Market: International

Chilean bank investor gets interim protection amid restructuring

A Chilean financial holding company controlled by billionaire Alvaro Saieh has secured court protection in Delaware to fend off any potential collection attempts by foreign creditors, as it works to restructure more than US$1.8 billion in debt.

06 July 2021

Etsy buys e-commerce clothing business in Brazil

US e-commerce company Etsy has relied on four Fenwick & West LLP offices and Bronstein Zilberberg Chueiri & Potenza Advogados in São Paulo to acquire Brazilian online marketplace Elo7 for US$217 million.

05 July 2021

JP Morgan snaps up stake in Brazilian digital bank

Brazilian firms Pinheiro Neto Advogados and Spinelli Advogados have helped JP Morgan Chase invest in local digital banking group C6, marking its entry into the country’s retail banking sector.

02 July 2021

Ferrere helps Eastern Airlines get Montevideo-Miami route off the ground

Ferrere (Uruguay) has helped US aviation group Eastern Airlines obtain permission to launch a direct flight between the Uruguayan capital of Montevideo and Miami in the US state of Florida.

02 July 2021

Linklaters launches Mexico group

UK magic circle firm Linklaters has expanded its Latin America offering by launching a practice group dedicated to Mexico.

01 July 2021

Raízen acquires Shell’s lubricant business in Brazil

Brazilian ethanol producer Raízen has relied on White & Case LLP in London and Cascione Pulino Boulos Advogados in São Paulo to purchase Shell’s entire lubricant business in the country, including a blending plant and a terminal in the state of Rio de Janeiro.

01 July 2021

Brazil’s EcoRodovias changes ownership after follow-on offering

Mayer Brown LLP in New York and Tauil & Chequer Advogados in association with Mayer Brown in São Paulo have helped Brazilian transport company EcoRodovias complete a 1.7 billion reais (US$343 million) follow-on offering.

01 July 2021

PetroRio raises US$600 million in global debt issuance debut

Brazilian oil and gas company PetroRio has hired Linklaters in New York, Luxembourg and Singapore and Cescon, Barrieu, Flesch & Barreto Advogados in São Paulo and Rio de Janeiro to issue its first-ever international notes, worth US$600 million.

01 July 2021

Argentine province of Chaco restructures debt

The New York and Buenos Aires offices of DLA Piper LLP have helped the Argentine province of Chaco restructure US$250 million worth of foreign debt.

30 June 2021

Brazil’s JBS issues sustainability-linked bonds

White & Case LLP in São Paulo, New York and Miami and Brazilian law firm Lefosse Advogados have helped beef packer JBS raise US$1 billion in a sustainability-linked bond issuance.

30 June 2021

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