Emilio Minvielle
Counsel
Emilio Minvielle’s practice focuses on corporate and financial transactions in Latin America.
He regularly represents Latin American corporations and state-owned entities in financing, capital markets, liability management, mergers and acquisitions, and corporate and sovereign debt restructurings across the region.
Emilio has experience in a broad array of industries including consumer products and retail, energy, infrastructure, pharmaceuticals and biotechnology, and telecommunications.
He has been recognized as a “Next Generation Lawyer” by The Legal 500 Latin America and a “Rising Star” by Latinvex.
Emilio joined the firm in 2006. From 2006 to 2011, he was a resident in the New York office and from 2011 to 2022, he was a resident in the Buenos Aires office.
While at law school, he was an exchange student at the University of Paris II (Panthéon-Assas) on a scholarship granted by the University of Buenos Aires.
Notable Experience
Sovereign
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The Province of La Rioja in its successful $300 million restructuring through a consent solicitation and previously, in its $100 million bond offering and in its debut $200 million international Rule 144A/ Reg S global bond offering, each to fund the development of the Arauco Wind Farm.
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The Provinces of Neuquén and Santa Fe in Argentina in numerous Rule 144A/ Reg S global offerings.
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The Republic of Uruguay in a $1.2 billion and a $2 billion SEC-registered global notes offering, and previously in a series of liability management transactions totaling $850 million and $2 billion, respectively, to further improve its external debt profile.
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The Republic of Paraguay in multiple global debt offerings since 2014, totaling more than $2.5 billion.
Capital Markets
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IPOs, follow-on transactions, and tender offerings for issuers, underwriters, and investors throughout Latin America:
- The underwriters in Pampa Holding’s $140.5 million Rule 144A/ Reg S IPO, its $74.7 million SEC-registered follow-on equity offering in the form of ADS, marking the return of Argentine companies to international equity markets following Globant’s 2014 IPO, and its $420 million Rule 144A/Reg S common stock offering.
- Bancolombia’s $314 million SEC-registered global offering of ADSs.
- The initial purchasers in Organización Cutilba’s $195 million Rule 144A/Reg S debut equity offering.
- Fintech in an all-cash tender offering for all outstanding Class B shared held by U.S. holders and all outstanding ADS’s of Telecom Argentina S.A.
- Vista Oil & Gas in its SEC-registered global offering of 10 million common shares.
- Grupo Supervielle S.A. in its SEC-registered initial public offering.
- Central Puerto in the $379.5 million initial public offering of its common shares by certain of its shareholders.
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Debt offerings for issuers, underwriters, and investors throughout Latin America:
- Banco del Estado de Chile in the establishment and later updates of its $1 billion Rule 144A/ Reg S medium term notes program and various offerings thereunder.
- Frigorífico Concepción in its $300 million Rule 144A/Reg S new money offering and its concurrent tender offer and consent solicitation.
- The initial purchasers in Banco Continental’s $300 million Rule 144A/Reg S sustainable bond offering.
- CFR Pharmaceuticals in a $300 million Rule 144A/ Reg S global notes offering and concurrent negotiation of a bridge credit facility to fund its purchase of Laboratorio Franco Colombiano Lafrancol.
- The dealer managers in Mastellone’s debt restructuring through an exchange offer for its newly issued senior secured notes, plus certain cash consideration.
- Edenor in its $69.7 million Rule 144A/ Reg S global high-yield notes offering.
- Cablevisión in its $286 million bond offering in connection with the refinancing of existing notes.
- Empresa Distribuidora de Electricidad de Salta S.A in its $65 million Reg S bond offering.
- The initial purchasers in Empresa Nacional del Petróleo’s $600 million bond offering.
- The initial purchasers and dealer managers in Falabella’s $650 million Rule 144A/Reg S new money offering and concurrent cash tender offers.
Finance
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JPMorgan Chase as lender in a $70 million bridge credit facility to Auna Colombia to (i) acquire 70% of the equity interests in Oncomedica S.A. (Oncomedica) and indirectly acquire 100% of the equity interests in Instituto Medico de Alta Tecnologia – IMAT S.A.S. (IMAT) and (ii) acquire up to 70% of the equity interests in Clinica Universitaria Medicina Integral–CUMI S.A.S. (Cumi).
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Jinko Solar, along with the project SPV, in the project financing of a $105 million 80MW San Juan solar farm in San Juan, Argentina.
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Petroquímica Comodoro Rivadavia in connection with the $108 million secured project financing for the construction, operation, and maintenance of Parque Eólico del Bicentenario.
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Central Puerto in its $180 million unsecured term loan to fund the acquisition of the Brigadier Lopez Power Plant.
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Telecom Argentina S.A. (“Telecom”) in a $30 million export credit facility with Finnish Export Credit, the proceeds of which were used to finance payments owed by Telecom for goods and services delivered under a supply agreement entered into between Telecom and Nokia.
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Empresa Inversora Energética S.A., as borrower, and Tesnik Dos Holdings Limited, as guarantor, in a $300 million loan facility by UBS Securities LLC to pay a portion of the acquisition of Empresa Distribuidora de Energía Atlántica S.A. and Empresa Distribuidora La Plata S.A.
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Desarrolladora Energética S.A. and Empresa Inversora Energética S.A, as borrowers, and Tesnik Holdings and Tesnik Dos Holdings, as guarantors, in a $475 million secured loan facility.
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Pampa Energía and Pampa Inversiones in the partial prepayment and refinancing of a $90 million credit agreement with Citibank and Standard Bank.
M&A
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Falabella in its $138 million acquisition of online marketplace operator Linio.
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A wholly-owned subsidiary of AIG Global Investment Group in its successful bid for the acquisition of P&O Ports North America.
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A large multinational petrochemicals company in the negotiation and execution of certain agreements with YPF for the development of the first shale gas pilot project in Argentina.
Events
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May 10, 2018