Azul S.A. Unveils Preferred Stock Offerings with Paul Hastings' Guidance
Deal News | May 14, 2025 | Paul Hastings

Paul Hastings LLP provided expert legal counsel to placement agents in a substantial preferred stock offering by Azul S.A., Brazil's largest airline. This move forms a crucial part of Azul's comprehensive equitization process. The legal advisory team from Paul Hastings was spearheaded by Securities and Capital Markets partner Grissel Mercado, along with Maria Larsen and associates Thomas Ayres and Jessica Kelly. Paul Hastings is renowned for its expertise across various legal practices and serves leading global investment banks, asset managers, and corporations.
Sectors
- Aviation
- Legal Services
- Financial Services
Geography
- Brazil – Azul S.A. is the largest airline by flight departures and cities served in Brazil.
Industry
- Aviation – Azul S.A. operates within the aviation industry and is a key player as the largest airline in Brazil.
- Legal Services – Paul Hastings, a law firm specializing in legal advisory services for capital markets transactions, is involved in this stock offering.
- Financial Services – The role of placement agents in the stock offering highlights the financial services aspect of the transaction.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Azul S.A. | Target Company | Company | Azul S.A. is the largest airline in Brazil by number of flight departures and cities served. |
Paul Hastings LLP | Legal Advisor | Company | Paul Hastings is a leading global law firm providing legal services in securities and capital markets, among other fields. |
Grissel Mercado | Partner, Legal Advisory Team | Person | Partner at Paul Hastings specializing in Securities and Capital Markets. |
Maria Larsen | Of Counsel, Legal Advisory Team | Person | Of counsel at Paul Hastings involved in the legal advisory for Azul S.A.'s stock offering. |
Thomas Ayres | Associate, Legal Advisory Team | Person | Associate at Paul Hastings assisting in the transaction. |
Jessica Kelly | Associate, Legal Advisory Team | Person | Associate at Paul Hastings assisting in the transaction. |