Market: Brazil

Cemig raises US$244 million with offering

Brazilian power company Cemig has enlisted local firm Cescon, Barrieu, Flesch & Barreto Advogados to raise US$244 million in a bond offering.

20 January 2023

Brazil’s Melcheds launches labour group with Soto Frugis hire

Brazilian firm Melcheds Advogados has hired a senior associate from Soto Frugis Advogados as partner and head of its labour and trade unions practice.

19 January 2023

Safra snaps up US private banking group

Allen & Overy LLP in New York has helped Safra National Bank of New York (SNBNY), a part of J Safra Group, acquire US private banking business Delta North Bankcorp.

19 January 2023

Consortium snaps up more Brazilian oil assets

Tauil & Chequer Advogados in association with Mayer Brown and Demarest Advogados have helped a consortium of oil companies win a US$400 million stake in Agua Marinha, one of Brazil’s key oil fields.

18 January 2023

Vinci-backed airport concessionaire gets financing in Brazil

Mattos Filho has helped a Vinci Airports-backed concessionaire, which operates seven airports in northern Brazil, obtain a 1.35 billion reais (US$261 million) financing package.

18 January 2023

Pro bono: In harmony with ESG

Featured in Pro bono 2022

To build a successful ESG practice it is necessary for firms to have a healthy balance between paid legal services and pro bono. Latin Lawyer speaks to leading pro bono and ESG practitioners about the intersection of the two practices and how growth in one can benefit the other.

17 January 2023

Brazilian and US firms advise as Ocyan begins restructuring

Offshore oil drilling group Ocyan, formerly known as Odebrecht Óleo e Gás (OOG), has opened Brazilian extrajudicial reorganisation proceedings to deal with a US$2.7 billion debt pile through a debt-for-equity swap.

17 January 2023

Bichara e Motta helps Real Betis defender join Aston Villa

Bichara e Motta Advogados – one of Brazil’s leading sports and entertainment boutiques – has helped Spanish footballer Alex Moreno transfer from Seville’s Real Betis to Premier League team Aston Villa.

17 January 2023

IDB Invest funds Albert Einstein hospital in Brazil

São Paulo's Albert Einstein Israelite hospital has hired two offices of Paul Hastings LLP and Brazilian firm Veirano Advogados to obtain a US$100 million financing from IDB Invest.

17 January 2023

Demarest steers national park concession bid

Demarest Advogados has helped an infrastructure investment fund managed by São Paulo-based private equity group Fram Capital win a bid to maintain the Chapada dos Guimarães national park in Brazil’s western state of Mato Grosso.

16 January 2023

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