Latin America Restructuring Deals and Advisory Mandates Report (1Q18) - Special Report

23 April 2018
 
Document(s)
 
Debtwire’s 1Q18 Restructuring Deals and Advisory Mandate Report recorded a total of 246 active advisory mandates for Latin American companies in our coverage universe that are engaged in restructurings or are in need of assistance navigating financial distress. The field breaks down into 188 legal counsel hirings and 58 financial advisor appointments.  

There are 27 companies covered in the report, of which nine are involved in out-of-court situations and 18 are in-court restructurings. Brazil’s Oi SA remained the largest case. Odebrecht Oil & Gas has left our list while Odebrecht Engenharia e Construcao has entered.  

As of 1Q18, FTI Consulting took the top spot on the list of frequently appointed financial advisors with a total of seven mandates, ahead of Alvarez & Marsal with six and Rothschild, and Pantalica and G5 Evercore with four each. Law firm Cleary Gottlieb Steen & Hamilton was the most mandated legal counsel with nine, followed by Thomaz Bastos with seven, and Pinheiro Neto Advogados, Felsberg Advogados and Galdino, Coelho, Mendes, Carneiro with six each.