Capital markets activity involving Latin American entities is experiencing a rebound after a challenging 2023, much to the relief of lawyers in the region. The previous year saw many Latin American issuers constrained by high interest rates and political turbulence, but current conditions are inducing a re-emergence of state issuers and corporates keen to refinance.
Legal professionals in the United States are finding this resurgence beneficial. Notable law firms such as Cleary Gottlieb, Davis Polk, Shearman and Simpson Thacher are among the ones engaged in advising the region’s state and corporate issuers. The present market conditions have allowed for debt and some equity offerings.
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