Work Area: Capital markets & securities

Movida issues sustainability-linked bonds in Brazil

Brazilian rental car company Movida has turned to Milbank in São Paulo and New York and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo to raise US$300 million in a sustainability-linked bond issuance.

07 October 2021

Colombian medical company combines with US SPAC

Greenberg Traurig LLP in Miami and Fort Lauderdale, Arendt & Medernach in Luxembourg and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) have helped international pharmaceutical company Procaps combine with a US special purpose acquisition company (SPAC), in a US$160 million deal that makes the Latin American business a publicly-listed entity.

06 October 2021

Coca-Cola FEMSA in first sustainability-linked tap in Mexico

Galicia Abogados has acted as deal counsel to help bottling company Coca-Cola FEMSA make the first ever sustainability-linked bond issuance on the Mexican capital market, worth some 9.4 billion Mexican pesos (US$470 million).

06 October 2021

Two Brazilian airport concessionaires make issuances

Brazilian airport concessionaires Bloco Sul and Bloco Central have hired Machado Meyer Advogados to make issuances of notes worth a total of 2.4 billion reais (US$455 million).

06 October 2021

Mexican concessionaire gets first green toll road financing

Mijares, Angoitia, Cortés y Fuentes SC in Mexico City and Gibson, Dunn & Crutcher LLP in New York have helped Mexican motorway operator Red de Carreteras de Occidente obtain its first green loan, worth 2 billion pesos (US$100 million).

05 October 2021

La Rioja joins other Argentine provinces in debt restructuring

The Argentine province of La Rioja has hired Cleary Gottlieb Steen & Hamilton LLP in Buenos Aires and New York and Bruchou, Fernández Madero & Lombardi in Buenos Aires to restructure US$296 million worth of debt.

04 October 2021

Chile taps international market with US$2.1 billion social bonds

Linklaters in New York and Morales & Besa in Santiago have helped the Republic of Chile issue US$2.1 billion worth of social bonds in separate euro and US dollar-denominated tranches.

04 October 2021

Argentina’s CGC raises funds to drill gas wells

Argentine oil and gas company Compañía General de Combustibles (CGC) has turned to Bomchil to issue US$120 million worth of notes in a two-tranche deal.

04 October 2021

Grupo LaLa goes private in US$520 million voluntary takeover

Bufete Robles Miaja SC has helped shareholders of Grupo Lala – Mexico’s largest dairy company – launch a US$520 million tender offer that will delist the company from the country’s stock exchange, BMV.

01 October 2021

Chilean company gets acquisition financing for Colbún assets

Chilean renewables company Alfa Desarrollo has relied on several White & Case LLP offices to raise US$1.1 billion in a debt issuance, the proceeds of which it will use to fund its purchase of assets from Colbún Transmisión.

01 October 2021

Get unlimited access to all Latin Lawyer content