Topic: Convertible bonds

FEMSA nearly halves Heineken stake with US$3.4 billion offering

Two Cleary Gottlieb Steen & Hamilton LLP offices, Dutch firm NautaDutilh and Ritch Mueller y Nicolau, SC in Mexico City have helped Mexican beverages company FEMSA cut its stake in global beer giant Heineken by nearly half, divesting €3.2 billion (US$3.4 billion) worth of shares in the Dutch beer group.

02 March 2023

Which firms are leading in the financial sector?

Featured in Who Represents Latin America's Biggest Banks?

As part of LACCA’s newest research into Who Represents Latin America’s Biggest Banks, we take a look at the most popular firms for the region’s leading financial organisations as well as what’s been driving legal work in the sector.

19 April 2022

Brazil's Vibra spends US$641 million on energy company

Brazilian fuel distributor Vibra has enlisted Stocche Forbes and Pinheiro Neto Advogados to purchase a controlling stake in local energy company Comerc for 3.25 billion reais (US$641 million).

30 March 2022

US funds buy Brazilian edtech convertible bonds

Brazilian education technology company Arco has hired Davis Polk & Wardwell LLP in São Paulo and New York to issue US$150 million worth of convertible notes.

13 December 2021

Rodrigo Elías and Rebaza Alcázar in Aenza’s convertible bonds

Peruvian infrastructure company Aenza has enlisted Rodrigo, Elías & Medrano Abogados to issue convertible bonds worth US$90 million, becoming the country's first publicly-listed company to use the financial instrument.

03 September 2021

Pérez Correa González helps in Mexican earthquake app funding

Mexican investment fund GC Capital has enlisted local firm Pérez Correa González to renegotiate its investment in SkyAlert, an app designed to alert and warn its users about earthquakes.

26 August 2021

Lobo de Rizzo and Cescon Barrieu steer convertible debenture offer

Brazil’s Rio Alto Energias Renováveis has enlisted Lobo de Rizzo Advogados to issue debentures worth 550 million reais (US$105 million), including a tranche that can be converted into shares.

02 August 2021

Panama’s Banco General makes US$400 million bond offering

Panama’s Banco General has hired Clifford Chance LLP in New York and Arias Fábrega & Fábrega in Panama City to raise US$400 million in its first-ever additional tier 1 (AT1) issuance, the value of which can be converted into equity.

25 May 2021

Deal of the Year Winner: Capital Markets

Featured in 15th Annual Awards

When emergency financing promised by state-led development bank BNDES missed the mark, Brazilian airline Azul had to think fast to source alternative funding. The result was a US$325 million convertible debt deal, a sophisticated form of capital markets transaction not commonly seen in Latin America. It is our capital markets Deal of the Year.

24 May 2021