Topic: Sustainable investment

Tauil & Chequer in TIM’s sustainability-linked debt offer

Telecoms giant TIM Brasil has relied on Tauil & Chequer Advogados in association with Mayer Brown to raise 1.6 billion reais (US$315 million) in an issuance of sustainability-linked debentures.

21 June 2021

Galicia and Ritch Mueller in Mexico’s largest-ever private loan

Mexican department store chain Coppel has relied on Galicia Abogados to obtain a loan worth 40 billion Mexican pesos (US$2 billion), the largest-ever private financing for a Mexican company.

17 June 2021

Don’t overlook the G in ESG, warn panellists

In light of the widescale social impact of the pandemic, Latin American companies are increasingly looking at how to incorporate environment, social and governance (ESG) goals in their organisations, but businesses must ensure not to ignore the governance aspect of their ESG targets, or they may face additional compliance and corruption risks, say panellists at Latin Lawyer and GIR Connect: Anti-Corruption & Investigations Mexico.

14 June 2021

Mexico’s Orbia issues sustainability-linked bonds

Mexican conglomerate Orbia has hired Cleary Gottlieb Steen & Hamilton LLP in New York and Ritch Mueller in Mexico City to raise US$1.1 billion in two sustainability-linked bond issuances, as well as launching a tender offer to repurchase debt.

11 June 2021

Chávez Vargas steers Mexico’s third gender bond issuance

Mexican state-owned financial credit institution Fonacot has hired local law firm Chávez Vargas Minutti SC to raise 1.5 billion Mexican pesos (US$75 million) in a gender bond issuance.

09 June 2021

White & Case in Mexican agribusiness fund’s second social bonds

White & Case SC has helped Mexican trust Fondo Especial para Financiamientos Agropecuarios (FEFA) raise 10 billion Mexican pesos (US$504 million) in a debt issuance, including a tranche of social bonds with gender equality objectives.

04 June 2021

Deal of the Year Winner: ESG-finance

Featured in 15th Annual Awards

When Brazilian pulp and paper giant Suzano became the first company in Latin America to make a sustainability-linked bond issuance, it laid the groundwork for the financial instrument’s broader use in the region. It wins the inaugural ESG-finance category of our Deal of the Year Awards.

21 May 2021

Familiar firms in Chilean US$2 billion sovereign bond offering

The Republic of Chile has hired Linklaters in New York and Morales & Besa in Santiago in its latest sovereign bond issuance, worth US$2 billion.

18 May 2021

Natura makes US$1 billion sustainability-linked debt tap

Brazilian cosmetics giant Natura has hired Davis Polk & Wardwell LLP in São Paulo and New York and Trench Rossi Watanabe in São Paulo to raise US$1 billion in a sustainability-linked bond offering, the largest-ever by a Latin American business.

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

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