Market: International

Colombia defeats ICSID arbitration over bank measures

Colombia has defeated a US$40 million International Centre for Settlement of Investment Disputes (ICSID) claim brought by an investor in a bank that was nationalised during the country’s financial crisis in the 1990s.

22 April 2021

Mexican tortilla maker wraps up US$200 million loan

Galicia Abogados in Mexico City has helped Bank of Nova Scotia and the local branch of Bank of America lend US$200 million to Mexico’s Gruma, the largest corn flour and tortilla maker in the world.

22 April 2021

Greenberg Traurig nabs LatAm-focused disputes partner from Holland & Knight

Greenberg Traurig LLP has strengthened its trial and litigation offering in Miami by hiring a Latin America-focused partner from US law firm Holland & Knight LLP.

21 April 2021

Familiar firms return for Fibra UNO debt issuance

Holland & Knight in New York and Mexico City has helped Fibra UNO, Mexico’s largest real estate investment trust, issue US$300 million worth of notes.

21 April 2021

Brazilian hospital operator issues equity and buys assets

Several international and Brazilian firms have helped Brazilian clinical diagnostics company Diagnósticos da América (DASA) raise 3.3 billion reais (US$593 million) in equity and buy assets in north-eastern Brazil from Hospital São Domingos.

20 April 2021

Familiar firms in 3R follow-on

Brazil’s Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados have helped oil company 3R Petroleum make a follow-on offering worth 823 million reais (US$148 million), nearly four months after it launched Brazil’s first IPO in the oil and gas sector in nearly a decade.

20 April 2021

Chilean car importer seeks support for pre-pack restructuring

Chilean car importer Automotores Gildemeister has commenced solicitation for a pre-packaged Chapter 11 process to reduce its debt by over US$200 million, after restructuring its senior notes in 2019 and 2016.

20 April 2021

Univision and Televisa form largest Spanish-language media group

A slew of international and Mexican law firms has helped US broadcasting network Univision and Mexico’s Televisa in a US$4.8 billion merger to create the world’s largest Spanish-language media company, backed by Google, Japan’s SoftBank and US investor The Raine Group.

19 April 2021

Colombian power company brings arbitration claim against Chile

A Colombian state-owned power company has filed an International Centre for Settlement of Investment Disputes (ICSID) claim against Chile over the construction of a major electricity transmission line.

19 April 2021

Mexico’s IEnova snaps up wind farm from Actis subsidiary

Mijares, Angoitia, Cortés y Fuentes SC in Mexico City has helped local energy group IEnova increase its stake in a wind farm in northern Mexico for US$83 million.

19 April 2021

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