Market: Brazil

Pinheiro Neto and Mattos Filho steer Raízen-Biosev merger

Brazil’s Pinheiro Neto Advogados has helped ethanol producer Raízen buy counterpart Biosev in a cash and stock merger worth 3.6 billion reais (US$641 million).

12 March 2021

Odebrecht venture settles ethane dispute with Pemex

A subsidiary of Brazilian construction group Odebrecht has reportedly settled an International Chamber of Commerce (ICC) arbitration with Mexico’s state oil company Pemex over an ethane supply contract for a US$5.2 billion petrochemical complex.

12 March 2021

Movida follows parent company with sustainability-linked bonds

Brazilian car rental company Movida has hired Milbank in São Paulo and New York and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo to raise US$500 million in a sustainability-linked bond issuance, which also marks the company’s first international debt tap.

12 March 2021

Seven LatAm firms in Spanish tech company Atento’s debt tap

Multiple law firms – seven from Latin America – have helped Spanish business technology company Atento issue US$500 million worth of notes.

12 March 2021

Four firms steer maritime IPO in Brazil

White & Case LLP in São Paulo and Miami and Brazil’s Lefosse Advogados have helped local maritime company OceanPact raise 1.1 billion reais (US$182 million) in an IPO, which priced at the bottom end of the target range.

11 March 2021

Seven Brazilian firms in Heineken-Coca-Cola distribution settlement

Several Brazilian firms have helped The Coca-Cola Company and Dutch brewer Heineken sign a new contract for beer distribution in Brazil, putting an end to an old distribution contract dispute between both parties.

10 March 2021

Four firms in Brazilian healthcare start-up investment

Wilson Sonsini Goodrich & Rosati in New York and Ulhôa Canto, Rezende e Guerra Advogados in São Paulo have helped Brazilian healthcare start-up Alice raise US$33 million in an investment round.

09 March 2021

Claro & Cía helps AES sell stake in coal-fired power plant

Chilean law firm Claro & Cía has helped power generation company AES Gener sell a majority stake in a coal-fired power plant to industrial technology provider WEG Group.

09 March 2021

Mercado Livre launches fund under new banking regulation

Machado Meyer Advogados has helped the payment services platform of Brazilian e-commerce group Mercado Livre set up a receivables investment fund (FIDC) and make the fund's first issuance worth 1.1 billion reais (US$186 million), amid the implementation of new local financial regulation.

05 March 2021

Four firms in Marfrig’s US$3.25 billion debt transactions

Brazilian food processing company Marfrig has hired Linklaters in New York and Lefosse Advogados in São Paulo to issue debt and launch a tender offer, with both transactions combined worth US$3.25 billion.

05 March 2021

Get unlimited access to all Latin Lawyer content