Isabella Ankerson

International Elite firm Cleary Gottlieb Steen & Hamilton LLP has bolstered its Latin America offering by promoting a New York-based counsel to partner as part of its end-of-year promotion round.

Four Milbank offices have helped the investment arm of German insurance group Allianz lead a Series E investment round, through which Argentine fintech Ualá raised US$300 million – marking one of the largest Latin American funding rounds of the past three years.

Four Latham & Watkins LLP offices, Brazil’s Mattos Filho, two Posse Herrera Ruiz offices and Creel, García-Cuéllar, Aiza y Enríquez SC in Mexico City have helped Puerto Rican payment processor Evertec acquire US data analytics company Grandata, including its Latin American operations.

Left to right: Johnny De La Pared Darquea and Oscar Borbor Mondesdeoca

Brazilian mining giant Vale has turned to Pinheiro Guimarães to make its first local debt offering in just shy of a decade, through which it raised 6 billion reais (US$1 billion) to fund several infrastructure projects.

Credicorp subsidiary Pacifico Seguros has enlisted Payet, Rey, Cauvi, Pérez Abogados to acquire the remaining stake in a joint venture it co-owns with Chilean private medical services company Empresas Banmédica for 1.1 billion soles (US$301 million).

Three A&O Shearman offices and Posse Herrera Ruiz in Bogotá and have helped Spanish gambling group Codere restructure €1.4 billion (US$1.5 billion) worth of debt, including assets in Latin America.

Brazilian construction giant CCR has enlisted Lefosse to structure a power self-production project in partnership with local energy company Neoenergia.

Rio de Janeiro-based media giant Globo has relied on BMA Advogados to acquire an additional stake in local advertising group Eletromidia from Brazilian investor Vesuvius HBO for 1.9 billion reais (US$329 million).

Left to right: partners Bruno Feigelson, Sylvia Camarinha and Ursula Mata-Xavier (Lima ≡ Feigelson Advogados) and Pedro Eroles (Eroles Advogados)