Work Area: Capital markets & securities

Electricity distributor makes landmark debt placement in Panama

Panamanian power distributor Elektra Noreste has enlisted Clifford Chance LLP in New York and Washington, DC and local firm Alemán, Cordero, Galindo & Lee to raise US$100 million in the first private placement on the Latin American stock exchange in Panama.

30 July 2021

Brazil's Méliuz makes follow-on offering

Paul Hastings LLP in New York and São Paulo and Brazil's Cescon, Barrieu, Flesch & Barreto Advogados have helped local fintech Méliuz raise 1.2 billion reais (US$227 million) in a follow-on offering.

28 July 2021

Mexican airport tender offer makes safe landing after amendments

US firm Cleary Gottlieb Steen & Hamilton LLP and Mexico’s Mijares, Angoitia, Cortés y Fuentes SC have helped air travel company Aerodrome Infrastructure finalise its previously launched tender offer to acquire shares in local counterpart Aeroportuario del Centro Norte (OMA) for 8.4 billion Mexican pesos (US$419 million), following several changes to the original deal.

28 July 2021

Partners leave Brazilian firms Muriel Medici and Santos Neto for new ventures

Several partners have parted ways with Brazilian firms Muriel Medici Franco Advogados and Santos Neto Advogados, branching off to form separate ventures.

28 July 2021

Brazil’s VTEX hits above target in IPO

Brazilian software company VTEX has enlisted Simpson Thacher & Bartlett LLP in New York and São Paulo and Lefosse Advogados in São Paulo to raise US$361 million in an initial public offering on the New York stock exchange.

27 July 2021

Familiar firms in Nemak’s sustainability-linked debt tap

Paul Hasting LLP in New York has helped Mexican automotive parts manufacturer Nemak make its second sustainability-linked bond issuance in less than a month, raising 500 million euros (US$588 million).

27 July 2021

Brazilian gym chain Smart Fit launches IPO

Simpson Thacher & Bartlett in New York and São Paulo and Brazilian firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados have helped Latin America’s largest gym chain Smart Fit raise 2.3 billion reais (US$450 million) in an initial public offering on the São Paulo stock exchange, B3.

26 July 2021

Guyer & Regules helps CVU in debt offering

Guyer & Regules has helped Corporación Vial del Uruguay (CVU), the country’s largest toll road concessionaire, raise US$150 million in a debt offering.

23 July 2021

Mexico offers more bonds linked to UN development goals

Cleary Gottlieb Steen & Hamilton LLP in New York has advised the Republic of Mexico in its second issuance of sovereign bonds linked to the United Nations’ sustainable development goals in a deal worth 1.25 million euros (US$1.5 million).

22 July 2021

Argentine fertiliser maker issues inaugural bonds

Argentine fertiliser manufacturer Profertil has enlisted local law firm Severgnini, Robiola, Grinberg & Tombeur to make an inaugural bond issuance worth US$25 million.

22 July 2021

Get unlimited access to all Latin Lawyer content