Work Area: Finance

Banco BAC gets loan to back women-led SMEs in Costa Rica

Greenberg Traurig LLP in Dallas and New York and Costa Rica’s LatamLex have helped the local branch of Central American bank BAC obtain a US$150 million credit facility from the US International Development Finance Corporation (DFC) to fund women-led and small and medium-sized enterprises (SMEs).

04 February 2021

IDB Invest boosts Banco Davivienda’s green lending in El Salvador

Hunton Andrews Kurth LLP in Washington, DC and BLP (El Salvador) have helped IDB Invest provide a US$100 million A/B loan to Colombian bank Davivienda’s branch in El Salvador.

03 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

Arias steers cross-border IDB Invest loan

Arias’ offices in El Salvador, Guatemala and Honduras have helped IDB Invest lend US$75 million to Central American food company CMI Alimentos.

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

Rodrigo Elías steers university loan in Peru

Rodrigo, Elías & Medrano Abogados has helped a syndicate of lenders grant a 193 million pesos (US$53 million) financing package to Peru’s Cesar Vallejo university, including a credit facility and a private bond placement.

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

São Paulo’s state-led sewage company gets IDB Invest boost

Clifford Chance LLP in São Paulo and Washington, DC and Brazilian firm Cescon, Barrieu, Flesch & Barreto Advogados have helped Brazilian state-owned water management group Companhia de Saneamento Básico do Estado de São Paulo (SABESP) obtain 950 million reais (US$185 million) to build five water treatment plants in the state of São Paulo.

28 January 2021

Minas Gerais Development Bank makes first sustainable bond issue

Madrona Advogados has helped Minas Gerais Development Bank (BDMG) issue sustainable bonds worth US$50 million.

28 January 2021

UK company to help Brazilian open banking setup

TozziniFreire Advogados and Pinheiro Neto Advogados have facilitated a deal between UK open banking and technology company Raidiam – the company responsible for the successful rollout of open banking infrastructure in the UK – and a group of Brazilian banking and digital associations, which will see Raidiam provide directory infrastructure solutions to Brazil’s proposed open banking system.

27 January 2021

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