Milbank named “2022 Debt Capital Markets Legal Adviser of the Year” by Bonds & Loans Latin America & Caribbean

Milbank LLP is pleased to announce that the firm has been recognized as “Debt Capital Markets Legal Advisor of the Year” by the 2022 Bonds & Loans Latin America & Caribbean Awards. The winners will be honored at the annual Bonds & Loans Latin America & Caribbean conference on November 30 in Miami, Florida.

The Awards recognize innovative and groundbreaking deals since 2015. Transactions are selected for deal size, maturity, structure and distribution, as well as borrower analysis and background and their accessibility to financing. The Awards also recognize deals that demonstrate quality execution, access to new liquidity pools, innovative structuring and access to new markets.

“We are honored to be recognized for the outstanding work of our team in the Latin America region,” said Marcelo Mottesi, chairman of the company’s Global Capital Markets Group and co-head of Milbank’s Latin America Practice Group. “This award is a testament to the important business and successful results that our team continues to deliver.”

Milbank also advised on award-winning transactions in the following categories:

High Yield Corporate Bond Deal of the Year – Comcel: Advised insurers in connection with the $900 million offering by Comunicaciones Celulares, SA, the largest telecommunications operator in Guatemala. The offering was made using a back-to-back structure and the bonds were issued by a Cayman Trust which purchased a 100% stake in a loan provided by JP Morgan. Corporate Restructuring Deal of the Year – Cinépolis: Advised the Ad Hoc Committee of Lenders on the restructuring by Cinépolis, Mexico’s largest cinema operator, of $1.35 billion in syndicated and bilateral loans. Leveraged Finance Deal of the Year – Mubadala Capital: Advised a syndicate of banks in the largest 144A Project Bond offering in Brazil’s history, sponsored by Mubadala Capital, on the acquisition of Petrobras’ Refinaria Landulpho Alves. Acquisition Financing Deal of the Year – Ecopetrol: advised the lenders in connection with the financing of Ecopetrol’s acquisition of a 51.4% stake in Interconexión Eléctrica (ISA) from the Ministry of Finance and Public Credit of Colombia. Project Finance Deal of the Year – Tocumen: Advised first buyers on a $1.855 billion guaranteed bond issue by Aeropuerto Internacional de Tocumen, SA, the Panamanian state operator of the country’s main airport in Panama City, and as dealer managers in the simultaneous offers and permission requests.

Milbank’s Latin American practice seamlessly supports clients with a variety of corporate/M&A transactions, project and structured finance and capital market matters. With a vast knowledge of the business environment, laws and regulations in the region, the Latin American team has handled some of the most prominent and high profile transactions in the region.

More information about the award ceremony can be found here.

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