Flavio Averbug is an associate
in Hughes Hubbard & Reed’s New York office.
He advises issuers, underwriters and dealer managers on securities transactions,
including equity offerings, debt offerings and tender offers, as well as other
corporate and securities matters.
Flavio has been particularly
active in transactions and matters involving Latin American issuers, including
sovereign and sub-sovereign issuers, quasi-governmental entities, and companies
in the banking, renewable energy, oil and gas, steel, aviation, utility, technology,
real estate and other sectors.
Flavio previously advised
private equity, corporate, and financial advisor clients on M&A
Representation of Transelec S.A., Empresa Nacional del Petróleo (ENAP), Banco de los Trabajadores (Guatemala), Banco Nacional de Costa Rica, Mastellone Hermanos S.A., Bunge Limited Finance Corp. and Bunge Finance Europe, among others, in multiple notes offerings
Representation of the underwriters/initial purchasers in multiple notes offerings by Petróleo Brasileiro S.A. (Petrobras), Gerdau Trade Inc., Macy’s Retail Holdings, Inc., BTG Pactual S.A., Banco Santander Chile, BBVA Bancomer, Oi S.A., América Móvil, S.A.B. de C.V., Cemex S.A.B. de C.V. and LATAM Airlines Group S.A., among others
Representation of the underwriters/initial purchasers in sovereign and sub-sovereign bond offerings by Republic of Costa Rica, Republic of Guatemala, Republic of El Salvador, Republic of Chile, Republic of Bolivia, Republic of Uruguay, Ukraine (Represented by the Minister of Finance of Ukraine acting upon instructions of the Cabinet of Ministers of Ukraine), Republic of Peru, Government of Jamaica, Province of Buenos Aires and Municipality of Lima, among others
Representation of the initial purchasers in green bond offerings by Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and Nacional Financiera, Sociedad Nacional de Crédito, Institución de Banca de Desarrollo (NAFIN)
Representation of the underwriters/initial purchasers in notes offerings in connection with acquisition financings for Nexeo Plastics, LLC, Grupo DESA (Desarrolladora Energética SA), Cleco Corporate Holdings LLC, Teva Pharmaceutical Industries Limited, Actavis plc, Beacon Roofing Supply, Inc., JB y Compañía, S.A. de C.V. and Almacenes Éxito S.A., among others
Representation of the indenture trustee, offshore security agent, offshore account bank and escrow agent in notes offering by TransJamaican Highway Limited
Representation of the initial purchasers in Omega Geração S.A.’s follow-on 144A/Regulations S offering outside Brazil
Representation of Trisul S.A. in its follow-on 144A/Regulations S offering outside Brazil
Representation of the initial purchasers in Tecnisa S.A.’s follow-on 144A/Regulations S offering outside Brazil
Representation of the initial purchasers in Companhia de Saneamento do Paraná - SANEPAR’s IPO in Brazil and concurrent 144A/Regulations S offering outside Brazil
Representation of Azul S.A. in its IPO, NYSE listing and SEC-registered follow-on offering
Representation of the underwriters in SEC-registered follow-on offering by Banco Santander (Brasil) S.A.
Representation of the underwriters in SPAC IPO by GP Investments Acquisition Corp.
Representation of the underwriters in equity offerings in connection with acquisition financings for Teva Pharmaceutical Industries Limited, Actavis plc and Beacon Roofing Supply, Inc., among others
Representation of the underwriters in preferred stock offering by Global Ship Lease Inc.
Representation of Republic of Ecuador in its 2020 sovereign debt restructuring, including consent solicitation and exchange offer
Representation of La Empresa Pública de Exploración y Explotación de Hidrocarburos Petroamazonas EP in its consent solicitation
Representation of ad hoc bondholder group in Mexico City Airport Trust tender offer and consent solicitation
Representation of Empresa Nacional del Petróleo (ENAP), Transelec and Mastellone Hermanos S.A., among others, in tender and exchange offers
Representation of the dealer managers in multiple tender offers by Petróleo Brasileiro S.A. (Petrobras), Raízen Energy Finance Limited, Grupo Cementos de Chihuahua, S.A.B. de C.V., Gerdau Trade Inc., Republic of Chile, Republic of Uruguay and Province of Buenos Aires, among others
Representation of Banco del Pacífico, S.A., Banco de la Producción, S.A. and Banco Lafise Bancentro, S.A. in the establishment of, and first set of loans under, their Diversified Payment Rights securitization programs
Representation of Banco Cuscatlán de El Salvador, S.A. in the amendment of, and second set of loans under, its Diversified Payment Rights securitization program
Representation of Banco del Pacífico, S.A. in loans under its Merchant Vouchers Receivables securitization program
Representation of Inter-American Investment Corporation and Inter-American Development Bank in loan to BRK Ambiental – Região Metropolitana do Recife/Goiana SPE S.A.
Representation of the administrative agents in loans to Eldorado Brasil Celulose S.A. and Marfrig Global Foods S.A.
Representation of Francisco Partners in acquisition of Plex Systems, Inc.
Representation of several portfolio companies of Francisco Partners and Symphony Technology Group in bolt-on acquisitions
Representation of Twitter, Inc. in its acquisition of Dasient, Inc.
Representation of Amyris, Inc. in its joint venture with Total Gas & Power USA
Representation of White Oak Resources LLC in its joint venture with Alliance Resource Partners, L.P.
Representation of the financial advisor to SunPower Corp in the acquisition of 60% of its equity interest by Total Gas & Power USA
George Washington University Law School, J.D., 2008, with honors
University of Maryland at College Park, B.A., 2004, cum laude