Pinheiro Guimarães

Brazil

IFLR1000 Reviews

Financial and corporate

Formed in 1922, Pinheiro Guimarães is a nationally recognized firm with offices in Rio de Janeiro and São Paulo.  

   

Focusses / specialisms  

The firm is highly regarded in the corporate and projects areas but is perhaps best known for its work in banking and capital markets.  

In the banking area it works on debt restructurings, loan issuances and credit facilities, advising both borrowers and lenders.  

The capital markets team represents both debt and equity issuers and underwriters on public offerings, tender offers, debenture issuances and bond issuances.  

In the M&A practice area the firm represents strategic buyers, sellers and private equity investment firms in mergers, acquisitions and joint ventures. The team works on both public and private M&A.  

The project development and finance team represent mostly developers and borrowers in energy related projects.  

   

Key clients  

The firm has cultivated strong relationships with banks and investment groups, which include Itaú Unibanco, Banco BTG Pactual, Banco Rabobank, Inter-American Investment Corporation, Banco do Brasil, International Finance Corporation, Banco Santander, XP Investimentos, Citigroup and the IDB.  

   

Research period review: 33rd edition (2022/2023)  

Over the research period the firm was active in banking and finance, capital markets, investment funds, M&A, private equity, project development and restructuring and insolvency.  

The banking team participated in several cross-border financing transactions, advising lenders and borrowers equally.  

The debt capital markets team was heavily engaged in bond issuances and other securitizations primarily in the healthcare, energy and financial services sectors. The firm advised underwriters, arrangers and issuers. The equity department was active in significant offerings including cross-border IPOs. 

The firm’s investment funds work included advising underwriters and asset managers on fund structuring and public offerings exclusively in the banking sector. 

The M&A team was active across multiple industries including energy, technology and healthcare, mainly advising acquirers and sellers on cross-border and domestic acquisitions  

In private equity, the firm was occupied with domestic private acquisitions in the banking and energy sectors. The projects team represented multiple developers in the renewable energy sector.  

For project development, the firm focused on the energy sector, advising developers on various project acquisitions, supply contracts and other related agreements. On the finance side, the firm worked with development banks and other international financial institutions as sponsors and lenders for projects. The team also advised borrowers in the energy sector. 

The firm’s restructuring and Insolvency work mainly included advising creditors on judicial reorganizations in the financial services, banking and energy sectors.  

In June of 2022, Paloma Valéria Martins Lima came from Lefosse Advogados to join the banking and finance and projects teams. 

  

Deal highlights: 33rd edition (2022/2023) 

CSN Cimentos $1 billion acquisition of LafargeHolcim 

Eletrobras B3 IPO 

Jallas Machado R$700 million acquisition of Santa Vitória Açúcar e Álcool  

Nova Transportadora do Sudeste R$3.5 billion bond issuance 

Rede D'Or São Luiz R$2.375 billion bond issuance 

Samarco restructuring 

São Paulo's Metro Line 6 project 

Sendas Distribuidora $1 billion acquisition of Extra Hiper 

 

Client feedback: 33rd edition (2022/2023)  

Capital markets: Debt 

“It is the best law firm for capital markets in Brazil.” 

“Great job conduct.” 

 

Capital markets: High yield 

“Pinheiro Guimarães is very technical, proactive and is always on top of the most recent trends in the area.” 

 

M&A 

“They are extremely knowledgeable on the Brazilian infrastructure space and have a lot of M&A experience. They are easy to work with and understand our needs fluently. And they are always available when we need them.” 

 

 

Project development: Infrastructure   

“Pinheiro Guimarães' lawyers always act proactively, concerned with the company's best interest but also worried about the legal aspects and with a partnership spirit to comply with short deadlines.” 

 

Rene Brunet 

“Rene is reliable and always available as needed. He takes the time to listen and also to pull in support as needed. He's great to work with.” 

 

Fernanda da Cunha Lopez 

“Fernanda is a very proactive and intelligent lawyer and an excellent negotiator in complex contracts.” 

 

Bruno Lardosa 

“Best lawyer for capital markets in Brazil.” 

“He is extremely effective at understanding the client's needs and adjusting his approach to match them. He's smart, reliable and easygoing too.” 

 

Ivie Moura Alves 

“She is very technical and at the same time pragmatic and business oriented.” 

 

Camila Ohno 

“Great conduct.” 

 

Isablea Prochet 

“Isabela is very proactive, intelligent, kind and is an excellent negotiator in complex contracts.”