Bonds & Loans Latin America & Caribbean AWARDS 2023
28th November 2023
The Ritz-Carlton Key Biscayne, Miami

Bonds & Loans Latin America & Caribbean AWARDS 2023

RECOGNISING THE MOST INNOVATIVE & GROUND-BREAKING DEALS FROM LATIN AMERICA & CARIBBEAN

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2023
NOMINATIONS OPEN ON 17TH JULY 2023
300+
NOMINATIONS RECEIVED IN 2023
200+
HIGH-PROFILE INDUSTRY FIGURES

BONDS & LOANS LATIN AMERICA & CARIBBEAN AWARDS 2023

28TH NOVEMBER | THE RITZ-CARLTON KEY BISCAYNE, MIAMI

"Recognising the most innovative & ground-breaking deals from LatAm & Caribbean"


Join the industry's most high-profile figures in celebrating!

Since 2015, the Bonds & Loans Awards has been recognising the most innovative and ground-breaking deals from Sovereign, Corporate and Financial Institution issuers and borrowers.

The exhaustive selection process involves close examination of deal size, tenor, structure, and distribution; analysis and background of the borrower and their accessibility to financing; with extra credit for those deals demonstrating high quality execution, accessing new pools of liquidity, innovative structuring, and opening-up new markets.

Bringing together the industry’s most high-profile figures, the Bonds & Loans Latin America & Caribbean AWARDS ceremony is an opportunity to raise the profile of the financial markets with the international investment community, and to inspire future issuance by Latin American & Caribbean companies.

ENQUIRIES: email Awards@GFCMediaGroup.com

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2022 AWARD WINNERS:

Bonds & Loans Lifetime Achievement Award:

  • Carlos Garcia Moreno, Chief Financial Officer, America Movil

Sovereign Bond Deal of the Year:

  • The Republic of Chile
  • USD 2bn SEC Registered Sustainability-Linked Bond at 4.340%
  • Issued: March 2022; Matures: March 2042
  • JLMs/Bookrunners: BNP Paribas, Credit Agricole CIB, Societe Generale
  • Legal Advisers to Issuer: Linklaters, Morales & Besa
  • Legal Adviser to the JLMs: Cleary Gottlieb, Garrigues

Agency Bond Deal of the Year:

  • CABEI
  • MXN 5bn Floating Rate Notes at 3.98%
  • Issued: June 2021; Matures: June 2024
  • JLMs/Bookrunners: BBVA, HSBC
  • Legal Advisers to Issuer: Shearman & Sterling, Ritch Mueller
  • Legal Adviser to the JLMs:

Investment Grade Corporate Bond Deal of the Year:

  • Sitios (America Movil)
  • USD 1bn 144a/RegS Senior Unsecured Bond at 5.375%
  • Issued: March 2022; Matures: April 2032
  • Global Coordinators: Citi, JPMorgan
  • JLMs/Bookrunners: Citi, Barclays, BBVA, BofA Securities, JP Morgan, Scotiabank
  • Legal Advisers to Issuer: Cleary Gottlieb, Bufete Robles Miaja
  • Legal Adviser to the JLMs: Ritch Mueller, Simpson Thacher & Bartlett

High Yield Corporate Bond Deal of the Year:

  • Comunicaciones Celulares S.A. (Millicom, Comcel)
  • USD 900m 144a/RegS 10NC5 Senior Secured Guaranteed Notes at 5.125% to finance Millicom’s acquisition of the remaining 45% equity stake in Comcel
  • Issued: January 2022; Matures: January 2032
  • Global Coordinators: Goldman Sachs, JP Morgan
  • JLMs/Bookrunners: Goldman Sachs, JP Morgan, Scotiabank
  • Legal Advisers to Issuer: Davis Polk & Wardwell, Consortium Legal
  • Legal Adviser to the JLMs: Milbank, Cuestas PPQ

Hybrid Bond Deal of the Year:

  • CEMEX
  • USD 1bn 144a/RegS Hybrid Perpetual NC5.25 Notes at 5.125%
  • Issued: June 2021; Matures: PerpNC5.25
  • JLMs/Bookrunners: Citi, BofA Securities, HSBC
  • Legal Advisers to Issuer: Skadden
  • Legal Adviser to the JLMs: Cleary Gottlieb

Sovereign Liability Management Deal of the Year:

  • The Dominican Republic
  • DOP 110bn 144a/RegS (with permanent restrictions and concurrently offered via local auction) Senior Unsecured Dual-tranche Bonds at 8.0% and 8.625%
  • Issued: June 2021; Matures: June 2028 and 2031
  • JLMs/Bookrunners: Citi, JP Morgan
  • Legal Advisers to Issuer: Cleary Gottlieb
  • Legal Adviser to the JLMs: Simpson Thacher & Bartlett

Corporate Liability Management Deal of the Year:

  • PEMEX
  • USD 1bn 144a/RegS Bonds and USD 5.814bn Exchange/Tender Offer at 6.70%
  • Issued: December 2021; Matures: February 2023
  • Bookrunners: BofA Securities, Citi, Goldman Sachs, HSBC
  • Legal Advisers to the Issuer: Cleary Gottlieb
  • Legal Advisers to the Bookrunners: Shearman & Sterling, Ritch Mueller

Sovereign Restructuring Deal of the Year:

  • The Republic of Belize
  • USD 553m Blue Loan (USD364m Blue Loan used to retire USD553m Superbond with coupon of 3.0% at 55c to USD)
  • Settled: September 2021
  • Financial Adviser: Citi
  • Legal Advisers to Issuer/Borrower: Sullivan & Cromwell
  • Legal Adviser to the JLMs: David Polk

Corporate Restructuring Deal of the Year:

  • Cinepolis
  • USD 1.6bn MXN, USD, EUR, BRL and PEN Multi-Currency Debt Restructuring (Covenant Holiday and 2-Year Tenor Extension) and USD 200m New Term Loan Facility
  • Settled: July 2021; Matures: July 2028
  • Obligor’s Adviser: Lazard
  • Lenders’ Advisor: FTI Consulting
  • Legal Adviser to the Obligor: Skadden, Galicia
  • Legal Advisers to the Lenders: Milbank, Creel García Cuellar

Syndicated Loan Deal of the Year:

  • KKR (Project Alameda)
  • USD 460m 4-tranche syndicated loan (USD 230m Term Loan, USD 140m Capex, USD 11m Revolving Credit, and USD 55m VAT Facilities) for the acquisition of 60% of Telefonica Chile’s Fiber Optic Network
  • Issued: July 2021; Matures: July 2027
  • Global Coordinators: Scotiabank, KKR Capital Markets
  • Bookrunners: Scotiabank, KKR Capital Markets
  • Legal Advisers to the Borrowers: Simpson Thacher & Barlett, CM Carey & Allende
  • Legal Advisers to the Bookrunners: Allen & Overy, PPU

Mid-Cap Loan Deal of the Year:

  • Lifemiles
  • USD 400m Term Loan B
  • Issued: August 2020; Matures: March 2026
  • Bookrunners: Citi, Morgan Stanley

Leveraged Finance Deal of the Year:

  • Mubadala Capital
  • USD 1.8bn 144a/RegS Senior Secured Bonds at 7.25%
  • Issued: July 2021; Matures: June 2031
  • Global Coordinators and Bookrunners: Bradesco BBI, JPMorgan, HSBC, Societe Generale, Standard Chartered, UBS
  • Bookrunners: Deutsche Bank
  • Legal Advisers to Issuer: Skadden
  • Legal Adviser to the JLMs: Milbank, Machado Meyer

Acquisition Finance Deal of the Year:

  • Ecopetrol
  • USD 3.8bn Bridge Loan for the Acquisition of ISA
  • Issued: November 2021; Matures: November 2023
  • Bookrunners: Citi, JPMorgan, Santander, Scotiabank
  • Legal Advisers to the Borrower: Shearman & Sterling, Baker McKenzie
  • Legal Advisers to the JLMs/Bookrunners: Milbank, Gomez Pinzon & Asociado

Project Finance Deal of the Year:

  • Tocumen
  • USD 1.855bn 144a/RegS Senior Secured Dual-Tranche Project Bond at 4.0% and 5.125%
  • Issued: August 2021; Matures August 2041 and August 2061
  • Bookrunners/JLMs: Citi, BofA Securities
  • Legal Advisers to the Issuer: Shearman & Sterling, Icaza, González Ruiz & Alemán
  • Legal Advisers to the JLMs: Milbank, Aleman Cordero Galindo & Lee

ESG Bond Deal of the Year:

  • The Central America Bottling Corporation
  • USD 1.1bn 144a/RegS Sustainability-Linked Bond at 5.25%
  • Issued January 2022; Matures: April 2029
  • Global Coordinators: Citi, JP Morgan
  • JLMs/Bookrunners: Citi, JP Morgan
  • Legal Advisers to Issuer: Hogan Lovells, Walkers, Palacios y Asociados
  • Legal Adviser to the JLMs: Shearman & Sterling, Harney Westwood & Riegels, Atla Qil, Uria Menendez

ESG Loan Deal of the Year:

  • CEMEX
  • USD 3.25bn Sustainability-Linked Dual-tranche Credit Facility
  • Issued: October 2021; Matures: October 2026
  • Bookrunners: BNP Paribas, Banamex, Citi, BofA Securities, JP Morgan
  • Legal Advisers to the Borrower: Skadden, GHR Rechtsanwalte
  • Legal Adviser to the Bookrunners: Cleary Gottlieb, Galicia

BRL Deal of the Year:

  • BNDES + VALE
  • BRL 11.5bn 144a/RegS and ICVM 476 Senior Unsecured Dual-tranche Debenture
  • Issued: April 2021
  • Bookrunners: Bradesco, Citi, Itau BBA, JP Morgan
  • Legal Advisers to the Issuer: Cleary Gottlieb Steen & Hamilton, Pinheiro Guimaraer Advogados
  • Legal Adviser to the Bookrunners: Mattos Filho Veiga Filho Marrey Jr e Quiroga

MXN Deal of the Year:

  • Grupo Aeroportuario del Centro Norte (OMA)
  • MXN 5bn Dual Tranche 5-year Sustainability-Linked Floating Rate Note and 7-year Sustainability-Linked Fixed Rate Note at 6.87% and 9.35%
  • Issued: March 2022; Matures: March 2027 and March 2029
  • JLMs/Bookrunners: Citi, HSBC, Santander
  • Legal Advisers to Issuer: Mijares, Angoitia, Cortés y Fuentes
  • Legal Adviser to the JLMs:

COP Deal of the Year:

  • Sacyr Concesiones
  • USD798m 144s/RegS Project Bonds at 6.60% and Secured Loans
  • Issued: February 2022; Matures: February 2041, May 2030, May 2037, April 2030
  • Global Coordinators and Bookrunners: Goldman Sachs, JP Morgan
  • Legal Advisers to Borrower/Sponsors: Clifford Chance, Posse Herrera
  • Legal Adviser to the JLMs: Latham & Watkins, Philippi Prietocarrizosa, Perez Bustamante & Ponce, Uria Menendez

PEN Deal of the Year:

  • Multimercados Zonales (Minka)
  • PEN 135m Private Placement Securitisation Bonds at 7.969%
  • Issued: November 2021; Matures: November 2041
  • Bookrunner: Scotiabank
  • Legal Adviser to the JLMs: Rodrigo Elias & Medrano

CLP Deal of the Year:

  • Digital Bridge (Project Ocean)
  • CLP 205bn Term Loan Facility for Digital Bridge’s acquisition of 100% stake of Pacífico Cable
  • Issued: March 2022; Matures: March 2027
  • Bookrunners: Scotiabank
  • Legal Advisers to the Borrower: Vinson & Elkins, Carey
  • Legal Advisers to the JLMs/Bookrunners: Allen & Overy, PPU

Bond House of the Year:

  • JP Morgan

Loan House of the Year:

  • Citi

Structured Finance Bank of the Year:

  • Citi

Project Finance Bank of the Year:

  • SMBC

ESG/Sustainable Finance Adviser of the Year:

  • BNP Paribas

Brazilian Investment Bank of the Year:

  • Itau BBA

Mexican Investment Bank of the Year:

  • Santander

Andean Investment Bank of the Year:

  • Scotiabank

Sovereign Funding Team of the Year:

  • Ministry of Finance, Republic of Mexico

Corporate Funding Team of the Year:

  • America Movil

Bank Funding Team of the Year:

  • Corporación Andina de Fomento (CAF)

Banking & Finance Legal Adviser of the Year:

  • Skadden

Debt Capital Markets Legal Adviser of the Year:

  • Milbank
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ACCOMODATION:

We have negotiated a discounted rate for Resort View King Bedrooms at The-Ritz Key Biscayne, Miami (event venue).

The discounted rate is available for the dates: November 26th - November 29th 2023.

To book, please use this link: Book your group rate for GFC Media Bonds & Loans Annual Meeting

Alternatively, call 1-800-241-3333 and reference GFC Media Bonds & Loans Annual Meeting.

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HIGHLIGHTS VIDEO FROM LAST YEAR:

Highlights from the Latin America & Caribbean AWARDS 2022

2022 PHOTO GALLERY: