Stibbe assists AUNA S.A.

Stibbe assisted AUNA S.A., the Luxembourg holding company of one of the largest and most recognized players in the Latin American healthcare industry in identifying and addressing all Luxembourg legal aspects linked to its $360 million U.S. initial public offering of 30,000,000 Class A ordinary shares, including, without limitation, assisting in the drafting of the prospectus, reviewing/negotiating underwriting agreements with investment banks, assisting in the establishment of the corporate governance structure to meet the requirement of being a publicly traded company, restating the articles of association to ensure full compliance with the IPO, and advising on and documenting the shares' issuance. The shares are listed on the New York Stock Exchange under the symbol "AUNA".

The IPO entailed a complex restatement of the articles of association of the Luxembourg entity through an innovative reverse stock split mechanism to ensure that the IPO would (i) work from a Luxembourg legal perspective and be acceptable by Luxembourg notaries (ii) meet the New-York stock exchange requirements and (iii) meet the client's expectations. 

For this transaction, Stibbe worked closely with Davis Polk New York, who acted as lead counsel.