Paul Hastings Recognized for 2022 “Latin America Bond Deal of the Year” by Proximo
By Paul Hastings Professional
Paul Hastings LLP received the “Latin America Bond Deal of the Year” award at Proximo’s Latin America Deals of the Year Awards 2022 for its representation of the note purchasers and letter of credit providers in Innergex Renewable Energy’s US$803.1 million financing. The financing consisted of a US$710 million issuance of green bonds maturing in 2036 and a US$93.1 million letter of credit facility. The deal is among the largest private placements in Latin America in recent history. In addition to refinancing the portfolio’s debt, the financing provides capital for the construction of Innergex’s first battery energy storage project in Chile.
Proximo’s annual Deal of the Year Awards recognize and celebrate best practice in project, infrastructure, and energy finance in Latin America.
About Paul Hastings
With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment and real estate, Paul Hastings is a premier law firm providing superior intellectual capital and execution globally to the world’s leading investment banks, asset managers and corporations.