Securing $1.34 billion in 10-year money through a quasi-syndication in a year when even high quality five-year projects in Chile struggle is a major feat.
Category: 2010
M&A: Vivendi Bags GVT
France’s Vivendi has acquired a 57% stake in Brazil’s GVT through a combination of private negotiations with the telecom’s controlling shareholders and open market purchases, valuing the target at 7.17 billion reais.
BEST STRUCTURED FINANCING
When regulators stepped in to set guidelines for quasi-equity structures sold in Mexico’s domestic bond market, a new asset class was born.
BEST INVESTMENT BANK
Recuperating markets played to the strengths of JPMorgan, globally one of the few banks to emerge stronger from crisis. The shift to high yield presents a challenge.
BEST TRADE FINANCE DEAL
In a tough year for trade finance, leading borrower América Móvil proved that diversification to the east is not just for rogue governments strapped for cash.
BEST M&A HOUSE
When the global economy plummeted, investment banks withered and company valuations dropped, Credit Suisse braved the storm, proving its ability to get deals done in the worst of conditions.
Brazil Investors Switch to Corporates
As the juice is sucked out of government credit, Brazilian fixed income investors are pushing into the private sector. Secondary liquidity, meanwhile, remains elusive.
BEST LOAN HOUSE
Santander has demonstrated in the past 14 months that it has what it takes to weather a downturn and remain an active lender.
Mexican Infrastructure Looks to the Future
Mexico has taken a severe pummeling this year, but it aims to keep its infrastructure agenda on track. Banobras is planning a retreat as markets reopen.
BEST CORPORATE BOND
In April, Telemar struck with the first benchmark-sized bond from a non quasi-sovereign LatAm corporate.
