian issuer. This transaction was recognized "Capital Markets Deal of the Year" by Latin Lawyer.
Hapvida follow-on offering
Representation of the placement agents on the follow-on offering of 395,207,520 shares of common stock of Hapvida Participações e Investimentos S.A, a Brazil-based holding healthcare company.
Banco Inter equity follow-on offering
Representation of the placement agents in a Rule 144A/Regulation S equity follow-on offering by Banco Inter, for aggregate gross proceeds of R$5,410.4 million (US$949.6 million). The proceeds were used to implement the bank's business plan and accelerate its strategic initiatives through investment in new products and potentially strategic acquisitions. Banco Inter is a full-service bank that seeks to modernize the Brazilian banking market through a complete digital platform that integrates several product lines in a simple and easy-to-use layout. The bank's units, common shares and preferred shares are listed on the Nível 2 segment of the São Paulo Stock Exchange (B3 S.A. – Brasil, Bolsa, Balcão). This deal was named Equity Follow-On of the Year, by LatinFinance.
Alupar secondary offering
Represented of the placement agents in a secondary offering of 32,162,754 units of Alupar Investimento S.A. sold by FI-FGTS for approximately R$900 million, in Brazil, the United States and other jurisdictions.
Mater Dei's IPO
Representation of Hospital Mater Dei S.A. and the selling shareholders in its initial public offering on the B3 with a concurrent Rule 144A/Regulation S equity offering of 80,694,056 common shares, of which 68,171,121 common shares were issued and sold by the company and 12,522,935 common shares were sold by the selling shareholders. BTG Pactual US Capital, LLC, Bradesco Securities, Inc., Itau BBA USA Securities, Inc., J.P. Morgan Securities LLC and Safra Securities LLC., acted as international placement agents for this offering. Hospital Mater Dei is an integrated healthcare ecosystem that provides hospital and oncological services.
TC Traders Club's IPO
Representation of TC Traders Club S.A. as issuer in a Rule 144A/Regulation S initial public offering of 55,555,556 common shares and 1,805,533 additional common shares. The company is the largest social platform for individual investors in Latin America, connecting more than 470,000 users through their digital platform, which offers social interaction features, including discussion forums and discussion boards for the posting of trading strategies. The company's common shares will trade on the Novo Mercado segment of the São Paulo Stock Exchange (B3 S.A. – Brasil, Bolsa, Balcão).
XP Inc.'s inaugural notes issuance
Representation of the initial purchasers in connection with XP's inaugural issuance of US$750 million 3.250% senior unsecured notes due 2026 pursuant to Rule 144A/Regulation S. The notes were guaranteed by XP Investimentos and listed on the Singapore Exchange Securities Trading Limited.
Lojas Renner follow-on offering
Representation of Lojas Renner S.A. in a Rule 144A/Regulation S follow-on equity offering of 102,000,000 common shares, resulting in gross proceeds to the Company of approximately R$3.9 billion. Lojas Renner S.A. is one the largest fashion and lifestyle ecosystems in Brazil, offering a broad platform of brands and services to customers.
BR Advisory Partners Participações' IPO
Representation of BR Advisory Partners Participações S.A. in its initial public offering on the B3 with a concurrent Rule 144A/Regulation S equity offering of 22,750,000 units, that each represent one outstanding common share and two outstanding preferred shares. BR Advisory Partners is an independent Brazilian investment bank managed by executive partners and is considered a leader in the provision of financial advisory and capital markets services according to multiple rankings.
Lojas Americanas bond offering
Representation of JSM Global S.à r.l a wholly owned subsidiary of Lojas Americanas S.A. in connection with a bond offering of US$500 million 4.750% Senior Notes due 2030 pursuant to Rule 144A and Regulation S under the Securities Act. The notes were guaranteed by Lojas Americanas S.A., one of the largest retail companies in Brazil based on market value.
Omega Geração follow-on offering
Representation of Omega Geração S.A. in a Rule 144A/Regulation S equity follow-on offering of 23,450,027 common shares, resulting in gross proceeds to Omega of approximately R$879.1 million. Itaú BBA Securities, Inc. acted as placement agent for this offering. Omega is a company that holds power generation assets focused on clean and renewable energy, operating exclusively in the production and sale of electricity, without any exposure to the development and implementation of assets.
Equatorial Energia equity offering
Representation of Equatorial Energia S.A., a publicly listed Brazilian energy company, in connection with a 144A/Reg S offering of 118,395,000 common shares at a price per common share of R$23.50, totaling R$2.8 billion (approximately US$540 million).
Panelist, ESG – Corporate Governance and Civil Liability of Management in the Context of Judicial Restructurings, May 2023, Sponsored by Equalizar and Nubank
Up and Coming, Capital Markets, Chambers Brazil - International Firms, 2022