Capital Markets
Latin America Guide 2025 : International Counsel
Band 4
Contact number
+1 212 558 4740About
Provided by Sullivan & Cromwell LLP
The Firm has extensive experience as counsel to Latin American corporate issuers, sovereign issuers, sovereign-backed issuers and their underwriters on SEC-registered offerings and unregistered offerings, whether they are qualified investors in the United States, pursuant to Rule 144A, or to investors outside the U.S., pursuant to Regulation S. Our clients span the region of Latin America, including those from Argentina, Belize, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Paraguay, Peru and Venezuela, among others. This work also extends to liability management transactions including distressed debt exchange offers, straight cash tender offers, modified Dutch Auctions, exchange offers coupled with consent solicitations, exchanges involving a mix of equity, convertible notes, debt securities and loans and open market liability management transactions not involving tender offers.
S&C continues to be among the few international law firms advising on offerings and liability transactions by sovereign issuers in the region, including Brazil, Colombia, Mexico and Panama. The Firm is well known for its experience providing sophisticated advice and helping develop innovative structures for capital markets and lending transactions, such as the critical role it played in the rollout of ranking and collective action clauses (CACs) for sovereign debt financings in Latin America.
Chambers Review
Sullivan & Cromwell enjoys an established international practice group well reputed for its experience in significant Latin American securities transactions. The legal team enjoys a strong track record acting for investment banks and multilateral credit agencies on private offerings and SEC-registered debt issuances. The capital markets department offers further expertise representing both governments and underwriters in high-value sovereign debt transactions, including in Argentina and Mexico.
Work Highlights
- Sullivan & Cromwell advised Univision Communications, a wholly owned subsidiary of TelevisaUnivision, on its completed offering under Rule144A/RegulationS of USD500million aggregate principal amount of 8.000% senior secured notes due 2028.
Strengths
Provided by Chambers
"Sullivan & Cromwell possesses engaged, technical and reliable lawyers who handle sophisticated capital markets transactions in Latin America."
"Sullivan & Cromwell possesses engaged, technical and reliable lawyers who handle sophisticated capital markets transactions in Latin America."
Notable Practitioners
Christopher Mann is routinely sought out by initial purchasers to advise on sovereign debt offerings and restructurings involving numerous Latin American jurisdictions, such as Colombia, Mexico and Panama.
"Christopher Mann is very knowledgeable about capital markets and is widely known for his expertise in the field. He is also distinguished by his soft skills."