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Fermaca obtains US$820 million for Mexican natural gas pipeline

The 465-kilometre pipeline will connect two powerplants in the northen states of Chihuahua and Durango

Thursday, 30 July 2015 by Lulu Rumsey

Latham & Watkins LLP and Galicia Abogados have helped Fermaca procure US$820 million in project financing to fund the construction of a pipeline in northern Mexico, the first natural gas pipeline to obtain funding since Mexico’s government passed new hydrocarbons legislation last year.

AT&T becomes major LatAm player following DirecTV merger approval

Thursday, 30 July 2015 by Thomas Muskett-Ford

Ten firms have helped US telecoms providers AT&T and DirecTV merge in a multibillion-dollar deal that significantly bolsters the companies’ presence in Latin America’s rapidly growing telecoms market.

Air Products ups stake in leading LatAm gas company

Thursday, 30 July 2015 by Thomas Muskett-Ford

US industrial gas company Air Products has retained Carey to increase its stake in Chilean counterpart Indura to 97 per cent by buying out the company’s largest other shareholder.

Pemex retains Galicia for notes issuance

Thursday, 30 July 2015 by Thomas Muskett-Ford

Mexican state-owned energy company Petrobras has hired regular counsel Galicia Abogados to issue peso-demoninated notes in three separate tranches worth a combined US$475 million under a multi-billion dollar shelf registration programme established by the firm last year.

ICBC and Banco Itaú hire Marval for electricity loan

Thursday, 30 July 2015 by Thomas Muskett-Ford

Marval, O'Farrell & Mairal has helped the Buenos Aires branch of the Industrial and Commercial Bank of China (ICBC) and Banco Itaú Argentina provide a loan worth US$32 million to the Argentine subsidiary of US electricity provider AES.
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Former Basham managing partner heads to boutique firm

Wednesday, 29 July 2015 by Thomas Muskett-Ford

Mexican tax lawyer Luis Ortiz-Hidalgo has moved to boutique firm Ortiz, Hernandez y Orendain, SC, where he has been made name partner, after reaching the mandatory age of retirement at Basham, Ringe y Correa.

UK drinks company swallows Brazilian counterpart

Wednesday, 29 July 2015 by Thomas Muskett-Ford

Brazil’s Lefosse Advogados has helped the Brazilian subsidiary of soft drinks producer Britvic acquire local juice concentrate producer Empresa Brasileira de Bebidas e Alimentos from its shareholders in a US$173 million deal that hands the UK-based company one of the largest drinks producers in the country.

Galicia steers Banco Monex issuance

Wednesday, 29 July 2015 by Thomas Muskett-Ford

Galicia Abogados has helped Mexican foreign exchange company Banco Monex establish a US$490 million shelf registration programme and complete its first issuance under the scheme with a US$65 million offering.

Zang Bergel steers Argentine notes issuance

Wednesday, 29 July 2015 by Thomas Muskett-Ford

Zang, Bergel & Viñes Abogados has acted as deal counsel in a US$15 million local issuance by Argentina’s BACS Banco de Crédito y Securitización.

Three firms steer rare Uruguayan project bond issuance

Punta de Rieles will increase Uruguay's incarceration capacity by a quarter

Tuesday, 28 July 2015 by Thomas Muskett-Ford

Guyer & Regules in Montevideo and Clifford Chance LLP in Madrid have helped Uruguay’s first-ever public private partnership (PPP) obtain finance worth US$90 million to fund the construction of the Punta de Rieles prison, involving a rare local issuance of project bonds.

US investigation into Banamex widens

Tuesday, 28 July 2015 by Waithera Junghae

The US Department of Justice (DoJ) is investigating Citigroup’s Mexican operation Banamex for allegedly helping clients to launder money.

Marval and Richards Cardinal in dairy deal

Tuesday, 28 July 2015 by Thomas Muskett-Ford

US baby formula company Mead Johnson Nutrition (MJN) has retained Marval, O'Farrell & Mairal to acquire an additional 10 per cent in Argentine counterpart SanCor Cooperativas Unidas, bringing its total equity stake in the dairy cooperative to 90 per cent.

PeruRail obtains finance from BBVA Continental

Tuesday, 28 July 2015 by Thomas Muskett-Ford

Estudio Echecopar member firm of Baker & McKenzie International, has helped Peruvian train operator PeruRail obtain a US$40 million loan to upgrade its offloading facilities and freight-handling services.

Corral Rosales defends Conecel from further antitrust sanctions

The antitrust regulator fined Conecel US$138 million last year for creating barriers to market entry

Monday, 27 July 2015 by Thomas Muskett-Ford

Ecuadorean firm Corral Rosales Carmigniani Pérez has helped local telecoms provider Conecel defeat a sanctioning request from the Ecuadorean antitrust authority over its alleged failure to comply with a 2014 ruling which found that exclusivity clauses present in over a thousand of the company’s phone mast rental contracts hindered the expansion of its industry rivals.

Pastoriza Alcayaga and Salaverri Dellatorre return to help Dutch agribusiness obtain loan

Monday, 27 July 2015 by Toby Luckhurst

Pastoriza Alcayaga Zigelbaum has helped the Argentine arm of Dutch agribusiness Nidera obtain a US$95 million syndicated loan.

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