Market: International

Demarest helps set up Brazilian orbital launch centre

Demarest Advogados has helped US aerospace company Virgin Orbit partner with a slew of science technology companies to install Brazil’s first orbital launch operations at the country’s Alcântara Launch Center.

12 May 2021

Colombian 4G project issues first social bonds

Paul Hastings LLP in New York, Washington, DC and London and Posse Herrera Ruiz in Bogotá have helped a Sacyr-owned Colombian concessionaire raise 760 million pesos (US$204 million) in a social bond issuance, the first-ever for a Latin American infrastructure project.

12 May 2021

Ex-Jones Day lawyer launches French desk at Brazilian firm

A lawyer that formerly helped set up the Brazil desk of US law firm Jones Day has joined Brazilian outfit Briganti Advogados as partner and to lead its Paris office.

11 May 2021

Multiple firms in cross-border Andean Tower financing

Cleary Gottlieb Steen & Hamilton LLP in New York and São Paulo and Garrigues in Chile, Colombia and Peru have helped digital infrastructure provider Andean Telecom Partners (ATP) obtain a US$420 million financing through a capital market issuance and a loan.

11 May 2021

AES Dominicana makes US$300 million issuance

Uría Menéndez in Madrid and New York and Dominican firm Squire Patton Boggs Peña Prieto Gamundi have helped power company AES Dominicana issue US$300 million worth of notes and launch a tender offer.

11 May 2021

Four firms steer Caixa Seguridade IPO

Hogan Lovells LLP in New York and São Paulo and Brazil’s Machado Meyer Advogados have helped local insurance company Caixa Seguridade raise 4.35 billion reais (US$814 million) in an initial public offering on the B3 stock exchange.

10 May 2021

Creel García-Cuéllar and Galicia in US$1.4 billion global plastics deal

US materials company Trinseo has hired several Kirkland & Ellis LLP offices and Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City to acquire the plexiglass division of French chemicals company Arkema for nearly US$1.4 billion, giving it manufacturing plants in Mexico.

10 May 2021

Peru's presidential frontrunner proposes ditching ICSID

Peruvian presidential frontrunner Pedro Castillo has pledged to withdraw the country from the International Centre for Settlement of Investment Disputes (ICSID) and other Investor-State Dispute Settlement (ISDS) mechanisms and create a new regional arbitration centre for South American nations if he wins a runoff vote in June.

10 May 2021

Brazil's Banco Modal launches IPO

Milbank in New York and São Paulo and Brazilian law firm Pinheiro Neto Advogados have helped Banco Modal raise 1.2 billion reais (US$220 million) in an initial public offering on the B3 stock exchange.

07 May 2021

Second time lucky for WhatsApp payments in Brazil

WhatsApp’s payments platform in Brazil has won regulatory approval to operate, nearly a year after the Central Bank shut down its operations within days of launch.

07 May 2021

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