Accolades
Paul Hastings Wins Two “Deal of the Year” Awards at Latin Lawyer Deal of the Year Awards 2024
May 15, 2024
Paul Hastings LLP has won two “Deal of the Year” awards at Latin Lawyer’s Deal of the Year Awards 2024. The firm was recognized in the following categories:
Mergers & Acquisitions: Private Companies Deal of the Year – Aligned buys ODATA from Patria and Cyrus One
Paul Hastings represented SMBC, MUFG, Deutsche Bank, Nomura, BNP Paribas, Societe Generale, Credit Agricole, and Natixis, as lenders, in a $1.225 billion term loan and delayed draw loan facility to finance Aligned Data Centers’ acquisition of ODATA, a data center service provider offering scalable, reliable, and flexible IT infrastructure in Latin America, from Patria Investments. The deal involved multiple jurisdictions throughout Latin America, including Brazil, Chile, Columbia, Mexico, Peru, and Uruguay.
Project Finance: Infrastructure Deal of the Year – Patria desalination plants get US$883 million credit line in Chile
Paul Hastings advised the lenders in connection with the $883 million term loan and letter of credit facilities to finance two water infrastructure projects being developed by Patria in Chile, including the 1,000 l/s Aconcagua desalination plant in the Valparaiso region and the associated San Isidro Quilapilun aqueduct in the Valparaiso and Metropolitana region. The transaction is the first-ever financing in Chile for a multi-client desalination project.
The Latin Lawyer Deal of the Year Awards recognizes landmark Latin American deals and cases from the past year.
About Paul Hastings
With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.