Work Area: Capital markets & securities

Samarco tables US$10 billion restructuring plan

One month after securing Chapter 15 recognition in New York, Brazilian miner Samarco Mineração has proposed a judicial reorganisation plan that could see unsecured creditors take an 85% haircut on their claims.

16 June 2021

Pinheiro Neto helps Cielo ink FIDC transactions worth over US$1 billion

Brazilian law firm Pinheiro Neto Advogados has advised all parties in the structuring of two credit rights funds (FIDCs) by Brazil’s largest payment services provider Cielo, as well as in the funds’ first issuances worth a combined US$1 billion.

15 June 2021

Multiple firms in Argentine Globant’s US$295 million equity offering

Argentine digital technology company Globant has relied on DLA Piper LLP in New York, Boston and Buenos Aires and Argentina's Marval O’Farrell Mairal to raise US$295 million in a follow-on offering.

14 June 2021

Uruguay’s first unicorn soars above target in Nasdaq IPO

Four Davis Polk & Wardwell LLP offices have helped tech company dLocal – Uruguay’s first unicorn – raise some US$710 million in an initial public offering.

11 June 2021

Rede D’Or São Luiz makes US$936 million equity offering in Brazil

Skadden, Arps, Slate, Meagher & Flom LLP in São Paulo and New York has advised Brazilian healthcare service provider Rede D’Or São Luiz in a primary and secondary offering worth 4.9 billion reais (US$936 million).

11 June 2021

Mexico’s Orbia issues sustainability-linked bonds

Mexican conglomerate Orbia has hired Cleary Gottlieb Steen & Hamilton LLP in New York and Ritch Mueller in Mexico City to raise US$1.1 billion in two sustainability-linked bond issuances, as well as launching a tender offer to repurchase debt.

11 June 2021

International Lawyer of the Year: Manuel Garciadiaz

Featured in 15th Annual Awards

Manuel Garciadiaz, head of the Latin America practice and corporate partner at Davis Polk & Wardwell LLP – and this year’s winner of Latin Lawyer’s International Lawyer of the Year Award – has worked on some of Brazil’s most high-profile equity offerings during his career and has been at the forefront of the country's latest capital markets boom.

09 June 2021

Chávez Vargas steers Mexico’s third gender bond issuance

Mexican state-owned financial credit institution Fonacot has hired local law firm Chávez Vargas Minutti SC to raise 1.5 billion Mexican pesos (US$75 million) in a gender bond issuance.

09 June 2021

Brazilian loyalty programme Dotz launches IPO

Simpson Thacher & Bartlett LLP and Pinheiro Neto Advogados in São Paulo have helped Brazilian loyalty programme administrator Dotz raise 391 million reais (US$75 million) in an initial public offering on the São Paulo stock exchange, B3.

08 June 2021

White & Case in Mexican agribusiness fund’s second social bonds

White & Case SC has helped Mexican trust Fondo Especial para Financiamientos Agropecuarios (FEFA) raise 10 billion Mexican pesos (US$504 million) in a debt issuance, including a tranche of social bonds with gender equality objectives.

04 June 2021

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