Banco Panamá

Client: BancoPanamá
Country: Panamá
Sector: Financial Institutions
Completion: June 2015
Description: Valuation Banco Panamá

 

Apsa - Administração Predial e Negócios Imobiliários S.A.

Client: Apsa - Administração Predial e Negócios Imobiliários S.A.
Country: Brazil
Sector: Real Estate
Completion: May 2015
Description: Advised Apsa in the acquisition of 100% of Mario Dias' client portfolio. BroadSpan acted as exclusive financial advisor to Apsa for this transaction.

 

BroadSpan Advises Bondholders in Lupatech Restructuring

Sao Paulo, Brazil, September 30, 2014 – Brazilian oil & gas services company Lupatech S.A. announced the completion of its debt restructuring process today. As part of the process, Lupatech filed an extrajudicial recovery plan in Brazil, which was approved by bondholders in December 2013. Holders of Lupatech’s 9.875% Guaranteed Perpetual Bonds agreed to convert 85% of their debt into equity, and exchanged the remaining 15% for new restructured notes.

BroadSpan Advises NCB Jamaica in Sale of Kingston Wharves Stake

Kingston Jamaica, September 30, 2014 – National Commercial Bank of Jamaica Limited (NCB) has announced that NCB Capital Markets Limited has reached an agreement to sell the Group’s 32.59 percent interest in Kingston Wharves Limited (KW) to Seaboard Corporation (Seaboard). Seaboard in turn has agreed to sell to Jamaica Producers Group Limited (JP) some of the KW Shares acquired from the NCB Group constituting 11.59 percent of the capital of KW.

BroadSpan Advises Bondholders in Lupatech Restructuring

Sao Paulo, Brazil, September 30, 2014 – Brazilian oil & gas services company Lupatech S.A. announced the completion of its debt restructuring process today. As part of the process, Lupatech filed an extrajudicial recovery plan in Brazil, which was approved by bondholders in December 2013. Holders of Lupatech’s 9.875% Guaranteed Perpetual Bonds agreed to convert 85% of their debt into equity, and exchanged the remaining 15% for new restructured notes.

BROADSPAN EXPANDS ADVISORY TEAMS IN MIAMI AND SAO PAULO

New Talent Powers Continued Growth in M&A and Restructuring Practices.

Grenada Steering Committee and Ad-Hoc Committee Announce Formation

NEW YORK, May 3, 2013 – Holders of more than 75% of the U.S. Dollar Bonds Due 2025 and E.C. Dollar Bonds due 2025 (together, the “Bonds”) issued by the Government of Grenada (“GOG”) announced that they have formed a Steering Committee (the “Committee”) and a broader Ad-Hoc bondholders’ committee in order to address matters concerning the GOG’s announcement on March 8, 2013 that circumstances have forced the country to undertake a comprehensive and collaborative restructuring of its public debt, including the Bonds. In that regard, on March 15, 2013 the GOG did not make its scheduled interest payment on either of the Bonds; the 30 day grace period has since lapsed and the Bonds are now in default.

BroadSpan Advises Almond Resorts Inc. on Sale of Almond Beach Village

On February 5, 2014, Barbados Tourism Inc. (“BTI”) acquired 100% of the Almond Beach Village (“ABV”) resort from Almond Resorts Inc. BTI has subsequently announced its intention to lease the property to Sandals Resorts International.

OceanPact Completes US$35MM Equity Raise

In January 2014, OceanPact successfully raised US$35MM of equity financing from a prominent Brazilian asset management firm.