Market: Brazil

Machado Meyer and Cescon Barrieu in inaugural hospital debt offer

Brazilian healthcare company Hospital Mater Dei has hired Machado Meyer Advogados to issue its first-ever debentures, raising 700 million reais (US$125 million).

24 November 2021

Incentivise private investment to fill infrastructure gap, say panellists

Accelerating infrastructure projects is key for Latin American governments to reactivate their economies following the covid-19 pandemic, but they need to find ways to get private sector companies involved to fund them, heard delegates at Latin Lawyer Connect: Project Finance 2021.

23 November 2021

Brazilian tech company Semantix combines with US SPAC

Brazilian data software platform Semantix has hired three offices of US firm Skadden, Arps, Slate & Meagher & Flom LLP and Pinheiro Neto Advogados in São Paulo to combine with Alpha Capital, a technology-focused special purpose acquisition company (SPAC) in New York.

23 November 2021

Agribusiness issues green bonds in Brazil

Brazilian agribusiness Caramuru Alimentos has enlisted Cascione Pulino Boulos Advogados to issue green bonds worth 355 million reais (US$63 million).

23 November 2021

Vieira Rezende adds partner with IFC hire

Brazilian Highly Recommended firm Vieira Rezende Advogados has bolstered its projects and infrastructure practice by hiring a consultant from the International Finance Corporation (IFC) as partner.

22 November 2021

Bichara and Demarest in US$330 million agribusiness acquisition

Bichara Advogados has helped Terrus, the agribusiness branch of Brazilian poultry company Granja Faria, buy local counterpart IPA from US investment manager Solum Partners for 1.8 billion reais (US$330 million).

22 November 2021

Mattos Filho and KLA see through Brazilian ophthalmology JV

Brazilian investment manager XP and São Paulo-based ophthalmology network Grupo H.Olhos have hired Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and KLA Advogados, respectively, to form a joint venture.

22 November 2021

Brazilian digital solutions business CI&T makes NYSE debut

Cleary Gottlieb Steen & Hamilton LLP in New York and São Paulo and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo have helped Brazilian digital solutions company CI&T raise US$225 million in an initial public offering on the New York stock exchange (NYSE).

19 November 2021

Banco Itaú calls on Ferrere for Paraguayan insurance merger

Ferrere (Paraguay) has helped Brazil’s Banco Itaú merge with Paraguayan insurer Providencia Sociedad Anónima de Seguros, allowing Itaú to begin insurance operations in its neighbouring country.

19 November 2021

Rio street lights turn “green” with help from several firms

Rio de Janeiro’s public lighting concessionaire Smart RJ has hired White & Case LLP in New York and São Paulo and Demarest Advogados in São Paulo to raise 925 million reais (US$170 million) in a social bond issuance, the proceeds of which it will use make the city’s light infrastructure more eco-friendly.

18 November 2021

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