Firm Advised Grupo Nutresa in Connection with $2.0 Billion Bond Issuance
SÃO PAULO and NEW YORK, February 19, 2026 – Proskauer has been recognized in the 2026 Global Banking & Markets Awards: Latin America & Caribbean, which honor exceptional transactions and outstanding performance across the Latin America and Caribbean region. The Firm advised Colombian food conglomerate Grupo Nutresa S.A. and its subsidiaries (together “Grupo Nutresa”) on the issuance of $2.0 billion in notes in the Rule 144A and Regulation S markets, which was awarded “Global Banking & Markets Deal of the Year.”
The issuance of the notes marked several milestones for the Latin American and Colombian bond markets, including being the largest ever inaugural bond issuance by a Latin American private company; by a Colombian issuer, matching issuances by Colombian state-owned oil company Ecopetrol; and by a Latin American corporate issuer in more than two years, since Mexican state-owned oil company Pemex in 2023.
Tapping on the success of the issuance in May 2025, a few months later Grupo Nutresa issued an additional $1.0 billion in a reopening of the initial issue, increasing the total principal amount of the notes to $3.0 billion. The notes are rated investment grade by Moody’s and are divided into two tranches of $1.5 billion 8.000% senior notes due 2030 and $1.5 billion 9.000% senior notes due 2035.
The Proskauer team, led by partners Antonio Piccirillo and Saulo de Padua (LatAm), will be recognized at the 2026 GBM Awards: Latin America & Caribbean conference on February 26 in Miami, Florida.
Grupo Nutresa was also recently named “Debt Issuer of the Year” by LatinFinance.
Read more here: GBM Awards: Latin America & Caribbean 2026
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Our Latin America Practice is one of the premier corporate practices in Latin America, handling some of the highest-profile deals in the region. Our global M&A team represents U.S. and Latin American acquirers and targets in the purchase and sale of Latin American or U.S. businesses and assets. We have handled billion dollar deals throughout the region and advise global and regional clients across a range of industries, including financial services, energy and natural resources, life sciences, manufacturing and mining and metals industries.