News

Baker McKenzie appoints new LatAm head

Global law firm Baker McKenzie LLP has appointed the former managing partner of the firm’s Buenos Aires office, Gustavo Boruchowicz, to replace Jaime Trujillo as head of its Latin American practice.

07 October 2021

Brazilian renewables business Omega merges subsidiaries

Stocche Forbes and BMA - Barbosa, Müssnich, Aragão have helped Omega Geração and Omega Desenvolvimento undergo a corporate reorganisation, merging  the two renewables businesses into Omega Energia, a company that is now worth 10.6 billion reais (US$1.98 billion).

07 October 2021

IDB Invest finance Uruguayan transmission line

Posadas, Posadas & Vecino in Montevideo have helped Uruguay’s República Administradora de Fondos de Inversión obtain a US$88 million financing package from IDB Invest to complete works on a transmission line.

07 October 2021

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

Chilean building material company acquires US counterpart

Chilean pre-fabricated building manufacturer Tecno Fast has hired Claro & Cía in Santiago to acquire 100% of its US counterpart Triumph Modular for US$68.5 million.

07 October 2021

Kraft Heinz buys food company in Brazil

Brazilian firms Madrona Advogados and BMA - Barbosa, Müssnich, Aragão have helped the local branch of US food company Kraft Heinz purchase Companhia Hemmer Indústria e Comércio, a Brazilian company focused on condiments and sauces.

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

Rede D’Or acquisitions call on several firms

Pinheiro Neto Advogados has helped Brazilian private hospital group Rede D’Or São Luiz make a series of acquisitions worth a total of US$161 million.

06 October 2021

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