Bingham

Bingham

Select Latin America Matters

Banking and Finance

  • Petrobras — Represented a large international bank in a $300 million financing for Petrobras, the Brazilian state-owned oil company
  • Codelco — Represented a large international bank in $400 million in financings for Codelco, the Chilean state-owned mining company
  • Braskem — Represented a large international bank in a $50 million financing for Braskem, the Brazilian petrochemical company

Financial Restructuring

  • Petrozuata — Represented the holders of $800 million in bonds in connection with a negotiated tender offer and consent solicitation related to the Petrozuata project in the Orinoco Belt region of Venezuela; awarded Latin Lawyer’s  Restructuring Deal of the Year Award
  • Comerci ― Represented the ad hoc group of holders of approximately $500 million of notes issued by Controladora Comercial Mexicana, Mexico’s third-largest retail and restaurant group, including its concurso mercantil proceedings in Mexico; awarded Restructuring Deal of the Year from the International Financial Law Review (IFLR)
  • FertiNitro — Represented an ad hoc committee of bondholders in connection with the negotiated tender offer by Petroquímica De Venezuela, S.A., and related consent solicitation, for $238 million aggregate principal amount of senior secured bonds issued by FertiNitro Finance Inc.

Telecommunications

  • Maxcom — Represented Maxcom Telecomunicaciones in its acquisition of Telereunion as well as its operating subsidiaries in Mexico and the United States
  • Telecom Italia — Represented Telecom Italia in its $1 billion divestiture of telecommunications assets in Latin America
  • Globopar — Represented the $1 billion unsecured bondholder group of Brazilian TV and media conglomerate; out-of-court debt restructuring and exchange offer in Brazil, U.S. and Europe

Corporate Mergers and Acquisitions

  • Honeywell International, Inc. ― Represented Honeywell International, Inc. in the sale of its fastener distribution unit to BE Aerospace Inc. for $1.05 billion
  • Millicom International Cellular S.A. ― Represented Millicom International Cellular S.A. in the acquisition of Amnet Telecommunications Holding Limited, the leading provider of broadband and cable television services in Costa Rica, Honduras and El Salvador
  • The Silversea Group ― Represented The Silversea Group in its acquisition of Canodros SA, the premier Ecuadorian tourism company that operates in the Galapagos Islands, and their upmarket expedition ship, Galapagos Explorer II

Energy and Project Finance

  • EDEN/EDES — Represented a syndicate of secured lenders, including General Electric Capital Corporation and Marathon Master Fund, in connection with the refinancing of the working capital debt of two power facilities in Argentina — Empresa Distribuidora de Energía Norte, S.A., and Empresa Distribuidora de Energía Sur, S.A.
  • OPIC ― Represented OPIC in connection with the refinancing and closure of the South American Private Equity Growth Fund

    Litigation

  • Grupo Televisa ― Represented Grupo Televisa, the largest media conglomerate in Latin America, in litigation against Univision involving claims of copyright violations, licensing breach, failure to pay royalties and declaratory relief regarding an Internet dispute

    Antitrust and Trade Regulation

  • Cognos Incorporated ― Represented Cognos Incorporated in connection with IBM’s $5 billion acquisition of the company, and coordinated antitrust/competition filings in the United States, Europe, Canada, Brazil, South Africa and China

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