Paul Hastings Recognized as ‘Law Firm of the Year – Caribbean’ by LatinFinance

LatinFinance recently recognized Paul Hastings as “Law Firm of the Year – Caribbean” at its 2024 Deal of the Year Awards.

The firm earned top honors due to its work representing companies, financial institutions and government entities on “a number of highly creative deals coming out of the Caribbean.”

According to Alex Herman, a partner in the securities & capital markets and Latin America practices, “This past year has been the culmination of many efforts by different teams at the firm to push the region, focus on the region and get creative in the region.”

Notable representations include two strategic deals in Jamaica, involving the sovereign’s inaugural issuance of Jamaican dollar-linked bonds in the international market for the equivalent of $300 million in 2023 and the $480-million bond and securitization of revenue for the Kingston airport in 2024 — the largest transportation infrastructure bond in Jamaica’s history.

In another airport transaction, this time in the Dominican Republic, Paul Hastings advised on a complex financing for Aeropuertos Dominicanos Siglo XXI (Aerodom), the country’s largest airport operator. The $940 million transaction involved a $500 million bond and $440 million credit facility.

The firm also received an honorable mention for advising an ad hoc group of secured lenders and secured noteholders holding more than $1 billion of debt of Digicel International Finance Limited in connection with the comprehensive restructuring of the Digicel Group’s $4.4 billion capital structure.  

Click here to read the full LatinFinance article.

About Paul Hastings

With widely recognized elite teams across 17 practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.