Cleary Gottlieb Takes Home Unprecedented 12th LatinFinance ‘Law Firm of the Year’ Award and Honors for 20 Deals of the Year

January 31, 2025

Cleary Gottlieb has been named the “Law Firm of the Year” in Latin America by LatinFinance for a record 12th time – a landmark achievement within the industry.

“This is truly an incredible accomplishment,” said Latin America Practice Group Leader Jorge Juantorena. “We are humbled to have received such an honor and thank LatinFinance for recognizing the confidence that clients place in us to guide them through the most complex corporate and sovereign transactions.”

LatinFinance honored Cleary at its annual Deals of the Year Awards, where 20 of the firm’s matters and clients were recognized – more than any other law firm:

  • Corporate High-Grade Bond of the Year (Vale $1 billion 30-year notes and exchange)
  • Corporate High-Yield Bond of the Year (Transportadora de Gas del Sur $490 million bond)
  • Corporate Liability Management of the Year (Telecom Argentina $500 million 7-year senior unsecured notes)
  • Corporate Restructuring of the Year (Samarco $9.7 billion restructuring)
  • Development Finance Institution (DFI) Backed Deal of the Year (StoneCo $467.5 million credit facility for MSMB working capital)
  • Domestic M&A Deal of the Year (Mexico’s $6.2 billion Iberdrola power portfolio acquisition financing)
  • Initial Public Offering of the Year (BBB Foods $677 million IPO)
  • Loan of the Year (Pemex & PMI $8.3 billion refinancing)
  • Quasi-Sovereign High-Grade Bond of the Year (Codelco $2 billion bond)
  • Quasi Sovereign High-Yield Bond of the Year (YPF $800 million 2031 bond)
  • Sovereign Bond of the Year (UMS $7.5 billion 3 tranche global bond)
  • Sovereign Local Currency Deal of the Year (Dominican Republic $3 billion triple-tranche bond)
  • Structured Financing of the Year (FIEMEX $1.49 billion project bond)
  • Subnational (State/Local Government) Deal of the Year (Lima Metropolitan Municipality $325 million bond)
  • Honorable Mention: América Móvil $1 billion MXN sustainable issuance
  • Honorable Mention: Auna $360 million NYSE IPO
  • Honorable Mention: Fibra Prologis $612 million acquisition of Terrafina CBFIs
  • Honorable Mention: LATAM Airlines $460 million re-IPO & NYSE relisting
  • Honorable Mention: Paraguay debut global $1 billion PYG dual tranche bond
  • Honorable Mention: Petrobras $1.08 billion 10-year bond

The awards topped a series of accolades the firm earned last year for its groundbreaking work in the region, including:

  • No. 1 Firm in Latin America for the eighth year in a row by Latinvex
  • International Counsel of the Year (Corporate Finance) at the Chambers Latin America Awards
  • International Counsel of the Year at the Chambers Brazil Awards
  • No. 1 International Firm in Latin America Advising the Top 20 Companies in the Region by Latin American Corporate Counsel Association
  • No. 1 International Firm in Latin America Advising the Top 50 Financial Institutions in the Region by Latin American Corporate Counsel Association
  • Best International Law Firm for Latin American Bonds at the GlobalCapital Inaugural Latin America Bond Awards
  • Equity Capital Markets Legal Advisor of the Year at the Global Banking & Markets: Latin America Awards
  • High-Yield Deal of the Year (Azul senior secured issuance); High-Yield Team of the Year; Restructuring Deal of the Year (Samarco) at the IFLR Americas Awards
  • Restructuring Deal of the Year (Samarco) by Latin Lawyer
  • The only top-tier firm in three categories (Banking & Finance, Capital Markets, and Corporate/M&A) for the 16th year in a row by Chambers Latin America

Learn more about Cleary’s award-winning Latin America practice here.