Work Area: Capital markets & securities

Brazil gets first publicly-listed facilities company

Brazilian facilities management company GPS has hired two Milbank offices and Lefosse Advogados in São Paulo to raise 2.5 billion reais (US$460 million) in an IPO, becoming the first business in its industry to float on the B3 stock exchange.

06 May 2021

Headrick Rizik steers historic Dominican green bond trust

Dominican firm Headrick Rizik Alvarez & Fernández has helped power company Empresa Generadora de Electricidad Haina set up a trust through which the company plans to issue the country’s first green bonds.

06 May 2021

Several firms help Chilean ski resort restructure debt

Carey has helped Chilean ski resort Valle Nevado restructure US$60 million worth of debt, following financial difficulties caused by recent snow shortage and social restrictions amid the covid-19 pandemic.

06 May 2021

FEMSA makes Latin America’s largest sustainability-linked debt tap

Cleary Gottlieb Steen & Hamilton LLP in New York has helped Mexican drinks group FEMSA make Latin America’s largest sustainability-linked debt tap, part of a 1.2 billion euro (US$1.4 billion) notes offering.

05 May 2021

Souza Mello in XP public offering

Souza, Mello e Torres has helped Brazilian investment management company XP Investimentos make its first public offering – worth 1.2 billion reais (US$221 million) – on the B3 stock exchange.

05 May 2021

Multilatina makes Central America’s largest green debt tap

Several international and Latin American law firms have helped the renewables subsidiary of Guatemalan multilatina Corporación Multi Inversiones (CMI) make Central America’s largest green bond issuance as part of a US$1 billion liability management transaction.

04 May 2021

BNDES makes milestone billion-dollar issuance

Davis Polk & Wardwell LLP in New York and São Paulo and White & Case LLP in Miami and São Paulo have advised BNDES Participações, the equity arm of Brazilian development bank BNDES, on its offering of 11.5 billion reais (US$2.2 billion) worth of participatory debentures in national mining giant Vale.

04 May 2021

Mexico’s Metalsa makes sustainability-linked debt tap

Mexican automotive parts manufacturer Metalsa has enlisted Paul Hastings LLP in New York and González Calvillo, SC in Mexico City to make a US$300 million sustainability-linked debt tap.

30 April 2021

Several firms in Sequoia Logística’s follow-on offering

Machado Meyer Advogados in São Paulo has helped Sequoia Logística e Transportes issue primary and second shares for 894 million reais (US$159 million).

29 April 2021

Brazilian firms in Novelis’ green bond issuance

Torys LLP in Toronto and New York and Brazilian law firm Levy Salomão Advogados have helped US aluminium company Novelis raise 500 million euros (US$586 million) in a green bond issuance.

27 April 2021

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