Latin America Top 10 Deals of the Year 2020
Andrade Gutierrez International S.A. Debt Refinancing
Size: USD435mn
Date: 19/12/2019
Type: Debt refinancing + new money private placement
Joint-Lead Managers (JLMs) / Placement Agents (PAs): HSBC / Bradesco BBI / BB Securities
Legal Adviser to the Issuer: Milbank / Pinheiro Guimarães
Legal Adviser to the JLMs/PAs: Simpson Thacher & Bartlett / Barbosa Mussnich Aragão
Central American Bank for Economic Integration (CABEI) Debut Green Bond
Size: USD375mn
Date: 11/15/2019
Type: USD 375m 5-year Floating Rate Note Green Bond
Green Structuring Advisors & Bookrunners: Credit Agricole CIB / Standard Chartered Bank
Legal Advisors to the Issuer: Shearman & Sterling
Legal Advisors to the Arrangers: Davis Polk & Wardell
Consorcio Transmantaro S.A. Green Bond
Size: USD400mn
Date: 16/04/2019
Type: Senior Unsecured 15-yr (soft-bullet) Green bond to (re)finance green projects in Peru
Joint-Lead Managers (JLMs) / Bookrunners: Bank of America Merrill Lynch / J.P. Morgan
Legal Adviser to the Issuer: Milbank LLP / Estudio Echecopar
Legal Adviser to the JLMs: Clifford Chance US LLP / Estudio Miranda&Amado
Consortium Consorcio Corredor Vial Bioceánico Toll Road Financing
Size: USD732mn
Date: 20/05/2019
Type: Turnkey/“German style” project financing of toll road in Paraguay
Sole Arranger: UBS
Legal Adviser to the Issuer / Obligor: BKM Berkemeyer
Legal Adviser to the JLMs: Clifford Chance / Gross Brown
Empresa Eléctrica Cochrane SpA Dual-Currency Bond Refinancing
Size: USD915mn (equiv)
Date: 05/11/2019
Type: Dual-tranche RegS International & Local Bond
Joint-Lead Managers (JLMs) / Bookrunners: Goldman Sachs / HSBC / SMBC / LarrainVial
Legal Advisors to the Issuer: Shearman & Sterling (US) / Claro & Cía. (Chile)
Legal Advisors to the Arrangers: Davis Polk & Wardell (US) / Honorato Delaveau (Chile) / Larrain y Asociados
Engie Brazil Corporate Facility
Size: USD385.5mn (equiv)
Date: 15/07/2019
Type: Four-tranche local bonds (debentures)
Joint-Lead Managers (JLMs) / Bookrunners: Banco Santander (Brasil) S.A. / Banco Bradesco BBI S.A. / Banco Itaú BBA S.A. / Banco J. Safra S.A. / BB-Banco de Investimento S.A.
Legal Adviser to the Issuer: Tauil & Chequer
Legal Adviser to the JLMs: Cescon, Barrieu, Flesch & Barreto Advogados
Equatorial Transmissão S.A. Project Financing
Size: USD274mn (equiv)
Date: 05/2019; 11/2019
Type: Dual-tranche project financing (Syndicated Infrastructure Bonds and bilateral Loan)
Joint-Lead Managers (JLMs) / Bookrunners: Banco do Brasil S.A. / BTG Pactual S.A.
Legal Adviser to the Issuer / Obligor: Stocche Forbes
Invenergy/ Energia del Pacifico Project Financing
Size: USD1bn
Date: 20/11/2019
Type: Project Financing of 4 projects in Port of Acajutla, El Salvador
Joint-Lead Managers (JLMs) / Bookrunners: OPIC / IFC / IADB / KFW IPEX-Bank GmbH (as agent for Finnish Export Credit Ltd. and Finnvera plc)
Legal Adviser to the Issuer / Obligor / Sponsor: White & Case LLP
Legal Adviser to the JLMs: Norton Rose Fulbright
Inversiones CMPC S.A. Sho-gun Green Loan
Size: USD100mn
Date: 24/09/2019
Type: 5-year bullet-term green loan issued in Japan
Sole Lead Arranger: MUFG Bank
Legal Adviser to the Borrower: Sullivan & Cromwell LLP
Legal Adviser to the JLMs: Davis Polk & Wardwell LLP
Quiport Debut Bond
Size: USD400mn
Date: 14/03/2019
Type: 144a/RegS Debut Bond Issuance secured by SPV incorporated in Spain
Joint-Lead Managers (JLMs) / Bookrunners: Citigroup Global Markets Inc. / Santander Investment Securities Inc.
Legal Adviser to the Issuer / Obligor: White & Case LLP
Legal Adviser to the JLMs: Milbank LLP