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Latham & Watkins Represents Evertec, Inc. in Secondary Offering of Common Stock

August 17, 2022
Firm advises on offering by the full-service transaction processing business in Puerto Rico, the Caribbean, and Latin America.

EVERTEC, Inc. (NYSE: EVTC), a leading full-service transaction processing business in Puerto Rico, the Caribbean, and Latin America, providing a broad range of merchant acquiring, payment services, and business process management services, closed on August 15, 2022 the previously announced underwritten secondary offering by Popular, Inc. (NASDAQ: BPOP) of 6,262,293 shares of the Company’s common stock at a public offering price of US$32.00 per share.

Latham & Watkins LLP represented Evertec in the offering with a New York team led by corporate partners Peter Harwich, Keith Halverstam, and Adam Gelardi, with associates Adam Johnson and Katie Byun. Advice was also provided on tax matters by partner Elena Romanova, with associate Jacob Nagelberg.

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