Biography
Michael McCourt's practice focuses on cross-border lending and capital markets transactions, principally in Latin America, including structured trade and export finance, leveraged and acquisition finance, project finance and investment grade and high-yield bonds. He has extensive experience advising on debt restructurings and liability management transactions. Michael also advises on derivatives and structured products.
Professional experience
Representative experience
Representative experience
- Export Development Canada and CaixaBank on an $82 million refinancing in relation to a 50 MW wind farm in Florida, Uruguay
- ING as administrative agent on the restructuring of $250 million of export prepayment loans and $50 million of new export prepayment loans to Louis Dreyfus Company Brasil
- Itaú and Bradesco on the restructuring of several export prepayment loans to Terra Santa Agro (formerly Vanguarda Agro), a publicly traded Brazilian agribusiness company
- Iochpe-Maxion, a leading global wheel manufacturer, on a €130 million secured term facility arranged by Deutsche Bank AG
- Rabobank, Citibank, Santander, Itaú, Bradesco, ABN AMRO, ING, Standard Chartered, The Bank of Tokyo-Mitsubishi UFJ, Banco Votorantim and Banco do Brasil as bilateral lenders on the restructuring of approximately $900 million of debt of Usina Santa Terezinha, a Brazilian sugar and ethanol producer
- ABN AMRO on a $25 million export prepayment finance agreement with Molino Cañuelas, one of Argentina's leading foods and agribusiness companies
- Rabobank, Itaú, HSBC, Caixa Geral de Depósitos and Santander on a $60 million export prepayment finance agreement with Belagrícola, a leading Brazilian grain originator and distributor of agricultural inputs
- Morgan Stanley on a $30 million working capital facility to Marfrig, a leading global meat producer
- Rabobank, Citibank and Santander on the restructuring of $98 million of export prepayment loans to Usina Delta, a Brazilian sugar and ethanol producer
- SMBC on a $50 million export prepayment finance agreement with Raízen Energia, a leading Brazilian energy company
- Morgan Stanley, Citibank, Bradesco BBI, Banco Votorantim, Banco do Brasil and Mitsubishi UFJ Securities as underwriters in connection with the offer of $400 million notes issued by Companhia Brasileira de Alumínio (and guaranteed by its parent Votorantim Industrial S.A.) and as dealer managers in three tender offers for up to $1.1 billion in notes issued by Votorantim Industrial S.A and its affiliates
- Assured Risk Transfer, a project finance advisor and insurer, in structuring and funding a tower finance facility for MET Brasil, a Brazilian cell phone tower construction company, with collateral consisting of receivables arising from tower rental contracts
- Citibank, HSBC, Banco do Brasil, Bradesco BBI and Banco Votorantim as dealer managers in tender offers for up to $1 billion in senior notes by Votorantim Industrial and Companhia Brasileira de Alumínio, two wholly-owned subsidiaries of Votorantim Participações
- Pacific Exploration & Production Corp., a leading Latin American independent oil and gas producer, on the establishment of a $1 billion senior unsecured revolving credit facility and a $250 million senior unsecured term loan facility
- Cerveceria Costa Rica, a major Costa Rican brewer, on a $210 million secured term facility and $25 million secured revolving credit facility to finance the acquisition of North American Breweries Holdings, LLC
- Iochpe-Maxion on a $600 million secured term facility to finance the acquisition of Hayes Lemmerz to create the world's largest wheels manufacturer
- Itaú Unibanco, a leading Brazilian commercial and investment bank, in the establishment of a $1.9 billion credit facility provided by a group of 27 financial institutions
- Rabobank on a $250 million export prepayment finance agreement with Grupo André Maggi, a leading producer of soybeans
- BTG Pactual, a leading Brazilian investment bank, in the establishment of a $3 billion certificate of deposit program
- Compañía Minera Milpo, a Peruvian mining company, in its offering of $350 million of senior notes
- Banco GNB Sudameris, a Colombian banking institution, in its offering of $250 million of subordinated notes and $300 million of senior notes
- Banco BTG Pactual US Capital Corp., JP Morgan and Bradesco BBI in the establishment by Banco BTG Pactual of a $3 billion global medium term note program and the issuance of $500 million senior notes under the program
- Bank of America, Credit Suisse, Deutsche Bank and Morgan Stanley, as underwriters, in a $1 billion offer of perpetual bonds by Companhia Siderúrgica Nacional
- Banco ABC Brasil, a subsidiary of Arab Banking Corporation, in its issuance of $300 million of subordinated notes
- Banco Daycoval on the restructuring of its $1 billion medium term note program and the issuance of $300 million of senior notes
- Grifols, a Spanish pharmaceutical company, in connection with its $3.4 billion multi-tranche, multi-currency syndicated term loan and revolving credit facility
- A syndicate of Brazilian and international financial institutions as arrangers and lenders in the $328 million financing of the Vitoria 10,000 drillship and the $147 million refinancing of the Lancer drillship by the Schahin Group
- BNDES (Banco Nacional de Desenvolvimento Econômico e Social), the Brazilian development bank, in its issuance of $1 billion in exchangeable bonds
- Banco Votorantim, as issuer, and BNP Paribas, as solicitation agent, in the completion of 175 simultaneous consent solicitations relating to notes in the aggregate amount of $4 billion issued under Banco Votorantim's global medium term note program and euro medium term note program
Rankings and recognitions
Rankings and recognitions
- Chambers Global, Brazil: Banking and Finance, Chambers and Partners, 2017 – 2018, 2020 – 2021, 2024
- Legal 500 Latin America, Recommended lawyer, International firms: Banking and finance, The Legal 500, 2019 – 2025
- Legal 500 Latin America, Next Generation Lawyer, International firms: Banking and finance, The Legal 500, 2021, 2023 – 2024
- Chambers Latin America, Brazil: Banking and Finance, Chambers and Partners, 2017 – 2018, 2020
- Acritas Star, Acritas, 2019 - 2021
- Latin America Rising Legal Stars, Latinvex, 2015
Education
Education
LPC, BPP Law School, 2004
LLB, University of Nottingham, 2002
Admissions
Admissions
- Law Society of England and Wales
Memberships and activities
Memberships and activities
- Secondment to the asset management arm of a leading European bank to assist with ISDA negotiation
Languages
Languages
- French
- Portuguese
Insights and news
News
13 Latin America lawyers recognized by Best Lawyers
Global | December 07, 2023
Four practice groups and 17 lawyers recognized in The Legal 500 Latin America 2024 guide
Global | October 25, 2023
13 Latin America lawyers recognized by Best Lawyers
Global | December 07, 2023
Four practice groups and 17 lawyers recognized in The Legal 500 Latin America 2024 guide
Global | October 25, 2023
