Bibiana Jaimes | White & Case LLP International Law Firm, Global Law Practice
 Bibiana Jaimes
 Bibiana Jaimes

Bibiana Jaimes

Associate, New York

T +1 212 819 8308

E bjaimes@whitecase.com

Overview

Bibiana Jaimes is a member of our Capital Markets Practice with extensive experience in capital markets and bank finance transactions involving Latin American companies. She represents corporates and financial institutions in a wide range of capital markets and bank finance transactions, including registered public offerings, Rule 144A and Regulation S offerings.

Ms. Jaimes has been ranked as an "Associate to Watch" by Chambers Latin America for Banking & Finance Latin America-wide.

Prior to joining White & Case, Ms. Jaimes was an associate at a leading Colombian firm, where she practiced in a range of areas including mergers and acquisitions, securities offerings, bank financings, project finance, foreign investment and general corporate matters.

Bars and Courts

  • Colombia Bar
  • New York State Bar

Education

  • LLM, Columbia Law School
  • Specialist in Financial Legislation, Universidad de los Andes, Bogota, Colombia
  • Attorney-at-Law (JD equivalent), Universidad de los Andes, Bogota, Colombia

Languages

  • English
  • Portuguese
  • Spanish

Experience

Colombia Telecomunicaciones S.A. ESP (ColTel), the second-largest integrated fixed-line and mobile telecommunications provider in Colombia, and the Colombian affiliate of Spain's Telefónica S.A., in the offering of its US$500 million Subordinated Perpetual Notes (the Hybrid Notes). The Hybrid Notes are the first international hybrid bond issued by a Colombian corporate issuer.

Representation of a group of international and Brazilian lenders on the restructuring of US$425 million of the indebtedness of S/A Usina Coruripe Açúcar e Álcool, a Brazilian sugar and ethanol producer. A portion of this indebtedness was restructured through a New York law-governed amended and restated export prepayment facility agreement in an aggregate principal amount of US$228.1 million and the remaining US$196.9 million was restructured through the execution of several bilateral export facilities under Brazilian law. The restructuring facilities are secured by shared collateral that includes receivables from sugar exports of Usina Coruripe, certain collection accounts of Usina Coruripe in New York and Brazil, certain real estate property owned by Usina Coruripe and GTW Agronegócios, industrial equipment of Usina Coruripe, cogeneration equipment of Coruripe Energética SA and shares of Coruripe Energética SA.

Unión Andina de Cementos S.A.A. (UNACEM), as issuer, in a Rule 144A/Regulation S offering of 5.875% Senior Notes due 2021, in an aggregate principal amount of US$625 million. UNACEM is the leading cement and concrete company in Peru. The company also has operations in the United States and Chile and expects to begin operations in Colombia. The offering proceeds were used to finance the consummation of UNACEM's acquisition of Lafarge Cementos S.A., to refinance certain existing indebtedness and for general corporate purposes.

Empresa de Transporte de Pasajeros Metro S.A., the owner and operator of the Santiago subway system in Chile, in its inaugural offering in the international capital markets of US$500 million aggregate principal amount of its 4.750% notes due 2024 through a Rule 144A/Regulation S issuance.  The proceeds of this offering were used to finance the construction of new subway lines 3 and 6, bringing the total number of subway lines in service in Santiago to seven.

Representation of Oleoducto Central S.A., owner and operator of Colombia's largest crude oil pipeline (the Ocensa Pipeline) and operator of Colombia's primary crude oil export facility (the Port of Coveñas), in connection with its inaugural Rule 144A/Regulation S offering of US$500 million 4.000% senior unsecured notes due 2021. Oleoducto Central S.A. is indirectly owned by Ecopetrol S.A., Colombia's national oil and gas company, and in 2013 transported approximately 59 percent of Colombia's total crude oil production and exported 35 percent of Colombia's national production.

Colombia Telecomunicaciones S.A. ESP (ColTel), as issuer, in connection with its inaugural offering in the international capital markets of US$750 million aggregate principal amount of its 5.375% senior notes due 2022 through a Rule 144A/Regulation S issuance. ColTel is an indirect subsidiary of Telefónica S.A., one of the world's largest telecommunications companies, and the second-largest integrated telecommunications services provider in Colombia.

Fibria Celulose S.A., the world's largest producer of market pulp, in its US$719.1 million (R$1.35B) registered follow-on equity offering on the NYSE and the BM&FBOVESPA, as well as Fibria Celulose S.A., as borrower/guarantor and issuer, in three export prepayment facilities (aggregate total US$1.9 billion) and three Rule 144A and Regulation S bond offerings (aggregate total US$2.5 billion) since 2009. Ms. Jaimes has also represented Fibria Celulose S.A. in the renegotiation and amendment of several of its cross-border financing agreements.

Instituto Costarricense de Electricidad (ICE), the national electric power and telecommunications company of Costa Rica, in its inaugural Rule 144A and Regulation S offer and sale in 2011 of US$250 million 6.95% senior notes due 2021, as well as the subsequent US$250 million re-opening of this issuance in 2012. The original issuance was the first Rule 144A offering by a Costa Rican corporate issuer.

The underwriters, including Credit Suisse, Banco Itaú BBA, Bradesco BBI and Santander, among others, in a variety of equity and debt capital markets transactions in Brazil and elsewhere in Latin America.