Deals of the Year 2012: Latin America – Making the exceptions exceptional
In a buoyant year for international bond
issuance from Latin America, structural
innovation was what counted, rather than the
size and pricing records that were broken. In
the equity markets, which, in Brazil at least,
were quiescent, persistence and a high regard
for a fair deal for investors were crucial.
 |
Return to Deals of Year 2012: Main index |
América Móvil |
Date |
November 28 |
Size |
Ps15 billion ($1.1 billion-equivalent) |
Structure |
Global Peso, 10-year bonds |
Bookrunners |
Deutsche Bank, HSBC and Morgan Stanley were active bookrunners, with BBVA, Citi and Credit Suisse as passive bookrunners |
Deal write-up |
BTG Pactual |
Date: |
April 23 |
Size |
R$3.66 billion |
Structure |
IPO |
Bookrunners |
BTG was global coordinator, and Banco do Brasil, Bradesco BBI, Citi, Goldman Sachs and JPMorgan were joint bookrunners. Deutsche Bank, Morgan Stanley and UBS were lead managers |
Deal write-up |
Santander Mexico |
Date |
September 25 |
Size |
$4.1 billion |
Structure |
IPO |
Bookrunners |
Santander, Bank of America Merrill Lynch, Deutsche Bank and UBS were the global coordinators. Barclays, Citi, Credit Suisse, Goldman Sachs, Itaú, JPMorgan and RBC were joint bookrunners |
Deal write-up |
UnitedHealth Group (US) |
Target |
Brazil’s Amil Participações (90%) (Brazil) |
Date announced |
October 8 |
Size |
$4.9 |