A powerhouse in both the debt and equity markets, Lefosse Advogados is consistently at the forefront of major capital markets transactions. Recent standout deals include SABESP’s R$14.7bn privatisation follow-on offering and Eletrobras’ $750m infrastructure bond—the first issuance of its kind under Law 14,801. Luiz Octavio Lopes, who has led numerous equity capital markets transactions with a recent focus on follow-on offerings, co-heads the team with Ricardo Prado, known for advising issuers and underwriters on public offerings in local and international markets and for his strong track record in fixed-income transactions. Managing partner Rodrigo Junqueira is a key contact for issuers and coordinators in ECM and DCM deals. Jana Araujo is recognised for her expertise in domestic and cross-border equity offerings, while Bruno Massis advises on public offerings of debt securities, equity, and private placements. Felipe Paiva joined from TozziniFreire in May 2025, bringing extensive experience in securitisations, fund formation, and follow-on offerings of alternative funds.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Lefosse stands out in the capital markets, especially in equity. I think it's amazing that Jana Araújo's team is mostly made up of women. Their level of knowledge is enviable.'
- 'Jana Araújo (partner) - I recommend her to everyone! Jana is one of the most admirable lawyers I have ever worked with. Enormous knowledge. Efficiency. Flexibility. She solves all problems.'
Key clients
- Companhia de Saneamento Básico do Estado de São Paulo – SABESP
- Banco da Amazônia
- Priner Serviços Industriais S.A.
- Eve Air Inc.
- Boasafra Sementes
- Mobly S.A.
- Salta Educação
- Transmissora Aliança de Energia Elétrica S.A.
- AES Brasil Energia
- Magazine Luiza S.A.
- Rede D’Or
- Cosan
- UBSBB
- Eletrobras
- Rumo
- Raia Drogasil
- Neoenergia
- Totvs
- Marfrig Global Foods
- Equatorial Energia
Work highlights
Acted as Brazilian special counsel to Companhia de Saneamento Básico do Estado de São Paulo and Estado de São Paulo in the privatisation follow-on offering of Sabesp.
Advised Citigroup Global Markets Inc., Itau BBA USA Securities, Inc, Banco Bradesco BBI S.A., UBS Securities LLC, Santander US Capital Markets LLC, BBVA Securities Inc., BNP Paribas Securities Corp., Banco BTG Pactual S.A. – Cayman Branch, and Scotia Capital (USA) Inc. (collectively the “Managers”) on the offering and sale of $750m Notes by Centrais Elétricas Brasileiras S.A. – Eletrobras.
Acted as Brazilian special counsel to Eneva S.A. in its R$3.2bn primary follow-on offering.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Luiz Octavio Lopes; Ricardo Prado
Other key lawyers
Rodrigo Junqueira; Jana Araujo; Bruno Massis; Mariana Pollini; Pedro Cruciol; Felipe Paiva