Latham & Watkins Advises on Patria’s Inaugural Notes Private Placement in the US Market
Latham & Watkins advised Patria Investments Limited (Patria) (Nasdaq: PAX), a global alternative asset manager and a leading asset manager in Latin America, and its subsidiary, Patria Finance Limited, in Patria Finance Limited’s inaugural notes private placement in the US market, which included the issuance of US$50 million aggregate principal amount of 6.02% Series A senior notes due 2031, US$100 million aggregate principal amount of 6.30% Series B senior notes due 2033, and US$200 million aggregate principal amount of 6.60% Series C senior notes due 2036.
Latham & Watkins represented Patria with a team led by partners Guido Liniado and Pedro Rufino Caravalho, with assistance from Lucila Dorado. Advice was also provided on ERISA matters by counsels Aryeh Zuber and Laura Szarmach and on securities matters by partners Laura Ferrell and Jennifer Tian.