In In
Hughes Hubbard advised a group of banks on a $2 billion credit facility for Brazilian mining giant Vale and its subsidiaries. (Photo: Vale)
Emilio Saiz, Hughes Hubbard; Alejandro González Lazzeri, Skadden and team included Partner and Juan Francisco Méndez, Simpson Thacher. (Latinvex collage)
Thursday, January 8, 2026

Hughes Hubbard Advises $2 Bln Vale Credit

Clifford Chance, Davis Polk, Simpson Thacher, Skadden advise LatAm finance work.

BY LATINVEX STAFF

Hughes Hubbard advised a group of banks led by Crédit Agricole Corporate and Investment Bank on a pair of credit facilities for Brazilian mining giant Vale and its subsidiaries totaling $2 billion; Davis Polk is serving as lead counsel to Brazilian airline Azul and its subsidiaries in connection with the company’s comprehensive restructuring under chapter 11 of the US Bankruptcy Code; Clifford Chance and Skadden advised the new financing of up to $500 million for Mexican financial technology company Plata: Davis Polk and Simpson Thacher advised the $550 million sustainability-linked credit agreement for Mexican real estate investment trust FIBRA Macquarie México and Simpson Thacher advised a $350 million credit to Aeropuerto de Cancún and ASUR US Commercial Airports.

Full story

Keywords: Brazil, Clifford Chance, Davis Polk, Hughes Hubbard, Mexico, Simpson Thacher, Skadden

More Legal Briefs