New York-based Cleary Gottlieb Steen & Hamilton is no stranger to megadeals.
Category: Corporate & Sovereign Strategy
BEST EQUITY HOUSE
Late 2009 and 2010 will be remembered as a period when equity issuance returned to LatAm with mixed results.
BEST LAW FIRM — BRAZIL
The merger of Brazil’s two largest retailers – Casas Bahia and Globex, a unit of Pão de Açúcar – was no easy task.
BEST SOVEREIGN ISSUER
A $1.5 billion dual-currency bond issue in July 2010 of dollar denominated and global-local notes marked the re-emergence of Chile, a historically infrequent issuer, and set a benchmark for its corporates.
BEST LAW FIRM — CHILE
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.
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.
