Work Area: Aviation

Avianca emerges from Chapter 11 restructuring

Five offices of US firm Milbank and Gómez-Pinzón in Bogotá have helped Latin American airline Avianca emerge from its Chapter 11 restructuring process and eliminate debt worth more than US$1 billion.

10 January 2022

Pinheiro Neto appoints nine partners and two counsel

Brazilian Elite firm Pinheiro Neto Advogados has promoted nine associates to partner and two to counsel, bolstering several practice groups.

08 December 2021

Azul backs off from LATAM offer after restructuring filed

Two days after South America’s largest airline LATAM submitted a Chapter 11 plan in New York, one of its Brazilian competitors has backed off from an offer to combine with the Chile-headquartered company.

08 December 2021

LATAM Airlines gets additional US$750 million DIP financing

LATAM Airlines has hired several international and Latin American law firms to obtain an additional US$750 million debtor-in-possession (DIP) financing, part of the aviation group’s Chapter 11 bankruptcy proceedings.

24 November 2021

PPU and Miranda & Amado advise on two Peruvian airport loans

Philippi Prietocarrizosa Ferrero DU & Uría (Peru) has helped airport concessionaire Aeropuertos del Perú obtain two credit lines worth a total of US$123 million.

23 November 2021

GOL issues bonds and consolidates prior offerings

Milbank in São Paulo and New York and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo has helped Brazilian airline GOL make a US$150 million debt offering.

26 October 2021

Bain Capital acquires engineering assets from Rolls-Royce

US private investment fund Bain Capital has hired Cuatrecasas in Madrid and Mexico City and BMA - Barbosa Müssnich Aragão in São Paulo to acquire Industria de Turbo Propulsores Aero (ITP Aero), an aerospace and engine component supplier, from Rolls-Royce for 1.7 billion Euros (US$2 billion).

11 October 2021

Several firms help Avianca land DIP-to-exit financing

Milbank in New York, Gómez-Pinzón in Bogotá and Morgan & Morgan in Panama City have helped Colombian airline Avianca obtain a US$1.05 billion facility that will help it exit its existing debtor-in-possession (DIP) financing.

22 September 2021

Tocumen makes largest company bond offer on Panama’s Latinex

The operator of Panama City’s international airport Tocumen has hired three offices of Shearman & Sterling LLP and Icaza, González-Ruíz & Alemán in Panama City to issue bonds worth US$1.85 billion.

31 August 2021

Ecuador’s Spingarn & Marks adds partners with Robalino Law hires

Ecuadorean outfit Spingarn & Marks has strengthened its public law, natural resources and aviation offerings by hiring a group of lawyers from local firm Robalino Law, with two joining as partners.

21 July 2021

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