Work Area: Capital markets & securities

Heineken subsidiary increases stake in Chilean brewer

Milbank in New York and Claro & Cía in Santiago have helped Chilean investment group Inversiones y Rentas (IRSA) – owned by Chilean conglomerate Quiñenco and the local subsidiary of Heineken – launch a tender offer to pay up to US$151 million to increase its stake in beverage business Compañía Cervecerías Unidas (CCU).

06 July 2021

Chilean bank investor gets interim protection amid restructuring

A Chilean financial holding company controlled by billionaire Alvaro Saieh has secured court protection in Delaware to fend off any potential collection attempts by foreign creditors, as it works to restructure more than US$1.8 billion in debt.

06 July 2021

Linklaters launches Mexico group

UK magic circle firm Linklaters has expanded its Latin America offering by launching a practice group dedicated to Mexico.

01 July 2021

Brazil’s EcoRodovias changes ownership after follow-on offering

Mayer Brown LLP in New York and Tauil & Chequer Advogados in association with Mayer Brown in São Paulo have helped Brazilian transport company EcoRodovias complete a 1.7 billion reais (US$343 million) follow-on offering.

01 July 2021

PetroRio raises US$600 million in global debt issuance debut

Brazilian oil and gas company PetroRio has hired Linklaters in New York, Luxembourg and Singapore and Cescon, Barrieu, Flesch & Barreto Advogados in São Paulo and Rio de Janeiro to issue its first-ever international notes, worth US$600 million.

01 July 2021

Argentine province of Chaco restructures debt

The New York and Buenos Aires offices of DLA Piper LLP have helped the Argentine province of Chaco restructure US$250 million worth of foreign debt.

30 June 2021

Brazil’s JBS issues sustainability-linked bonds

White & Case LLP in São Paulo, New York and Miami and Brazilian law firm Lefosse Advogados have helped beef packer JBS raise US$1 billion in a sustainability-linked bond issuance.

30 June 2021

Brazil’s StoneCo makes US$500 million debt issuance

Brazilian financial technology company StoneCo has relied on Davis Polk & Wardwell LLP in New York and São Paulo and Pinheiro Neto Advogados in São Paulo to issue US$500 million worth of notes.

29 June 2021

Mexico’s CFE raises US$503 million in three bond issues

Mexican state-owned utility company Comisión Federal de Electricidad (CFE) has relied on local law firm Creel, García-Cuéllar, Aiza y Enríquez, SC to establish a debt certificate programme – worth 100 billion Mexican pesos (US$5 billion) – and make three bond issuances worth a combined 10 billion pesos (US$503 million).

29 June 2021

Veirano bolsters capital markets group with Citibank hire

Latin Lawyer Elite firm Veirano Advogados has bolstered its capital markets offering by hiring a former in-house counsel from the São Paulo office of US finance group Citibank as partner.

28 June 2021

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