News & Events

Three Latin American transactions in 2011 in which the Firm represented investment banking clients have been honored with “Deal of the Year” awards by Latin Finance.   

América Móvil, S.A.B. de C.V.’s offering of U.S.$2 billion of 2.375% Senior Notes due 2016 and U.S.$750 million of 6.125% Senior Notes due 2040
     This offering was awarded “Best Corporate High-Grade Bond” of 2011.  According to Latin Finance, America Movil achieved the lowest-ever coupon for a five-year fixed-rate debt security issued by a Latin American issuer.  Simpson Thacher represented the underwriters.   To read more about this transaction, please click here.

Comisión Federal de Electricidad’s offering of U.S.$1 billion of 4.875% Notes due 2021 
     This offering was awarded “Best Power Financing” of 2011.  The offering constituted CFE’s inaugural securities offering in the broader international capital markets.  According to Latin Finance, CFE achieved the lowest-ever coupon for a 10-year debt security issued by a Mexican public entity.  Simpson Thacher represented the initial purchasers.  To read more about this transaction, please click here.
  

Braskem S.A.’s U.S.$750 million offering of 5.75% Notes due 2021 and concurrent consent solicitations and cash tender offers for outstanding debt securities
     This transaction was awarded “Best Liability Management Transaction” of 2011. Simpson Thacher represented the initial purchasers and the dealer managers.  To read more about this transaction, please click here.