Work Area: Finance

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

Nader Hayaux in Grupo Elektra’s international capital markets debut

US firm Winston & Strawn, NautaDutilh in Luxembourg and Mexican firm Nader, Hayaux & Goebel have helped a subsidiary of local financial and retail corporation Grupo Elektra issue senior notes worth US$500 million.

26 January 2021

Peruvian miner secures credit to pay off tax debt

Peruvian miner Compañía de Minas Buenaventura has hired Milbank in New York and García Sayán Abogados in Lima to obtain syndicated letters of guarantee for 2.2 billion soles (US$582 million) to pay off debt owed to the country’s tax authority, SUNAT.

22 January 2021

Three firms in Mexican credit repair acquisition

Garrigues (Mexico) has helped US finance companies Vulcan Capital and Freedom Financial Network purchase a minority stake in Mexican credit repair company Grupo Resuelve tu Deuda from Crédito Real.

22 January 2021

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