There is still time to nominate your favourite in-house lawyers and legal departments for Latin Lawyer’s sister publication LACCA’s 7th annual awards.
Borden Ladner Gervais LLP in Toronto and Posse Herrera Ruiz in Bogotá have helped Canada’s Northland Power get a US$343 million loan to pay off debt held by its Colombian subsidiary.
Hunton Andrews Kurth LLP in Washington, DC has helped Corporación Andina de Fomento (CAF) get a US$200 million loan.
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped Brazil’s Chamber of Electric Energy Commercialisation (CCEE) obtain 15 billion Brazilian reais (US$3 billion) in financing from a syndicate of banks to launch a financial support scheme for Brazil’s electricity sector amid the covid-19 crisis.
Several Baker Botts LLP offices and EY Law (Costa Rica) have helped telecoms company Liberty Latin America agree to buy all Telefónica’s operations in Costa Rica for some US$500 million, only three months after the Spanish telecoms giant’s sale of the same assets to counterpart Millicom fell through.
Cleary Gottlieb Steen & Hamilton LLP in New York and São Paulo has helped Brazilian mining group Vale issue US$1.5 billion worth of debt.
BMA - Barbosa, Müssnich, Aragão has helped Brazilian bank BTG Pactual and its distressed debt division Enforce acquire and securitise non-performing loans worth 2.9 billion reais (US$547 million) from Banco do Brasil.
White & Case LLP offices in New York, Paris and Mexico City have helped Pernod Ricard acquire a minority stake in Mexican counterpart Mezcal Ojo de Tigre, as the French company expands its presence in the industry.
A Brazilian court has approved a restructuring plan for non-operating companies in Brazil’s Odebrecht group, which will see it pay creditors with the proceeds of asset sales and new, profit-sharing securities.
Guerrero Olivos has helped the Chilean branch of Spanish bank Santander incorporate a new credit card subsidiary, which aims to remodel the country’s existing payment processing system and challenge the long-standing market dominance of local credit card processor Transbank.