Marina Carvalho Rodriguez

Primary Focus & Experience

Marina’s practice focuses on providing New York law advice to Brazilian and US companies and financial institutions in a variety of cross-border transactions, including capital markets, financing, corporate and M&A. She has experience across a broad range of industries, including banking, financial services, aviation, retail, logistics, chemicals and infrastructure.

Among her recent representations:

• GOL Airlines, Brazil’s largest domestic airline, in a private placement of notes as part of its debt refinancing to fund its exit from chapter 11 bankruptcy protection, in liability management and bond transactions and in corporate finance, corporate governance and SEC reporting matters
• Abra Group, a leading air transportation group in Latin America and main shareholder of the airlines Avianca and GOL, in the debt restructuring of GOL, which involved the private placement of senior secured notes issued by GOL, which may be replaced with its exchangeable senior secured notes
• Gerdau, one of the leading steel producers in the Americas, in its SEC registered notes offering and concurrent tender offer
• Embraer, the world’s third-largest aircraft manufacturer, in its SEC-registered bond offerings, in liability management transactions, and in its revolving credit facility with 17 international financial institutions
• Lenders in two stapled equipment supply finance facilities for wind equipment and solar equipment to be deployed to projects in the US
• Lead arranger in the refinancing of payment certificates related to the construction of Line 3 of the Panama Metro
• Issuers or initial purchasers in the offerings of green notes or sustainability-linked bonds by Raízen, Klabin, B3 and FS Bioenergia, involving their commitment regarding renewable energy, clean transportation, reduction of water consumption, and social liability matters, among others
• Initial purchasers in the offering of dual-series senior notes by Brazilian petrochemicals company Braskem and in its offering of subordinated resettable fixed rate notes, the first hybrid debt offering by a Brazilian corporate issuer (non-financial institution) in over a decade, with 50% equity treatment by Standard & Poor’s and Fitch Ratings
• Itaú Unibanco, PagSeguro and Grupo Pão de Açúcar in corporate finance, securities, corporate governance and SEC reporting matters
• Initial purchasers and lenders in the bank/bond refinancing by Braskem Idesa, a leading Mexican petrochemical company, consisting of a high yield offering of Rule 144A/Regulation S senior secured notes and a senior secured syndicated term loan facility
• Movida, a leading Brazilian car rental and fleet management company and part of the Simpar conglomerate of companies, in its bond transaction
• Arrangers and certain lenders in the acquisition financing for the acquisition by Stonepeak Infrastructure Partners of Cirion, Lumen Technologies, Inc.’s Latin American business
• Issuers or initial purchasers in several international equity offerings, including Soma, Grupo GPS, Cruzeiro do Sul, Mobly and LOG Commercial Properties
• Apotea AB, Sweden's leading online pharmacy by market share, in its initial public offering and Nasdaq Stockholm listing

Recognition & Accomplishments

Marina earned her LL.M. from Columbia Law School, where she graduated as a Harlan Fiske Stone scholar, and earned her J.D. from University of São Paulo. Marina also earned a postgraduate degree in corporate law from Insper - Instituto de Ensino e Pesquisa. She is fluent in Portuguese and English.