Project Finance & Infrastructure in Latin America


    • Brookfield Business Partners and Brookfield Asset Management in their proposed acquisition for $768 million of a 70% controlling stake in the business of Odebrecht Ambiental, Brazil’s largest private water distribution, collection and treatment company.
    • The lenders in a local currency capital markets financing for several high voltage electricity transmission concessions in Brazil.
    • MBIA in a $200 million registered offering of MBIA-insured inflation-indexed local currency bonds by a Mexican administrative trust established to securitize the toll receivables on the Cadereyta Toll Road (Monterrey Toll Road) in Nuevo Leon, Mexico. The toll rights were contributed to the trust by Red Estatal de Autopista de Nuevo Leon, a decentralized public instrumentality of the Nuevo Leon state government which operates and maintains the state’s tolled highways. Debevoise acted as U.S. Counsel. (Winner of the Project Finance International "Deal of the Year" Prize - 2004)
    • The lenders in the inflation-indexed project bond financing of Américo Vespucio Sur Toll Road that provided a portion of the financing of an electronically tolled urban toll road concession in Santiago. This project was awarded the “Latin American Transport Deal of the Year 2004” by Project Finance Magazine.