Market: International

FTI expands LatAm offering with Marval compliance head

Gustavo Morales – the head of compliance at Argentine Elite firm Marval O'Farrell Mairal – has left to join FTI Consulting as managing director in its risk and investigations division.

18 September 2023

Chile’s Codelco makes US$2 billion issuance

Cleary Gottlieb Steen & Hamilton LLP in New York and Carey in Santiago have helped Chilean copper company Codelco raise US$2 billion in a debt issuance.

18 September 2023

Sunken treasure saga leads to mega-claim against Colombia

A US company is pursuing a US$10 billion investment treaty claim against Colombia over treasure in the wreck of a Spanish galleon that sank off the coast of Cartagena more than 300 years ago.

18 September 2023

US$665 million travel tech loan calls on Uruguayan firms

International firms Davis Polk & Wardwell LLP and Norton Rose Fulbright and Guyer & Regules in Montevideo have helped US travel technology company Sabre obtain a US$665 million credit line to fund its global operations, including its Uruguayan subsidiary.

18 September 2023

Veirano features in multibillion-dollar German-Spanish utilities buy

Veirano Advogados has helped German utilities group Steag in its US$2.8 billion sale to Spanish infrastructure investment fund Asterion, including the target’s Brazilian subsidiary.

18 September 2023

Mubadala flexes Brazilian investment muscle with Bluefit buy

Stocche Forbes Advogados has helped Mubadala Capital acquire a majority stake in Brazilian gym chain Bluefit for 464 million reais (US$94 million), continuing the Emirati sovereign wealth fund’s streak of investments in the South American country.

15 September 2023

Private equity group sued for ‘rigged’ sale of LATAM’s aircraft

A global investment manager is being sued for the second time in three years for allegedly implementing a “sham foreclosure sale” of a bankrupt airline's aircraft.

15 September 2023

Multiple firms steer Capex exchange offer in Argentina

Linklaters in New York and São Paulo and Salaverri, Burgio & Wetzler Malbrán in Buenos Aires have helped Argentine energy company Capex complete an exchange offer, raising US$189 million in new notes.

15 September 2023

Glencore wins damages over Bolivian mining assets

Bolivia says it has been ordered to pay nearly US$254 million to Swiss commodities trader Glencore in an investment treaty claim over the nationalisation of tin and zinc mining assets.

14 September 2023

Cementos Argos merges US operations in multibillion-dollar deal

Sullivan & Cromwell LLP in New York has helped Colombian conglomerate Cementos Argos merge its US business with Colorado-based counterpart Summit for US$3.2 billion.

13 September 2023

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