Latin America With a vast and diverse team of multilingual lawyers, Hughes Hubbard continued to serve clients across Latin America last year. This included BAC Florida Bank’s sale to Brazil’s Banco Bradesco, which garnered us a Financial Services Deal of the Year award from The Deal.
Green-Linked Loan for Global Paper Giant
The firm served as counsel to BNP Paribas as administrative agent and a syndicate of 10 banks in a $1.57 billion credit facility structured as a sustainability-linked loan for the European unit of Brazilian pulp and paper company Suzano.
Paraguay State Bank’s First International Funding
Hughes Hubbard represented Paraguay’s state-run Banco Nacional de Fomento in its first U.S. dollar funding from international financial markets.
Shareholders of BAC Florida Bank in the sale of the Coral Gables- based bank to Brazil’s Banco Bradesco
Lead legal advisor to the shareholders of BAC Florida Bank in the sale of the Coral Gables-based bank to Brazil’s Banco Bradesco for at least $500 million.
Paraguay’s $825.9M Bond Sale and Switch Tender Offer
HHR advised the Republic of Paraguay in a recent sovereign bond issuance and concurrent “switch” tender offer, the first one ever conducted by Paraguay.
Argentina’s Largest Private Fundraising Round Ever
HHR served as legal counsel to Latin American fintech Ualá in a new round of preferred equity financing for its financial services app.
Rare Release of OFAC-Blocked Funds for LatAm Client
The firm provided counsel to a Latin American client throughout its successful two-year quest to unblock from OFAC restrictions millions in funds from a key account.