Mayer Brown advised HSBC Bank in connection with the restructuring of Odebrecht Oil & Gas, which was named “Restructuring Deal of the Year” at International Financial Law Review’s (IFLR) 2018 Americas Awards.
Mayer Brown advised HSBC Bank, N.A. and HSBC Bank plc in their respective capacities as trustee and offshore accounts bank in the extrajudicial reorganization proceedings in Brazil and Chapter 15 recognition proceedings in the US of Odebrecht Oil & Gas and its subsidiaries and affiliates, which resulted in the successful restructuring and mandatory exchange of more than $2.5 billion of secured notes. The team was led by Restructuring, Bankruptcy & Insolvency partner Matt Wargin and counsel Craig Reimer (both Chicago).
Mayer Brown was also named a finalist in the “Private Equity Law Firm of the Year,” “Project Finance Law Firm of the Year” and “Structured Finance and Securitisation Law Firm of the Year” categories.
IFLR is a monthly magazine that covers legal issues and legal risk in the world’s financial markets, and provides readers with a global perspective on the business of law.