The merger of Itaú and Unibanco created Brazil’s largest bank by equity, assets and loan portfolio, and the eleventh largest in the world by market cap.
Category: 2010
Structured Finance: Pre-Exports Stoke Loans
The syndicated loan market is reawakening with the help of one of its most tried and tested structures, the pre-export facility.
BEST PROJECT FINANCE DEAL
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.
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.
