Davis Polk & Wardwell LLP has consistently dominated the international capital markets arena in Latin America over the last decade. It has successfully targeted the prime jurisdictions of Brazil and Mexico, while building a presence in other larger markets. It has led the field in US registered and Rule 144A/Reg S IPOs by Latin American issuers and advised Corporación Inmobiliaria Vesta on its headline $445.6m SEC-registered IPO in 2023. It also advised on the first technology SPAC IPO in the region and continues to grow its presence in sustainability-linked offerings. It benefits from a stable team of Latin America specialists across the seniority range, including longstanding partners in Sao Paulo and New York. Manuel Garciadiaz leads the Latin America practice and has an outstanding record in landmark and high-value equity and debt offerings in the region, including high-yield debt offerings, IPOs and exchange offers; he has an especially strong reputation for deals originating in Brazil and Mexico. Maurice Blanco is co-head of the global capital markets department and is a key member of the Latin America team, having worked on over 250 transactions involving Latin American issuers over the past decade. Both Garciadiaz and Blanco split their time between New York and Sao Paulo. In New York, Pedro Bermeo has emerged as key member of the team, frequently advising Banco Santander and its subsidiaries in Mexico and Chile. Elected to the partnership in 2023, Hillary Coleman is another capital markets specialist with experience of Latin America transactions. Native Spanish speaking counsel Katia Brener provides further senior level expertise. Named individuals are based in New York or divide their time between New York and Sao Paulo.
Key clients
- Arcos Dorados Holdings
- Arco Platform
Work highlights
- Advised Corporación Inmobiliaria Vesta on its $445.6m SEC-registered IPO.
- Advised the representative of the initial purchasers in connection with a $2.5bn aggregate Rule 144A / Reg S offering by JBS.