Work Area: Capital markets & securities

Espaçolaser becomes Brazil’s first listed beauty services company

Simpson Thacher & Bartlett LLP in São Paulo and New York and local firm Lefosse Advogados have helped Brazil’s largest laser hair removal company, Espaçolaser, raise 2.3 billion reais (US$425 million) in an IPO on the B3 stock exchange, making it the country’ first publicly traded beauty services company.

08 February 2021

China Three Gorges moves to up stake in Peru’s Luz del Sur

Peru’s Muñiz, Olaya, Meléndez, Castro, Ono & Herrera has helped Chinese state-owned power company China Three Gorges launch a US$569 million bid to acquire an additional stake in the Andean country’s largest electricity company, Luz del Sur.

08 February 2021

Cemig turns off Light in share offering

Brazilian electricity company Light has called on Milbank in São Paulo and New York and local firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to issue shares in a primary and secondary offering for 2.7 billion reais (US$507 million), in which state-owned Cemig sold its entire stake in the company.

05 February 2021

Colombia makes debt transactions worth US$4 billion

Arnold & Porter in New York and Washington, DC has helped the Republic of Colombia raise US$2.8 billion in a sovereign debt tap and launch a tender offer to buy back existing debt.

05 February 2021

Real estate IPO misses target in Brazil

Clifford Chance LLP in New York and São Paulo and Brazilian firm Machado Meyer Advogados have helped local real estate group HBR Realty raise 729 million reais (US$136 million) in an IPO that fell short of the target.

04 February 2021

Brazilian soybean producer makes US$750 million sustainable debt tap

White & Case LLP in New York, Miami and São Paulo and Brazil’s Santos Neto Advogados have helped Brazilian soybean producer Amaggi raise US$750 million in a sustainable bond issuance.

03 February 2021

Five firms help province of Córdoba restructure US$1.7 billion

Argentina’s second most populated province, Córdoba, has called on Shearman & Sterling LLP in New York and Washington, DC and Tavarone, Rovelli, Salim & Miani in Buenos Aires to restructure US$1.7 billion worth of foreign debt.

02 February 2021

Chilean telecoms group WOM gets financing ahead of 5G trial

Guerrero Olivos in Santiago has helped Chilean telecoms group WOM obtain a US$450 million financing, the proceeds of which it will use to bid for local telecoms contracts as Chile goes ahead with Latin America’s first 5G test zone.

02 February 2021

Six firms in high-priced Patria IPO

Davis Polk & Wardwell LLP in New York and São Paulo, Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados, and Maples Group in the Cayman Islands have helped Blackstone-backed Brazilian private equity investor Patria Investimentos launch a US$588 million initial public offering.

01 February 2021

Odebrecht subsidiary completes US$3.4 billion extrajudicial restructuring

Cleary Gottlieb Steen & Hamilton LLP and E.Munhoz Advogados have helped the construction services arm of Brazil’s Odebrecht close the restructuring of approximately US$3.4 billion worth of debt.

29 January 2021

Get unlimited access to all Latin Lawyer content