Femsa, a Mexican brewer and beverage company, raised the peso-equivalent of US$555.3 million in the domestic bond market. Proceeds from the issue will refinance existing loans.
Petrobras, a Brazilian oil company, signed a US$392.6 million contract with Atlântico Sul Shipyard, a Brazilian construction consortium, to build a hull for the P-55 oil platform to go up off Rio de Janeiro. The platform will carry the capacity to produce 180,000 barrels of oil a day.
Grupo Gigante, a Mexican retailer, offered to buy back up to US$260 million in bonds due 2016.
Copa, a Panamanian airline, secured US$146 million in financing from the Private Export Funding Corporation, a U.S. lending agency, to buy two Boeing 737-800 aircraft. JPMorgan Securities acted as the lead arranger in the deal.
Anhanguera Educacional Participações, a Brazilian higher learning institution, bought for US$33.6 million Centro Universitário de Santo André, another higher learning institution in São Paulo. With the purchase of UniA, Anhanguera increases its presence in one of the country’s largest education markets.
TOTVS, a Brazilian software management company, purchased BCS, a Brazilian company that develops software for law firms and legal departments. The deal was valued initially at US$16.9 million but could climb to $27 million by 2009 if earnings targets are met. Regulators must approve the deal.
General Shopping Brazil, a Brazilian shopping mall developer and manager, bought for US$10.6 million a 30% stake in a mall to be developed by Senpar Terras de São José Empreendimentos Turísticos, also of Brazil. The mall, located in São Paulo state, will cover 87,980 square meters of property.
Gordon Brothers Group, a global buyout firm, bought for an undisclosed amount CompUSA, a U.S. consumer electronics retailer that was controlled by Mexican magnate Carlos Slim. The new owners will sell off all 103 CompUSA stores.
Odebrecht, a Brazilian construction and engineering firm, and partners won a bid to build a hydroelectric dam in Rondonia state, Brazil. Consortium partners include Andrade Gutierrez, Furnas, Cemig and an investment fund led by financial institutions Banif and Santander.
American Sugar Refining, a U.S. sugar company, said it acquired Ingenio San Nicolás, owner and operator of a sugar mill and refinery in Veracruz, Mexico, producing 75,000 tons of refined sugar. Terms were not disclosed.
El Banco del Sur, a multilateral lending institution spearheaded by Venezuela, has formally opened for business. Member countries besides Venezuela include Brazil, Bolivia, Paraguay, Ecuador and Uruguay. The bank has not disclosed its initial capital.
Universal Pictures International, a U.S. film studio, opened an office in Mexico. The new unit will promote and distribute Universal’s films.
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