Chile’s Claro y Cía, established in 1880, is no stranger to complex M&A. In 2010 it acted as legal counsel for LAN Airlines in its merger with Brazil’s TAM that promises to be the largest airline in the region.
Category: Deals of the Year Awards
BEST QUASI-SOVEREIGN BOND
Brazil’s BNDES has become a regular in the DCM after returning in 2008 from a 10-year hiatus.
BEST CORPORATE ISSUER
América Móvil (AMX) is a frequent star of LatAm issuance, beloved by investors despite its razor thin spread and feared by bankers for its rigorous execution standards.
BEST CORPORATE BOND
Southern Copper Corporation (SCC) saw jumbo demand for a $1.5 billion April 2010 issue of new 10 and 30-year bonds, which were tightly priced but still traded up.
BEST SYNDICATED LOAN
At a time when the syndicated loan market was still thawing from a deep, crisis-driven freeze, Americas Mining Corporation (AMC), a wholly-owned subsidiary of Grupo México, provided an encouraging sign.
BEST CORPORATE LIABILITY MANAGEMENT
After suffering derivative losses in the 2008-2009 crisis, Brazil’s Aracruz Celulose was purchased by Votorantim Celulose e Papel.
BEST LOCAL CURRENCY FINANCING
Colombia paved the way for LatAm issuers in April with an $800 million 2021 equivalent global TES bond. It braved the market to issue the first global local currency deal from LatAm since 2007, according to Dealogic.
BEST PRIMARY EQUITY ISSUE
Investors could be forgiven for forgetting that Mexico had an equity market, or at least one with new issuers.
BEST PRIVATE EQUITY DEAL
In June, UK-based private equity giant Apax Partners, through its Dethalas vehicle, closed on its first investment in Brazil.
BEST FOLLOW-ON EQUITY
Love it or hate it, there was no avoiding the giant, black, viscous elephant in the room of LatAm equity last year.
