Chadbourne Adds Experienced Cross-Border Corporate Partner to Its São Paulo and London Offices; Opens Brazil Desk in London

The international law firm Chadbourne & Parke LLP today announced that Silvia Fazio, a leading international corporate lawyer, has joined the firm as an international partner in the corporate practice. Ms. Fazio will be resident in Chadbourne’s São Paulo and London offices. She will also establish a Brazil Desk in Chadbourne’s London office to service the firm’s U.K. and European clients who are active in Brazil.

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Davis Polk Advises Mexichem on Its $1.15 Billion Notes Offering and Concurrent Tender Offer

Davis Polk advised Mexichem, S.A.B. de C.V. in connection with its offering of $750 million aggregate principal amount of 4.875% notes due 2022 and $400 million aggregate principal amount of 6.75% notes due 2042. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S. Davis Polk also advised Mexichem in connection with its concurrent tender offer for $350 million aggregate principal amount of its 8.75% senior notes due 2019, which were paid for with proceeds from the notes offering.

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Tags:  Davis Polk & Wardwell LLP | Sao Paulo

Simpson Thacher Represents J.P.Morgan as Financial Advisor in Connection with Itau-Unibanco’s US$5.8 Billion Tender Offer for Redecard S.A.

The Firm is representing J.P.Morgan as financial advisor to the Board of Directors of Itau-Unibanco Holding S.A. (“Itau-Unibanco”) in connection with the fairness opinion delivered in the context of the R$11.7 billion (US$5.8 billion) tender offer for Redecard S.A. (“Redecard”), a Brazilian multi-brand acquirer of credit, debit and benefit cards, and one of the leaders in the electronic payment industry in the Brazilian market.

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Davis Polk – Taesa Equity Offering

Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, BTG Pactual US Capital LLC, Goldman, Sachs & Co., Santander Investment Securities Inc. and Banco do Brasil Securities LLC as joint bookrunners on the Rule 144A/Regulation S primary offering of units of Transmissora Aliança de Energia Elétrica S.A. (“Taesa”) The company sold an aggregate of 24,000,000 units, which consisted of common and preferred shares, for a total of approximately R$1.6 billion (approximately US$800 million).

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Davis Polk – BRF – Brasil Foods Notes Offering

Davis Polk advised BB Securities Ltd., HSBC Securities (USA) Inc., Itau BBA USA Securities, Inc. and Santander Investment Securities, Inc. as initial purchasers in connection with the reopening by BRF – Brasil Foods S.A. of $250 million aggregate principal amount of its 5.875% notes due 2022, which constitute a further issuance of the 5.875% notes issued on June 6, 2012. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.

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Davis Polk – Bunge Limited $600 Million Senior Notes Offering

Davis Polk advised Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and BNP Paribas Securities Corp. as joint book-running managers in connection with an SEC-registered offering by Bunge Limited Finance Corp., a wholly owned subsidiary of Bunge Limited, of $600 million principal amount of its 3.2% senior notes due 2017. The notes were fully and unconditionally guaranteed by the parent, Bunge Limited, a Bermuda company.

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Simpson Thacher Represents the Underwriters in Initial Public Offering by Locamerica

Simpson Thacher recently represented Banco Itau BBA, BTG Pactual, Bank of America Merrill Lynch, Banco Votorantim and BB Investimentos, in connection with the initial public offering by Companhia de Locação das Américas (Locamerica), a Brazilian car-rental company focused on vehicle fleet outsourcing for corporate clients.  The offering of 30,331,062 shares raised approximately R$273 million (US$145 million).  Locamerica will be listed on the BM&FBovespa under the ticker symbol “LCAM3”. The offering is the first Brazilian IPO since Abril Educação’s IPO in July-2011, where the Firm also represented the underwriters.

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Tags:  Simpson Thacher & Bartlett LLP | Sao Paulo