Law Firms Advise on $1.9 Bln LatAm Offers

An Interbank branch in Peru. Shearman & Sterling and Simpson Thacher advised on the $469 million U.S. initial public offering of Peru-based Intercorp -- the first listing of a Peruvian company on the NYSE in the last six years. (Photo: Christian Monzón Cárdenas)

Adam Brenneman, Andrés de la Cruz and Jorge Juantorena, Cleary Gottlieb and Juan Francisco Méndez, Simpson Thacher. (Latinvex collage)

Wednesday, July 31, 2019

Legal Briefs

Cleary, Sherman, Simpson Thacher advise on Mexico, Peru offers.

BY LATINVEX STAFF

Cleary Gottlieb and Simpson Thacher advised on Mexican state electricity company CFE’s $615 million Formosa bond.

Cleary also advised the initial purchasers and dealer managers in Chile-based airline LATAM's reopening and concurrent cash tender offer worth a combined $500 million and the $100 million US initial public offer of Mexico-based private oil company Vista Oil & Gas.

Shearman & Sterling and Simpson Thacher advised on the $469 million U.S. initial public offering of Peru-based Intercorp -- the first listing of a Peruvian company on the NYSE in the last six years.

Shearman also represented the initial purchasers on the $220 million offer from Cable & Wireless.

And DLA Piper advised Mexican pharma company Genomma Lab in obtaining authorization from the Mexican National Banking and Securities Commission (CNBV) to register a revolving issued program.