Market: International

Brazilian insurtech reaches regulatory milestone after investment

Pinheiro Neto Advogados in São Paulo and Gunderson Dettmer in New York have helped Brazilian insurance tech group Pier Seguradora raise 108 million reais (US$20 million) in a funding round led by local finance group Raiz Investimentos.

22 September 2021

Several firms help Avianca land DIP-to-exit financing

Milbank in New York, Gómez-Pinzón in Bogotá and Morgan & Morgan in Panama City have helped Colombian airline Avianca obtain a US$1.05 billion facility that will help it exit its existing debtor-in-possession (DIP) financing.

22 September 2021

Mexico declares win in dispute with satellite operator

Mexico says it has defeated an investment treaty claim for more than US$120 million brought by France's Eutelsat over the reservation of satellite capacity for use by the state.

22 September 2021

Colombia’s Odinsa and Australian fund set up investment platform

Colombian infrastructure group Odinsa has enlisted Posse Herrera Ruiz in Bogotá to team up with Australian asset manager Macquarie to create a toll road-focused investment platform in the Andean country.

21 September 2021

Chile’s Entel offers first global sustainable debt

Chilean telecoms company Entel has relied on US firm Simpson Thacher & Bartlett LLP to make its first sustainable bond issuance in the international market, raising US$800 million.

21 September 2021

Suzano makes another sustainability-linked bond issuance

Three Cleary Gottlieb Steen & Hamilton LLP offices have helped Brazilian pulp and paper giant Suzano raise US$500 million in a sustainability-linked bond issuance.

21 September 2021

IDB Invest backs dual financing for Uruguayan power project

White & Case LLP in Miami and New York and Hughes & Hughes in Montevideo have helped a subsidiary of US company Invenergy obtain a US$67 million financing package from IDB Invest to develop transmission lines and a substation in Uruguay.

21 September 2021

Lefosse and Machado Meyer in fibre network acquisition

Fibre optics wholesale company FiBrasil has turned to Lefosse Advogados to purchase counterpart Fiberty1.

21 September 2021

Live Nation revives acquisition of OCESA in Mexico

US company Live Nation Entertainment has hired Mexico’s Creel, García-Cuéllar, Aiza y Enríquez, SC to resume its purchase of a controlling stake in OCESA Entretenimiento, a leading concert promoter in Latin America, from media groups Televisa and CIE, for 8.8 billion Mexican pesos (US$444 million).

20 September 2021

Buenos Aires province restructures US$7.2 billion debt

The province of Buenos Aires has hired three offices of Cleary Gottlieb Steen & Hamilton LLP and DLA Piper (Argentina) to restructure US$7.2 billion worth of debt, which it defaulted on more than a year ago.

17 September 2021

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