Panamanian law firm Arias, Fábrega & Fábrega has bolstered its litigation, arbitration and aviation offerings by bumping up two junior partners to the equity partnership.
Skadden, Arps, Slate, Meagher & Flom LLP in New York and Arias, Fábrega & Fábrega in Panama City have helped a syndicate of US and Latin American banks arrange a US$130 million loan for Panamanian bank Aliado.
Ahead of the publication of the 2020 edition of LACCA Approved, we take a look at the results to find out who Latin America’s leading law firm partners are, as voted for by in-house counsel.
Arnold & Porter in Washington, DC and Icaza, González-Ruiz & Alemán in Panama City have helped Panama issue US$2 billion in sovereign bonds, with one 40-year tranche achieving an interest rate below 4% for the first time.
Shearman & Sterling LLP in New York and Menlo Park; Garrigues (Peru) and Arias, Aleman & Mora in Panama City have helped Peruvian group Intercorp Financial Services (IFS) raise US$414 million in a New York IPO and an additional US$54 million through an equity offering in Lima.
Peru was the busiest country for M&A transactions in Spanish-speaking Latin America during January and February, with more deals taking place there than in Mexico and Argentina combined, according to Latin Lawyer’s research.
US private equity firm Blackstone has hired Simpson Thacher & Bartlett LLP in New York, Los Angeles and Washington, DC; Arias, Fábrega & Fábrega in Panama City; CMS Carey & Allende in Santiago; Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City and Gómez-Pinzón in Bogotá to buy a stake in US investment fund FRS Capital and gain indirect control of a leading Latin American container terminal operator.
Some 150 Latin American and international law firms have helped companies in the region raise more than US$200 billion through nearly 800 debt and equity capital markets deals throughout 2018, according to Latin Lawyer data.
Katten Muchin Rosenman LLP in Washington, DC, New York and Charlotte and Morgan & Morgan in Panama City have helped local bank La Hipotecaria raise US$100 million in two debt issuances.
Icaza, Gonzalez Ruiz & Aleman in Panama City has helped Ecuadorian conglomerate Corporación Favorita acquire a 73% controlling interest in Panamanian supermarket chain Grupo Rey in what is understood to be the country’s first successful public tender offer in a decade.