Cleary Gottlieb, Shearman Advise $5.2 Bln Petrobras Offer

Cleary Gottlieb represented the Dominican Republic in two 144A/Reg. S offerings -- the seventeenth time the country has tapped the international debt markets during the last ten years. Here capital Santo Domingo. (Photo: Dominican Government)

Marie Elena Angulo, Jones Day; Mike Fitzgerald, Paul Hastings and Juan Giráldez and Francesca Odell, Cleary Gottlieb. (Latinvex collage)

Wednesday, February 12, 2020

Legal Briefs

U.S. law firms advised on almost $10 billion in Latin American offers.

BY LATINVEX STAFF

Cleary Gottlieb and Shearman & Sterling advised on the $5.2 billion offer of shares in Brazilian state oil company Petrobras sold by development bank BNDES; Cleary Gottlieb represented Dominican Republic on two bonds worth a combined $2.5 billion, Mexican airline Aeromexico’s $400 million offer and the underwriters on the $330 million offer by Brazilian medical education group Afya Limited; Paul Hastings and Cleary advised on the $350 million offer from Mexico-based leasing and commercial lending company Mega; Paul Hastings advised Mexico-based Credivalores – Crediservicios on its $300 million offer; White & Case has advised on $1.2 billion offers from Brazilian state electricity company Eletrobrás; Jones Day represented Telefónica Celular del Paraguay on its $250 million offer and Hogan Lovells advised Ecuador’s recent $400 million offer.