Mizuho Americas was recognized in the Global Banking & Markets Awards Latin America 2024 for innovative and comprehensive financings in the region on behalf of its clients.
“We work closely with our clients to understand and achieve their goals and are thrilled to be acknowledged alongside them for our work on these transactions,” said Rodrigo Garcia de Leon, Managing Director, Latin America Debt Capital Markets.
Mizuho is proud of its role collaborating with our clients on the following projects:
- Loan Deal of the Year – Pemex: The $6.5 billion syndicated facility, one of the largest of the year, was successfully distributed among 17 banks, demonstrating the continuous support from the market to the Mexico National Oil Company (Pemex)
- Corporate Syndicated Loan Deal of the Year – Cemex: Mizuho successfully syndicated a EUR750 million facility for Cemex to 18 institutions and was able to assist the company in expanding their relationship bank group by bringing in new lenders
- Renewable Energy Deal of the Year – AES Andes: Mizuho Served as Active Bookrunner in the New Issue ($500 million of 6.300% 2029 senior unsecured notes) and Dealer Manager in the Liability Management Exercise. The transaction effectively set a reference for a hybrid bond that would come to market three months later. The company announced a concurrent tender offer of its senior notes due 2025 and its junior subordinated notes due 2079. The successful execution of this deal marked AES Andes first senior bond issuance since 2015
- High Yield Bond Deal of the Year – Minerva/Luxembourg: Mizuho served as Joint Book-Running Manager in Minerva’s $900 million senior notes priced at 8.875% and due in 2033 during the popular September issuance window. The successful execution of this deal underscored investors’ demand for Minerva’s credit during the high traffic September window and the proceeds were used, in part, for Minerva’s acquisition of the Marfrig assets
- Corporate Bond Deal of the Year – JBS: Mizuho served as Active Bookrunner in JBS’s $1.6 billion new issue priced at 6.750% due 2034 and $900 million priced at 7.250% and due in 2053 which showed considerable investor appetite for JBS’ risk. JBS opted to refinance some of its short-term debt obligations and reposition its curve through a strategic post-Labor Day issuance. This new issue solidified its US IG-Style capital structure
- Project Bond Deal of the Year – Yinson Boronia Production B.V.: Yinson Boronia Production B.V. priced $1.035 billion of 8.950% 2042 senior secured notes, the first FPSO project bond offering in multiple years and one of only three FPSO-backed 144A/RegS bonds currently outstanding. Mizuho has participated in every such FPSO bond offering and served as co-manager on this transaction
For more information about the Global Banking & Markets Awards (formerly the Bonds, Loans & ESG Capital Markets Awards) click here.