Cleary Gottlieb represented long-standing client Petrobras in private offers to purchase for cash six series of notes issued by its finance subsidiary.
Guerrero Olivos acted for Chilean food company Carozzi on the registration and placement of local bonds for $157.5 million.
BBVA Banco Continental instructed Philippi Prietocarrizosa Ferrero DU & Uría on a PEN396 million ($123.750 million approximately) to Concesionaria Desaladora del Sur.
Davis Polk advised Notre Dame Intermédica on an offering of 146,484,361 common shares for an aggregate amount of R$2.4 billion (approximately $691 million).
Corruption scandals in the Pacific Alliance could deter investors, it is argued, but there is still optimism regarding the region’s economic prospects despite uncertainty surrounding NAFTA
Energy and telecommunications sector reforms mean international investors are continuing to target Mexico despite the country’s political instability, says Manuel Romano, partner in charge of Jones Day’s Mexico City office.
Special focus: Latin America
Formation of common market would strengthen Pacific Alliance economies –
Peru and Colombia require improvements to infrastructure, and this is generating opportunities for Spanish companies as well as their legal advisers
Special focus: Latin America
Chilean, Mexican and Colombian technology and pharmaceutical industries attracting investors
Chile, Mexico and Colombia are attracting substantial foreign investment, particularly in the technology and pharmaceutical sectors, says João Caiado Guerreiro, managing partner at Portuguese law firm Caiado Guerreiro.
Cleary Gottlieb advised the Republic of Uruguay in a new money offering of $1.75 billion 4.975% Notes due 2055.
