Ferrere has assisted in the structuring of the financing granted by Shell Western Supply and Trading Limited (Shell) to Julnek (Uruguayan company of Grupo Cobra) for up to USD $1,200,000,000. The financing will be fully participated by Banco Santander. Thanks to this financing, Grupo Cobra will be able to use the funds to acquire eleven […]
Tags : Uruguay
Chilean law firm NLD Abogados, through its M&A team, has counselled the shareholders of omnichannel operator Komax on the sale of all of the company’s shares to Grupo Axo. The closing of the transaction is subject to the approval of various regulators on the continent. The firm represented Komax in the jurisdictions where it has […]
Ferrere, through its team in Uruguay, has advised Bunge and UPL, on a regional basis, on the joint acquisition of a minority stake in the Brazilian company Seedcorp|HO, which offers solutions for the agricultural sector. The acquisition is pending approval by the competent authorities in Brazil and Uruguay. As a result of this transaction, each […]
Cleary Gottlieb has represented the Republic of Uruguay in a $1,499,975,998 USD sustainability-linked bond offering due 2034, the first sustainability-linked bond issue by Uruguay and the second by a state. The offering was priced on 20 October 2022 and is expected to close on 28 October 2022. As a result of this issuance, Uruguay becomes […]
Ferrere has advised Emergent Cold LatAm on its second acquisition of 2022, which includes a cold storage facility in Uruguay, and another in Paraguay. Together, the two facilities are around four times larger than the facilities acquired by Emergent Cold from Polo Logistico de Frio (PLF) earlier this year. Closing of the deal remains subject […]
Latham & Watkins has assisted Global Infrastructure Management, a subsidiary of Global Infrastructure Partners (GIP), in the acquisition of Atlas Renewable Energy from Actis, a global sustainable infrastructure investor. This transaction is primarily aimed at expanding the company’s presence in Latin America, as Atlas is one of the largest independent renewable energy developers in the […]
Uruguayan IP law firm Cikato Abogados has announced the appointment of Matías Cikato (pictured left) and Diego Chijane (pictured right) as general manager and director of Trademarks and Patents, respectively, to strengthen the firm’s Patent Department. This new Patent Department incorporates the experience and expertise acquired by Diego and Matías, authors of several works on […]
Ferrere, through its Uruguay team, has assisted a consortium of banks, including Sumitomo Mitsui Banking Corporation and Bank of America, in providing a credit facility of approximately US$220 million to Alicorp. The proceeds of the loan, which was closed at the end of August, will be used to refinance a debt facility, as well as […]
Law firms Ferrere and Marval O’Farrel Mairal have advised Riverwood Capital in Uruguay and Argentina, respectively, on a $35 million equity round for Argentinean digital payments company Geopagos. The deal, which closed in early August, was the first round of venture capital funding for Geopagos, the proceeds of which will be used to grow its […]
Ferrere has assisted the United Nations Industrial Development Organisation (UNIDO Cono Sur) in structuring the financial trust fund Fondo de Innovación en Energías Renovables (REIF), aimed at providing financing for projects related to the second energy transition (2ET) in Uruguay. REIF is intended to trigger large-scale financing of new and emerging renewable energy technologies, ventures […]
