Market: Latin America & Caribbean

Movida issues sustainability-linked bonds in Brazil

Brazilian rental car company Movida has turned to Milbank in São Paulo and New York and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo to raise US$300 million in a sustainability-linked bond issuance.

07 October 2021

Chilean building material company acquires US counterpart

Chilean pre-fabricated building manufacturer Tecno Fast has hired Claro & Cía in Santiago to acquire 100% of its US counterpart Triumph Modular for US$68.5 million.

07 October 2021

Kraft Heinz buys food company in Brazil

Brazilian firms Madrona Advogados and BMA - Barbosa, Müssnich, Aragão have helped the local branch of US food company Kraft Heinz purchase Companhia Hemmer Indústria e Comércio, a Brazilian company focused on condiments and sauces.

07 October 2021

Colombian medical company combines with US SPAC

Greenberg Traurig LLP in Miami and Fort Lauderdale, Arendt & Medernach in Luxembourg and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) have helped international pharmaceutical company Procaps combine with a US special purpose acquisition company (SPAC), in a US$160 million deal that makes the Latin American business a publicly-listed entity.

06 October 2021

Coca-Cola FEMSA in first sustainability-linked tap in Mexico

Galicia Abogados has acted as deal counsel to help bottling company Coca-Cola FEMSA make the first ever sustainability-linked bond issuance on the Mexican capital market, worth some 9.4 billion Mexican pesos (US$470 million).

06 October 2021

Two Brazilian airport concessionaires make issuances

Brazilian airport concessionaires Bloco Sul and Bloco Central have hired Machado Meyer Advogados to make issuances of notes worth a total of 2.4 billion reais (US$455 million).

06 October 2021

Rede D’Or acquisitions call on several firms

Pinheiro Neto Advogados has helped Brazilian private hospital group Rede D’Or São Luiz make a series of acquisitions worth a total of US$161 million.

06 October 2021

Guyer & Regules steers Fonplata’s US$150 million loan

Uruguay’s Guyer & Regules has helped development bank Corporacion Andina de Fomentos (CAF) grant a loan to regional counterpart Fondo Financiero para el Desarrollo de la Cuenta del Plata (Fonplata) worth US$150 million.

06 October 2021

Creditas and Nubank join forces in Brazil

Simpson Thacher & Bartlett LLP in Palo Alto and Pinheiro Neto Advogados in São Paulo have helped Brazil’s Nubank, the world’s largest digital bank, and Creditas, the country’s largest fintech for secured loans, enter into a partnership.

06 October 2021

Dentons launches tie-up with Guevara & Gutiérrez in Bolivia

Global law firm Dentons has launched its previously announced combination with Bolivian Highly Recommended firm Guevara & Gutiérrez - Servicios Legales, becoming the first global law firm with a presence in the South American country.

05 October 2021

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