Goldman Sachs & Co. LLC
200 West Street
New York, NY 10282
J.P. Morgan Securities LLC
383 Madison Ave
New York, NY 10017
Morgan Stanley & Co. LLC
1585 Broadway
New York, New York 10036
Citigroup Global Markets Inc.
388 Greenwich Street
New York, New York 10013
April 2, 2019
VIA EDGAR
U.S. Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Re: | StoneCo Ltd. Registration Statement onForm F-1 (FileNo. 333-230642) |
Ladies and Gentlemen:
Pursuant to Rule 461 under the Securities Act of 1933, as amended (the “Securities Act”), we, as the representatives of the several underwriters (the “Representatives”), hereby join in the request of StoneCo Ltd. an exempted company incorporated under the laws of the Cayman Islands with limited liability (the “Company”), that the effective date of the above-referenced Registration Statement on FormF-1 be accelerated so that it will be declared effective at 04:00 p.m. Eastern Daylight Time on April 2, 2019, or as soon thereafter as practicable. We, the undersigned Representatives, confirm that the underwriters are aware of their obligations under the Securities Act.
Pursuant to Rule 460 under the Securities Act, we advise you that as of the date hereof, we have distributed 1,518 copies of the Company’s Preliminary Prospectus dated April 1, 2019 to prospective underwriters, institutional investors, dealers and others.
Very truly yours,
Goldman Sachs & Co. LLC J.P. Morgan Securities LLC Morgan Stanley & Co. LLC Citigroup Global Markets Inc. | ||||
Goldman Sachs & Co. LLC | ||||
By: | /s/ Facundo Vazquez | |||
Name: | Facundo Vazquez | |||
Title: | Managing Director | |||
J.P. Morgan Securities LLC | ||||
By: | /s/ Alejandra Fernandez | |||
Name: | Alejandra Fernandez | |||
Title: | Vice President | |||
Morgan Stanley & Co. LLC | ||||
By: | /s/ Santiago Stel | |||
Name: | Santiago Stel | |||
Title: | Executive Director | |||
Citigroup Global Markets Inc. | ||||
By: | /s/ Alexander G. Ivanov | |||
Name: | Alexander G. Ivanov | |||
Title: | Managing Director |