Deal of the Year 2024: the full shortlist

Capital markets

Peru’s Auna makes US$360 million IPO on NYSE  

Counsel to Auna 

Davis Polk & Wardwell LLP 

Rodrigo, Elías & Medrano Abogados 

Posse Herrera Ruiz 

Ritch Mueller y Nicolau, SC 

Counsel to Morgan Stanley, JPMorgan, BTG Pactual, Santander, Citigroup and HSBC 

Cleary Gottlieb Steen & Hamilton LLP 

Garrigues (Peru) 

***

SABESP completes largest LatAm privatisation deal of 2024 

Counsel to the State of São Paulo and Companhia de Saneamento Básico do Estado de São Paulo (SABESP) 

Clifford Chance LLP 

Lefosse 

Cescon, Barrieu, Flesch & Barreto Advogados 

Counsel to BTG Pactual, Bank of America Merrill Lynch Banco Múltiple, Citigroup Global Markets Brasil, UBS Brasil, Itaú BBA, Banco Bradesco, Goldman Sachs Brasil, JPMorgan, Morgan Stanley, Banco Safra, Banco Santander (Brasil) and XP Investimentos 

White & Case LLP 

Pinheiro Guimarães  

Counsel to Equatorial Energia 

Mattos Filho 

Counsel to the International Finance Corporation 

Lobo de Rizzo Advogados 

Pinheiro Neto Advogados 

***

LATAM makes first bond issuance after restructuring 

Counsel to LATAM Airlines 

In-house counsel – Juan Carlos Menció and Claudia Alejandra Pavez   

Claro & Cía 

Cleary Gottlieb Steen & Hamilton LLP 

Walkers

Machado Meyer Advogados 

Brigard Urrutia 

Pérez Bustamante & Ponce (PBP) 

Rodrigo, Elías & Medrano Abogados 

Counsel to Citigroup Global Markets, Santander US Capital Markets, Deutsche Bank Securities and JPMorgan Securities 

Simpson Thacher & Bartlett LLP 

Demarest Advogados 

Morales & Besa

DLA Piper (Peru)

Counsel to TMF 

Ross PLLC

Cescon, Barrieu, Flesch & Barreto Advogados

Flor Bustamante Pizarro & Hurtado 

Banking & finance

Banco do Brasil gets US$800 million loan to fund farming MSMEs 

Counsel to Banco do Brasil 

Mayer Brown LLP 

Tauil & Chequer Advogados in association with Mayer Brown  

Counsel to JPMorgan, HSBC, CACIB and Standard Chartered 

Norton Rose Fulbright 

Ogier 

Pinheiro Neto Advogados  

*** 

Dominican airport operator secures landmark financing   

Counsel to Aeropuertos Dominicanos Siglo XXI (Aerodom) 

In-house counsel – Patricia Garcia, Juliana Pimentel and Yissel de Leon 

Paul Hastings LLP 

Orrick Herrington & Sutcliffe LLP 

Headrick Rizik Alvarez & Fernández 

Counsel to Counsel to Banco Popular Dominicano, Banco Latinoamericano de Comercio Exterior, Citigroup Global Markets, FirstCaribbean International Bank, JPMorgan Chase Bank, Popular Bank, Scotiabank, Citigroup Global Markets, JPMorgan Securities and Scotia Capital  

Squire Patton Boggs Peña Prieto Gamundi 

Counsel to Banco Popular Dominicano 

Milbank 

Bobadilla Abogados 

*** 

MIP gets financing for US$6 billion Iberdrola acquisition 

Counsel to Mexico Infrastructure Partners (MIP) 

Cleary Gottlieb Steen & Hamilton LLP 

Greenberg Traurig (Mexico) 

Ritch Mueller y Nicolau, SC 

Counsel to Banobras and FONADIN 

White & Case LLP 

White & Case SC 

Counsel to Barclays, BBVA Mexico, Santander Mexico, NAFIN and Bancomext 

Milbank 

Galicia Abogados 

Counsel to Citbanamex  

Mijares, Angoitia, Cortés y Fuentes SC 

Counsel to UMB Bank 

Holland & Knight LLP 

Holland & Knight (Mexico) 

Project finance: infrastructure 

Colombian 5G toll road gets billion-dollar financing 

Counsel to Ortiz Construcciones and KMA Construcciones   

Paul Hastings LLP 

Cuatrecasas (Colombia)  

Counsel to Bancolombia, Corporación Andina de Fomento, Financiera de Desarrollo Nacional, Inter-American Investment Corporation, International Finance Corporation, JPMorgan Securities, MUFG Bank and Sumitomo Mitsui Banking Corporation 

Clifford Chance LLP 

Holland & Knight (Colombia)  

Counsel to Glas USA and Glas Americas  

Clifford Chance LLP  

*** 

Uruguay's Buquebus gets blue loan for world's largest electric ferry  

Counsel to Buquebus 

In-house counsel – Horacio Martire 

Counsel to Banco Santander (Uruguay) and the International Finance Corporation  

Dentons Jiménez de Aréchaga 

Counsel to Banco Santander (Uruguay)  

Dentons  

Counsel to the International Finance Corporation 

In-house counsel – Solange Marie Martin 

Martínez de Hoz & Rueda 

***

Panama gets US$1.4 billion financing for fourth canal bridge

Counsel to the Republic of Panama and the Ministry of Economy and Finance 

Arnold & Porter  

Counsel to Consorcio Panamá Cuarto Puente, China Communications Construction Company and China Harbour Engineering Company 

Norton Rose Fulbright  

SIGMA Law 

Counsel to Panama Infrastructure Receivable Purchaser 

Icaza, González-Ruiz & Alemán 

Counsel to Mizuho and Banistmo 

Latham & Watkins LLP 

Arias, Fábrega & Fábrega 

Counsel to Banistmo 

Milbank 

Morgan & Morgan

Project finance: energy and natural resources 

Multiple firms advise on US$1.5 billion financing for Centinela mine expansion in Chile 

Counsel to Almar Water Servicios, Transelec, Aguas Esperanza 

Latham & Watkins LLP 

Barros & Errázuriz Abogados 

Counsel to BBVA, Banco Santander, Crédit Agricole, Intesa Sanpaolo, KfW IPEX-Bank, Natixis, Allianz, Carlyle, Denham and Hanwha 

Milbank  

Cuatrecasas (Chile) 

Counsel to Sigdo Koppers Group and Bonatti 

Prieto  

Counsel to Minera Centinela 

Sullivan & Cromwell LLP 

Larrain y Asociados 

Jara del Favero 

*** 

Engie obtains US$2.5 billion to build natural gas pipeline in Mexico  

Counsel to Energía Mayakan and Engie 

Covington & Burling LLP 

Baker McKenzie (Mexico)  

Counsel to Counsel to Banco Santander Mexico, BBVA México, Citibank, Crédit Agricole, Natixis, Scotiabank, Societe Generale, Standard Chartered Bank, Mizuho Bank, MUFG Bank, SMBC NY, Intesa Sanpaolo, New York Branch and The Bank of Nova Scotia 

Nader, Hayaux & Goebel 

*** 

Grenergy gets funds for landmark solar battery storage facility in Chile 

Counsel to Grenergy Renovables  

Clifford Chance LLP 

Carey  

Counsel to BNP Paribas, Sumimoto Mitsui Banking Corporation, Natixis, Société Generale, Scotiabank and Scotiabank Chile 

Garrigues (Chile) 

Mergers and acquisitions: private companies 

China Southern Power Grid buys Enel in Peru 

Counsel to China Southern Power Grid International

A&O Shearman  

Miranda & Amado 

Counsel to Enel 

Hogan Lovells 

Rebaza, Alcázar & De Las Casas 

*** 

Brazilian oil companies Enauta and 3R Petroleum merge 

Counsel to 3R Petroleum Óleo e Gás 

In-house counsel – Flávia Giambroni and Amanda Behring 

Mattos Filho 

Spinelli Advogados 

Counsel to Maha Energy Offshore Brasil 

In-house counsel – Barbara Bittencourt, Brenda Araujo and Raquel Thode

Campos Mello Advogados in cooperation with DLA Piper

Machado Meyer Advogados

Counsel to Enauta 

In-house counsel – Fabrício Zaluski

Pinheiro Neto Advogados 

Counsel to Jive Investments 

Demarest Advogados

*** 

JCDecaux consolidates presence in Central America 

Counsel to JCDecaux Top Media 

BLP (Costa Rica)   

BLP (El Salvador)   

BLP (Guatemala)   

BLP (Honduras)   

BLP (Nicaragua)   

Arias, Fábrega & Fábrega  

Posse Herrera Ruiz   

Counsel to IMC  

Consortium Legal (Costa Rica)  

Consortium Legal (El Salvador)  

Consortium Legal (Guatemala)  

Consortium Legal (Honduras)  

Consortium Legal (Nicaragua) 

Anzola Robles & Asociados

Mergers and acquisitions: public companies 

Grupo Argos, Nutresa and Sura closes share swap in Colombia  

Counsel to Grupo Argos 

In-house counsel – Rafael Olivella and Adriana Bravo 

Skadden, Arps, Slate, Meagher & Flom LLP 

Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) 

Londoño & Arango 

Counsel to Nutresa 

Simpson Thacher & Bartlett LLP

Posse Herrera Ruiz

Counsel to Grupo de Inversiones Suramericana 

In-house counsel – Juan Luis Munera Gómez, Marianella Pulido, Leandro Alarcón. 

Sullivan & Cromwell LLP 

Counsel to Jaime Gilinski 

Proskauer Rose LLP 

Martínez Quintero Mendoza González Laguado & De La Rosa 

Counsel to Nugil and JGDB Holding 

Gómez-Pinzón 

Counsel to IHC International Holding Company 

In-house counsel – Daud Bin Fasrooq 

Mendoza

***

El Salvador’s Calleja takes over Grupo Éxito from Casino 

Counsel to Grupo Calleja 

Winston & Strawn LLP  

Consortium Legal (El Salvador) 

Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) 

Counsel to Casino Group

In-house counsel – Guillaume Michaloux and Pascal Rivet

White & Case LLP   

Brigard Urrutia 

Counsel to GPA

In-house counsel – Rafael Russowsky and Paula Bonnano

Counsel to Valores Bancolombia

In-house counsel – Juan Camilo Garcia Castrillón

***

Linzor sells Uruguayan baked goods company to Grupo Bimbo 

Counsel to Grupo Bimbo  

In-house counsel – Luis Miguel Briola, Norma Castañeda Mendez, Francisco Muñoz, Candela de Brito and Juan Carlos Marin 

Ferrere (Uruguay)     

Counsel to Linzor Capital Partners  

Guyer & Regules

Private equity  

Actis finalises Enel buy in Peru after landmark public bid 

Counsel to Actis and Niagara Energy 

Milbank 

Garrigues (Peru) 

Counsel to Enel 

Hogan Lovells 

Rebaza, Alcázar & De Las Casas  

*** 

Vinci and Compass create multibillion-dollar asset manager  

Counsel to Vinci Partners 

In-house counsel – Julya Wellisch 

Simpson Thacher & Bartlett LLP 

Beccar Varela 

Carey 

Creel, García-Cuéllar, Aiza y Enríquez SC 

Guyer & Regules 

Counsel to Compass 

Skadden, Arps, Slate, Meagher & Flom LLP 

Veirano Advogados 

Barros & Errázuriz Abogados 

Rodrigo, Elías & Medrano Abogados 

Posadas 

*** 

Mill Point Capital buys food service assets from FEMSA  

Counsel to Mill Point Capital  

Schulte Roth & Zabel LLP 

Creel, García-Cuéllar, Aiza y Enriquez SC 

Beccar Varela 

Aguilar Castillo Love (Bolivia)  

Mattos Filho 

Philippi Prietocarrizosa Ferrero DU & Uría (Chile) 

Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) 

Posse Herrera Ruiz 

Pérez Bustamante & Ponce (PBP) 

Philippi Prietocarrizosa Ferrero DU & Uría (Peru) 

Ferrere (Uruguay) 

D’Empaire 

Counsel to FEMSA 

Freshfields Bruckhaus Deringer LLP 

TozziniFreire Advogados

Galicia Abogados 

ESG finance

World Bank issues carbon credits for Amazon reforestation projects  

Counsel to the World Bank

Linklaters 

Counsel to Mombak Gestora de Recursos 

Pinheiro Neto Advogados 

Counsel to HSBC

Clifford Chance LLP 

***

El Salvador makes US$1 billion debt-for-nature swap 

Counsel to the Republic of El Salvador 

White & Case LLP 

Consortium Legal (El Salvador) 

Counsel to JPMorgan 

Clifford Chance LLP 

Arias (El Salvador) 

Counsel to RLC

Maples Group

Counsel to US International Development Finance Corporation 

Mayer Brown LLP 

BLP (El Salvador) 

Counsel to CAF 

In-house counsel – Rosalía Román-Urcuyo, José Daniel Jiménez, Mireylle Carrillo, Andrea Trocel, Hernán Vidal Baute and Tonia Orozco   

Norton Rose Fulbright 

Counsel to Catholic Relief Services and Environment Investment Fund of El Salvador 

A&O Shearman 

*** 

Honduras makes inaugural sustainable debt tap 

Counsel to the Republic of Honduras 

Arnold & Porter  

Consortium Legal (Honduras)  

Consortium Legal (El Salvador) 

Counsel to Santander US Capital Markets and Citigroup: 

A&O Shearman 

BLP (Honduras)  

BLP (Costa Rica)

Regulatory  

Spanish consortium wins US$3.4 billion ring road project in Lima 

Counsel to Cintra, Acciona and Sacyr  

In-house counsel for Cintra - Eva Olano and Aitziber Sarasibar 

In-house counsel for Acciona - Diego Muñoz 

In-house counsel for Sacyr - Jorge Cornejo and Carolina Centeno  

Philippi Prietocarrizosa Ferrero DU & Uría (Peru) 

Counsel to Sociedad Concesionaria Anillo Vial 

In-house counsel - Miriam Sara 

Counsel to ProInversión  

Garrigues (Peru)  

*** 

Citi splits Mexican operations into two ahead of Banamex IPO 

Counsel to Citi 

In-house counsel to Banamex - Natalia Aguirre 

Skadden, Arps, Slate, Meagher & Flom LLP 

White & Case SC   

Creel, García-Cuéllar, Aiza y Enríquez SC

***

Court reverses decision to block online betting operators in Rio de Janeiro 

Counsel to Instituto Brasileiro de Jogo Responsável 

Pinheiro Neto Advogados 

Counsel to KTO 

TozziniFreire Advogados 

Counsel to Betano and Kaizen Gaming International 

FCDG Ferro Castro Neves Daltro & Gomide Advogados

Counsel to Bet365 

Bermudes Advogados

Counsel to Betnacional

Wald, Antunes, Vita e Blattner Advogados

Cavalcanti Freire Advogados  

Restructuring 

Inversiones Latin America Power completes Chapter 11 restructuring 

Counsel to Inversiones Latin America Power 

In-house counsel – Francisca Pérez 

Greenberg Traurig LLP

Ogier

Barros Silva Varela & Vigil 

Nelson Contador Abogados & Consultores 

Counsel to ad hoc group of noteholders 

Cleary Gottlieb Steen & Hamilton LLP 

Conyers Dill & Pearman  

Claro & Cía 

*** 

Mexican shadow bank UNIFIN gets restructuring approval 

Counsel to UNIFIN 

Skadden, Arps, Slate, Meagher & Flom LLP 

Sainz Abogados 

Counsel to ad hoc committee of creditors  

Cleary Gottlieb Steen & Hamilton LLP 

Ritch Mueller y Nicolau, SC 

Counsel to Bank of New York 

Holland & Knight (Mexico)

Counsel to the Bank of Nova Scotia

Mijares, Angoitia, Cortés y Fuentes SC 

***

Americanas gets Chapter 15 approval for restructuring plan 

Counsel to Americanas  

In-house counsel – Fábio Medeiros and Daniela Baker 

White & Case LLP  

Basílio Advogados 

BMA Advogados 

Salomão Kaiuca, Abrahão, Raposo e Cotta Advogados 

Counsel to Jorge Paulo Lemann, Marcel Herrmann Telles e Carlos Alberto da Veiga Sicupira 

Eskenazi Pernidji Advogados

Wald, Antunes, Vita e Blattner Advogados 

Counsel to ad hoc group of noteholders 

Akin Gump Strauss Hauer & Feld LLP

Counsel to Deutsche Bank Trust Company Americas 

Hogan Lovells 

Counsel to BTG Pactual and Banco Safra

FCDG Ferro Castro Neves Daltro & Gomide Advogados

Counsel to BTG Pactual  

Dechert

Mudrovitsch Advogados 

Counsel to Banco Safra 

Wambier, Yamasaki, Bevervanço & Lobo Advogados 

Counsel to Banco Santander 

Gustavo Tepedino Advogados 

Fux Advogados 

Counsel to Banco Bradesco, Banco ABC Brasil and JPMorgan 

Machado Meyer Advogados 

Counsel to Itaú Unibanco and Banco Bradesco 

Sacramone, Orleans e Bragança Advogados (SOB) 

Dickstein Advogados 

Counsel to Itaú Unibanco  

Pinheiro Guimarães 

Counsel to debentures trustees Pentágono and Vórtx 

Felsberg Advogados 

Counsel to BTG Pactual, Itaú Unibanco, Banco Bradesco, Banco Santander and Samsung 

Pinheiro Neto Advogados

Counsel to ad hoc group of holders of international bonds 

Cleary Gottlieb Steen & Hamilton LLP  

Padis Mattar Advogados 

Counsel to Bank of America 

Cescon, Barrieu, Flesch & Barreto Advogados 

Counsel to Goldman Sachs 

Veirano Advogados

Counsel to Itaú Investments Funds 

TWK Advogados  

Márcio Guimarães Advogados 

Counsel to ad hoc group of debentures holders  

E.Munhoz Advogados

Counsel to DBTCA and Wilmington

Stocche Forbes Advogados

Counsel to Wilmington Savings Fund Society

Pryor Cashman LLP

Counsel to BTG Pactual, Itaú Unibanco, Samsung and Banco Votorantim

Galdino, Pimenta, Takemi, Ayoub, Salgueiro, Rezende de Almeida

Counsel to Jeffries, Hasbro and Hershey

Tauil & Chequer Advogados in association with Mayer Brown

Disputes

BHP, Vale and Samarco make US$23 billion Mariana dam settlement 

Counsel to BHP  

In-house counsel – Emir Calluf Filho, Paulo Chung, Fernanda Bortolini, Gustavo Wypych, Emily Westphalen, Marcelo Schwartzmann, Natalia Rodrigues, Ana Clara Moreira, Henrique Borges, Natalia Diniz and Luís Aguiar 

Mattos Filho  

Xavier Vasconcelos Advogados 

Counsel to Samarco  

In-house counsel – Najla Ribeiro Nazar Lamounier, Felipe Morgan, Rodrigo Campos and Laura Sarti Mozelli  

Machado Meyer Advogados  

Counsel to Vale  

In-house counsel – Alexandre D'Ambrosio, Humberto Moraes Pinheiro, Lílian Simões, Diego de Matos Costa, Bruno Passos, Luiz Couto, Octávio Bulcão, Stan Klein and Cecilia Chaves   

Azevedo Sette Advogados  

Bermudes Advogados 

Santana de Vasconcellos Advogados  

***  

Telefónica wins ICSID award against Colombia

Counsel to Telefónica 

In-house counsel to Telefónica - Pablo de Carvajal González, Iván Rosa Vallejo, Luis Ángel Prendes Arroyo and Diego Colchero Paetz  

White & Case LLP

Paul Hastings LLP*

*Partner Jonathan Hamilton moved to Paul Hastings LLP in March 2024 while the decision was pending

Counsel to Colombia 

Wordstone Dispute Resolution (since January 2024)* 

*Team brought the case with them from Dechert in January 2024 

Expert witnesses for Telefónica 

EY Law (Colombia) 

Expert witnesses for Colombia 

Leyva Abogados 

Antuña Partners 

*** 

X resolves temporary suspension in Brazil

Counsel to X 

Pinheiro Neto Advogados  

Rosenthal Advogados Associados

Bermudes Advogados