Banking and finance in Latin America: International firms

A&O Shearman

A&O Shearman's Latin America banking and finance practice is the product of two strong legacy teams from Allen & Overy and Shearman & Sterling, following the merger of the two in 2024. The combined firm now has a breadth of senior talent in banking and finance that is unmatched by the rest of the market, and has furthered its reputation in renewable energy, conventional power, infrastructure and mining financings. Moreover, it continues to lead the market in energy transition and renewable energy, and represents an impressive range of commercial lenders and multilateral agencies (MLAs) such as International Finance Corporation and IDB Invest. Denise Grant is co-head of the Latin America group and has an outstanding record in acquisition finance, corporate loans and restructurings across key jurisdictions such as Dominican Republic, Colombia, Mexico, El Salvador, Panama, Chile, Peru and Brazil. Dorina Yessios is US head of the energy, natural resources and infrastructure practice, and has a long track record in Latin America financings, particularly in digital infrastructure, infrastructure and power. Washington DC-based Sami Mir is co-head of the Latin America group and has close connections to influential MLAs, along with export credit agencies (ECAs) and commercial lenders. Todd Koretzky and Alexandra de Padua provide further senior expertise in leveraged finance and syndicated loans, both having a significant focus on Latin America. Dual qualified in New York and Peru, Augusto Ruiloba has advised clients in a series of recent landmark financings, while Robert O’Leary is another key partner. All named figures are based in New York unless stated otherwise.

Praxisleiter:

Manuel Orillac; Denise Grant; Sami Mir


Referenzen

‘A very solid team, with extensive knowledge of transactions in the region and the ability to communicate what’s best for the client, even when it’s not what the client wants to hear.‘ 

‘Transaction experience, seniority, and knowledge of corporate finance practices.‘

‘A&O Shearman is a great firm. Always very coordinated and timely when advising clients, with a deep knowledge of the industry and very tailor-made solutions.’

Kernmandanten

BBVA


The Bank of Nova Scotia


The Nature Conservancy


International Finance Corporation


IDB Invest


Santander


BNP Paribas


Deutsche Bank


EdgeConneX


Highlight-Mandate


  • Advised four of Chile’s largest electricity generation companies – AES Andes, Colbún, Engie Energía and Generadora Metropolitana – on a novel sale and subsequent securitisation of certain securities (MPC Securities) issued by the Chilean Ministry of Finance, acting on behalf of the Chilean Electricity Tariff Stabilization Fund (FET), and secured by a state guarantee for an amount of approximately $2.4bn.
  • Advised EdgeConneX on the upsizing and expansion of its data center financing with Natixis (as lender), including the addition of new lender Société Générale, o behalf of its Chilean subsidiaries who own and operate three hyperscale data centers.
  • Advised The Nature Conservancy on its first-ever land-based Nature Bonds Program effort (its first in the Amazon and the largest-ever for conservation), in support of Ecuador’s Amazon Biocorridor Program. The debt conversion was closed by the Republic of Ecuador (with the support of TNC, the U.S. International Development Finance Corporation, the Inter-American Development Bank and Bank of America), resulting in the conversion of US$1.53bn of Ecuador’s international bonds and that is expected to result in approximately US$460m to support the Amazon Biocorridor Program over 17 years.

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton has a market leading Latin America practice with a significant presence in banking and finance, particularly debt restructurings, bankruptcies, special situations and private credit transactions. It remains at the forefront of the Mexico and Brazil markets with additional strong trajectories in Argentina, Chile, and other growing markets such as Paraguay and Bolivia. The firm has worked on a series of major new money financings in Brazil, including private credit financings. It represents an impressive range of Latin American financial institutions, state-owned entities and major companies, along with financial sponsors and bondholders. The firm and the Latin America team also continue to standout for sustainability-linked credit facilities and ESG-related transactions. Richard Cooper is a clear leader in Latin America debt restructurings and bankruptcies, including Chapter 11 cases; he is particularly known for debtor and bondholder representations, especially in Brazil and Mexico. Sao Paulo-based Francisco Cestero has made a considerable impression on the market, having represented clients in a series of landmark and market-defining financings, restructurings and bankruptcies; this included acting for Samarco in connection with its restructuring proceedings and lawsuits filed by its creditors involving over $10bn of debt. Carina Wallance was elected to the partnership in January 2025 and also has a background in Latin America restructurings and refinancings. Adam Brenneman left the firm in May 2025. All named individuals are based in New York.

 

Praxisleiter:

Richard Cooper; Francisco Cestero; Carina Wallance


Referenzen

‘Deep knowledge. Firm is great and constructive.’

‘Cleary’s attorneys are excellent professionals. They are highly collaborative, and their concepts are clear and timely.’

‘We worked with Francisco Cestero. Francisco is a star when it comes to restructuring and was a great ally in the case. The case lasted almost four intense years and Francisco was one of the most active players in the restructuring negotiations, coming up with innovative solutions to the problems we faced.‘

Kernmandanten

América Móvil


Bank of America


BBVA México


Banco Santander México


Citigroup


Frigorífico Concepción


HSBC


LATAM Airlines Group


Mexico Infrastructure Partners (MIP)


PEMEX


Highlight-Mandate


  • Advised a backstop group and certain other supporting creditors in connection with the extrajudicial reorganisation of Unigel, one of Brazil’s largest chemical producers, including the restructuring of $869.6m of debt.
  • Advised a special purpose acquisition trust managed by Mexico Infrastructure Partners on the secured financing to fund the $6.2bn acquisition of 12 combined-cycle gas turbine plants and one wind farm from Iberdrola.
  • Advised an ad hoc group of unsecured bondholders and lenders on the restructuring of Crédito Real’s outstanding liabilities, amounting to over $2bn.

Clifford Chance

Clifford Chance fields a large Latin America banking and finance team, primarily based in New York, Washington DC, Houston, Madrid and Sao Paulo. The group is best known for its representation of development finance institutions (DFIs), MLAs and ECAs, along with its breadth of experience across the region, including Brazil, Chile, Argentina, Mexico, Peru, Colombia, Dominican Republic, Guatemala, Ecuador, Uruguay and Paraguay. The firm is also noted for its experience in debt restructuring and bankruptcy, particularly in the aviation sector; it advised parties in the recent Chapter 11 proceedings of Avianca, Aeromexico, Azul and LATAM airlines. ESG and sustainability-linked financings are another forte for the team. Washington DC-based Fabricio Longhin is a senior member of the Americas energy and infrastructure group, with an outstanding record in Latin America project finance and acquisition finance. Washington DC’s Jessica Springsteen is another key member of the practice, a Peruvian-American, she has a primary focus on Latin America energy and infrastructure finance. Hugo Triaca has extensive experience in Latin America bank lending and capital markets transactions. Daniel Winick is increasingly active in bank lending to the Brazil market, with Michelle McGreal playing a key role in restructurings in the wider Latin America region. Washington DC-based Alberto Haito is the key name at counsel level. Senior name Gianluca Bacchiocchi returned to the firm from Latham & Watkins LLP in March 2025. All named individuals are based in New York unless stated otherwise. Former counsel Andrés Berry left the firm in Octoer 2025.

Praxisleiter:

Fabricio Longhin


Referenzen

‘It is a firm comprised of a team of partners and associates with extensive knowledge in their respective practice areas and unparalleled legal creativity. It is a team that seeks solutions to critical negotiation situations and demonstrates great persuasiveness.’

‘Despite being one of the leading US firms, they differentiate themselves by creating a genuine relationship with their clients and co-advisors, avoiding interference and always respecting the opinions of their counterparts. Andrés Berry excels at providing creative solutions and has great negotiating skills. He has extensive knowledge of financial matters that allows him to communicate efficiently with his clients. Fernando Liu has excellent management and team organisation skills; he always treats clients and counterparts with a friendly attitude. He has extensive knowledge of financial and corporate matters.‘

Highly responsive team. Attention to detail. The team is deal-oriented.

Kernmandanten

Banco Santander


Bancolombia


Banco Latinoamericano de Comercio Exterior (Bladex)


CAF (Corporacion Andina de Fomento)


CIFI Services (CIFI)


Citigroup Global Markets


Corporación Multi Inversiones (CMI)


Eletrobras


FMO


Grenergy


Inter American Development Bank


JP Morgan Securities


Macquarie Bank


Natixis


Proparco


Sabesp


Scotiabank


SierraCol


SMBC


US International Development Finance Corporation (DFC)


Highlight-Mandate


  • Advised the lenders in connection with the $1.12bn multi-currency financing of the Troncales del Magdalena 1 and 2 toll road projects in Colombia.
  • Advised JP Morgan on a $1bn debt for nature transaction involving the Republic of El Salvador, US International Development Finance Corporation (DFC), the Development Bank of Latin America and the Caribbean (CAF), Catholic Relief Services (CRS), the Environmental Investment Fund of El Salvador (FIAES) and ArtCap Strategies.
  • Advised the as lenders on a $500m  secured loan to investment manager Grupo SURA.

Milbank

Milbank has a prestigious background in Latin America energy and infrastructure finance. Project finance, acquisition finance and restructurings are also very much fortes for the firm, which has a substantial Latin America team, primarily located in New York and Sao Paulo. The Latin America group continues to have close connections to international lenders, financial sponsors and a number of regional borrowers. Carlos Albarracin is a recognised Latin America specialist with a focus on capital markets, financings and restructurings throughout the region, notably in the energy, infrastructure and telecom sectors. Daniel Bartfeld is chair of the firm’s global project, energy and infrastructure finance group and has a tremendous record in Latin America transactions. Jaime Ramirez has also built a formidable reputation in Latin America energy and infrastructure finance, including digital infrastructure financings. Roland Estevez provides further senior expertise in Latin America renewable energy financings, while Andres Osornio Ocaranza  is key name at senior counsel level. Sao Paulo-based Tobias Stirnberg and Fabiana Sakai are versatile lawyers with extensive backgrounds in financings, including project finance. Leading practitioner Adam Brenneman joined from Cleary Gottlieb Steen & Hamilton in May 2025, bringing further senior expertise in special situations financings and restructurings in Latin America. Named individuals are based in New York unless stated otherwise.

Praxisleiter:

Carlos Albarracin


Referenzen

‘Adam Brenneman – his willingness to collaborate, his specialised knowledge, and his professionalism.‘

Kernmandanten

The administrative agent and joint lead arrangers in connection with Transelec


The joint lead arrangers and bookrunners in connection with América Móvil


A syndicate of commercial banks, including Barclays, BBVA Mexico, Santander Mexico, and SMBC, and Mexican development banks NAFIN and Bancomext in connection with Mexico Infrastructure Partners


MNJ Capital


The lenders in connection with Ecopetrol


The joint lead arrangers and joint bookrunners in connection with Fibra SOMA


The sole lead arranger in connection with Grupo Industrial Saltillo


The lead arrangers in connection with Cinépolis


The lender parties and underwriters in connection with Aerodom


Embraer


Fibra Monterrey


Localiza Rent a Car


Lumina Capital Management


The Bank of Nova Scotia as lender in connection with the Republic of Panama


Highlight-Mandate


  • Advised the administrative agent and joint lead arrangers in connection with a new $350m revolving credit facility for Transelec, Chile’s largest power transmission company.
  • Advised the joint lead arrangers and bookrunners in connection with the refinancing of América Móvil’s $2.5bn syndicated revolving credit facility.
  • Advised a syndicate of commercial banks (including Barclays, BBVA Mexico, Santander Mexico, and SMBC), and Mexican development banks NAFIN and Bancomext in connection with the acquisition financing for 13 Mexican power plants from Spanish energy group Iberdrola for approximately $6bn by an acquisition trust managed by Mexico Infrastructure Partners FF.

White & Case LLP

White & Case LLP has one of the largest Latin America-focused banking and finance teams in the market. Spread across multiple offices (particularly New York, Miami, Houston and Sao Paulo), it has built an outstanding record in energy and infrastructure finance, and represents a multitude of commercial lenders, DFIs, MLAs, ECAs and corporate borrowers and sponsors. During 2024, the Latin America team advised on approximately 80 debt finance matters, involving 67 clients and 16 countries. It has an established presence in traditional bank finance, corporate financings, syndicated lending, acquisition finance, structured finance, and trade and commodity-based financings, along with project finance, asset finance and restructurings. Carlos Viana has an outstanding record in energy and infrastructure finance, including project financings and acquisition financings. Sao Paulo executive partner John Anderson, a native Portuguese speaker, is a senior figure in Brazil acquisition financings, trade finance and restructurings. Sabrena Silver is a leading name in structured finance and acquisition finance. Anna Andreeva is another key figure with a background in project finance, asset finance, acquisition finance and structured finance. John K Cunningham and Richard Kebrdle are experienced practitioners in Latin America debt restructurings and bankruptcies; this includes advising WOM, the Chile-based telecoms provider, on its Chapter 11 proceedings in the Bankruptcy Court for the District of Delaware. At associate level, Houston-based Adrian Leal impresses.

Praxisleiter:

Christian Hansen


Referenzen

‚The technical knowledge of the lawyers that work in the firm is outstanding, but in my opinion the biggest upside of having this team in the transaction is their responsiveness and attention to the client. Also, being a tier one firm, the attorneys are experienced in complex transactions bringing previous inteligent solutions the table. One big advantage of their skilled team is speaking portuguese, which makes it more comfortable for the client to hold high level discussions.‘

‚John Andernson is a very experienced lawyer in project finance with extended knowledge which allows him to propose creative solutions. Evelyn Balassiano is a young partner in the project finance field, very technical and reliable. Fernando de la Hoz is also partner with extended experience in Brazilian transactions.‘

‚Very diverse team that is tailored to suit Mexican clients.‘

Kernmandanten

WOM


Itau BBA International


Light


Americanas


Carlyle Aviation Partners


Castlelake Aviation


CDB Aviation


Aegea Saneamento e Participacoes


Banco de Credito del Peru


Krealo


Credicorp


Mibanco


Highlight-Mandate


  • Representing Itau BBA International, (the banking subsidiary of  Brazil-based financial services company Itaú Group), as lead arranger, in connection with a syndicated loan facility to Ambipar Holding USA, as borrower.
  • Represented JP Morgan Chase Bank and Deutsche Bank in connection with a $325m loan including a $200m term loan and an up to $125m incremental loan to a special purpose entity formed by Latin American airline, Avianca and secured by contract rights and credit card receivables.
  • Representing market-leading Chile-based telecommunications provider WOM (and its five affiliates) in their multibillion-dollar chapter 11 proceedings in the Bankruptcy Court for the District of Delaware.

Davis Polk & Wardwell LLP

Davis Polk & Wardwell LLP has demonstrated a true commitment to Latin America over the last 20 years, including through its banking and finance practice, which continues to represent a variety of banks  and direct lenders, corporate borrowers, private equity sponsors and their portfolio companies, across a range of jurisdictions and industries including oil-and-gas, energy and infrastructure, airlines, fintech, consumer retail and real estate. It continues to advise on many landmark financings, including a series of sustainability-linked loans, along with a number of debtor-in-possession (DIP) loans and bridge facilities. The team is largely located in New York and Sao Paulo, and was expanded by the arrival of Elena Maria Millerman as co-head of the infrastructure finance practice, who has worked on a number of financings in Latin America. James Florack is co-head of the global sponsor finance practice and head of the Latin America finance group. Based in Sao Paulo for over 20 years, James Vickers has an extensive background in energy and infrastructure finance, covering Brazil, Mexico, Chile, Peru and many other Latin America jurisdictions. Head of the Latin America group, Manuel Garciadiaz splits his time between Sao Paulo and New York, and is noted for structured finance and project financings, alongside his primary area of capital markets work. Maurice Blanco is also based between Sao Paulo and New York, mixing his practice between bank finance and capital markets. Washington DC-based David Penna specialises in energy and infrastructure finance, including acquisition and project financings. Named individuals are based in New York unless stated otherwise.

Praxisleiter:

James Florack


Kernmandanten

Altera Infrastructure


Arcos Dorados Holdings


BBVA Bancomer


BBVA Securities


Banco Nacional De México


Citibank


Citigroup Global Markets


Enel Américas


Grupo Aeroméxico


Grupo Financiero BBVA Bancomer


Integrante Del Grupo Financiero Banamex, División Fiduciaria,


LifeMiles


Natixis, New York Branch


Ocyan


PNC Capital Markets


Payclip


Sociedad Minera Cerro Verde


StoneCo


The Bank of Nova Scotia


Highlight-Mandate


  • Advised Orbia in connection with a new $1.4bn five-year revolving credit facility including dual currency tranches and the possibility for additional borrowers.
  • Advised FIBRA Macquarie México in connection with a $150m seven-year sustainability-linked term loan facility with the International Finance Corporation (IFC) for the development of new green industrial parks.
  • Advised Natura & Co with the chapter 11 proceedings, DIP financing and stalking horse bid of its non-operational subsidiary Avon Products.

DLA Piper LLP (US)

DLA Piper LLP (US) has a large US-based Latin America team based across its New York, Miami, Washington, DC, Los Angeles, San Diego and Houston offices, backed by teams in Argentina, Brazil, Chile, Mexico, Peru and Puerto Rico. It has established expertise in cross-border acquisition finance and project finance in the energy and infrastructure sectors. Mexico and Brazil are its primary markets, though it has a significant presence in Argentina, Chile, Peru, Colombia and Central America, along with the Dominican Republic and Puerto Rico. It now represents a range of borrowers and sponsors, along with banks, DFIs and MLAs. The firm has expanded its presence in acquisition finance and project finance through a series of senior lateral hires in recent years, notably Bruno Soares who joined in February 2024 and has established the firm’s foreign legal consultancy in Sao Paulo. Bank regulatory matters are another strength for the Latin America team. New York-based Margarita Oliva Sainz de Aja is co-leader of the US-Latam finance group and is an experienced figure in project finance for multilateral agencies, commercial lenders, sponsors and project companies; she has played an integral role in developing the team’s connections to European DFIs and MLAs. Robert da Silva Ashley splits his time between New York and Miami, and is a recognised specialist in Latin America project finance and acquisition finance, particularly in Mexico. Puerto Rico-based José Sosa-Lloréns is a leader in banking regulatory matters. Mexico’s Edgar Romo and Chile-based Mauricio Halpern are also key partners.

Praxisleiter:

Francisco Cerezo; Margarita Oliva Sainz de Aja; Edgar Romo; Mauricio Halpern


Referenzen

‘The team was highly competent and could adjust to our specific needs operating in the challenging business environment. Furthermore, the team helped us navigate through all the legal challenges of this process. ’

‘The individuals that worked with us were exceptionally competent, experienced and dedicated into making the process as smooth and efficient as possible for our company. I would like to particularly express our highest satisfaction with Margarita Oliva Sainz de Aja. Her expertise and input were critical to the success of this closing. She was always very dedicated and swift in all her interventions.’

Kernmandanten

Tuhabi


Nordic Trustee


HSBC


Summit Ridge Capital Partners


Grupo INICIA


Xinfra Fibra E


NWI Healthcare Properties


North West Healthcare Properties Real Estate Investment Trust


NWI Brazil Properties


Banco Bilbao Vizcaya Argentaria


Innergex


FMO


KFW


BIO


EDFI MC


Solengy


Highlight-Mandate


  • Advised Tuhabi, the Mexican affiliate of Habi, Latin America’s first unicorn in the PropTech sector, on closing an up to $50m debt facility with IDB Invest, the private sector arm of the IDB Group.
  • Advised a cohort of foreign bondholders represented by Nordic Trustee as priority creditor, in the context of the $472m judicial reorganization of  major Chilean salmon fishing company, Nova Austral.
  • Represented certain affiliates of Putney Capital Management in connection with a $325m multi-currency tranche, senior-secured and widely syndicated credit facility co-arranged by Citigroup Global Markets Inc. and The Bank of Nova Scotia to finance the acquisition of the remaining 50% equity interests in Diaco,  and Gerdau Metaldom.

Latham & Watkins LLP

Latham & Watkins LLP has a tremendous record in energy and infrastructure finance. It continues to be noted for acquisition and leveraged finance operations on behalf of major international banks and remains active in advice to private equity sponsors and numerous Latin American borrowers. The Latin America banking and finance team features a number of Latin American natives, along with a multitude of fluent Spanish and Portuguese speakers. It has a reputation for highly structured financings and hybrid transactions involving bank and bond debt. Digital infrastructure financings, along with special situations and restructurings are also sweet spots for the team. Guido Liniado has a blossoming reputation, particularly in acquisition financings and multi-source financings. Pedro Rufino Carvalho joined the London office from Patria Investments in August 2024, bringing further experience in Latin America corporate transactions, financings and restructurings; he was previously a partner and head of the Latin America practice at Herbert Smith Freehills Kramer LLP. Latin America financing specialist Marcela Ruenes was promoted to the partnership in March 2025, providing additional senior-level experience in private credit and syndicated debt transactions. Washington DC-based Carlos Ardila is another key energy and infrastructure finance specialist. Gianluca Bacchiocchi left the firm in February 2025. Named individuals are based in New York unless stated otherwise.

Praxisleiter:

Antonio Del Pino


Referenzen

‘Technical quality and speed of response.’

 

Kernmandanten

Newmarket Investment Holdings


Almar Water Solutions


Transelec


Sempra Infrastructure Partners


Infraestructura Energetica Nova


Patria Investments


Telefonica


Energy Capital Partners


JP Morgan


BNP Paribas


Itaú Unibanco


Citibank


Natixis


Mizuho


Vitol (VGMobility)


Banco Latinoamericano de Comercio Exterior


ING


Highlight-Mandate


  • Latham & Watkins represented Almar Water Solutions and Transelec on the $673m senior term loan facility and senior letter of credit facility provided by Banco Santander, BBVA, CA-CIB, Intesa, KfW, and Natixis in connection with the Minera Centinela water impulsion system.
  • Advised Energy Capital Partners on the negotiation of a $600m syndicated revolving credit facility and letter of credit in connection with its acquisition of Atlantica Sustainable Infrastructure Plc.
  • Advised Sempra Energy on the third amendment and extension of a $100m revolving credit facility for ECA Liquefaction; the facility is uncommitted, permitting loans in either USD or MXN to ECA Liquefaction on a revolving basis.

Mayer Brown

Mayer Brown has dedicated extensive expertise and resources to the Latin America region through its New York, Chicago and Houston offices, as well as in Brazil through its association with Tauil & Chequer Advogados. It has an established record in energy and infrastructure finance, with a particularly strong reputation in derivatives, other structured finance products, warehouse financing, receivables financing and Diversified Payment Rights (DPR) securitisations. Fintech is another speciality for the team. It has close links to Latin American and international banks, along with a number of DFIs. Douglas Doetsch has vast experience in structured credit transactions and cross-border securitisations, especially future cash flow securitisations. Maria Alevras-Chen is an emerging name in the team with a major focus on Latin America, particularly structured finance and fintech. Born in Argentina, Washington DC-based Gabriela Sakamoto specialises in Latin America project finance and acquisition finance; while Colombia native Juan Pablo Moreno is based in New York and has developed a prolific record in corporate finance, structured finance and project finance across multiple jurisdictions. Named individuals are based in Chicago unless stated otherwise.

Praxisleiter:

Douglas Doetsch


Referenzen

‘Trusted advice’

Kernmandanten

Banco do Brasil


Banco Latinoamericano de Comercio Exterior


Bank of America


Bank of Nova Scotia (BNS)


Citibank


Deutsche Bank


Development Finance Corporation (DFC)


Goldman Sachs


JPMorgan


Norton Rose Fulbright

Norton Rose Fulbright is unique in having a large team of banking and finance specialists based in Sao Paulo. The wider group is spread across Mexico City, New York, Houston and Washington DC, the latter office having a pivotal role in representing DFIs and MLAs. The large department covers a broad variety of transactions, from acquisition finance to aviation finance, project finance, structured trade finance, and restructurings. It is also close to large number of international banks, Latin America-based banks, DFIs and MLAs. In Washington DC, Marissa Leigh Alcala is relationship partner for DFC, which frequently brings her into Latin America financings. New York’s Todd Alexander has a background in Latin America financings, including recent deals in Argentina, Chile and Mexico. Raquel Bierzwinsky splits her time between New York and Mexico City, maintaining a major focus on the Mexican power market. The large Sao Paulo office has a primary focus on banking and finance and restructuring work with Charles Johnson (based there since 2002) having an outstanding reputation; he is backed by a team including Michael McCourt, Daniel Spencer, Silvia Fazio, newly promoted partner José Cobeña and counsel Diego Brandão. All named individuals are based in Sao Paulo unless stated otherwise. Sarah Devine has left the firm.

Praxisleiter:

Charles Johnson; Raquel Bierzwinsky


Referenzen

‘NRF’s advice on international financing of energy and infrastructure projects is comprehensive and high-quality, and the tax team is part of the comprehensive advice we require from our external lawyers.‘

‘Experience in complex transactional matters. The fact that we had transaction precedents that served as a basis for making an informed decision on associated risks and that guided us in conveying that analysis to the commercial level and to internal risk review bodies.‘

‚The firm has provided high level legal services to Banco Votorantim in legal matters in various jurisdictions. The Brazil team worked very close on those matters, providing us with a very high quality service. The firm was able to work in cases with high complexity and also more ordinary transactions, with competitive fees.‘

Kernmandanten

KfW IPEX


CABEI


Deutsche Bank


Banco del Estado de Chile


BCI


IDB Invest


FinDev Canada


Braskem


Banco Rabobank International Brasil


BRK Ambiental Participações


Vale


Macquarie


Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO)


Société de Promotion et de Participation Pour la Coopération Economique (PROPARCO)


International Finance Corporation (IFC)


Banco Itau BBA


ING Bank


Banco Bradesco


Corporacion Andina de Fomento (CAF)


Ultrapar Participações


Goldman Sachs


JP Morgan


MUFG Bank


Banco Credit Suisse do Brasil


Banco ABN AMRO


Banco do Brasil


BNDES


DNB Bank


Banco BTG Pactual


Sumitomo Mitsui Banking Corporation


Bank of America


Citibank


Banco Citibank


Banco Santander


Suzano


Raizen


Banco XP


Natixis Corporate and Investment Bank (CIB)


Highlight-Mandate


  • Advised Suzano on a $780m sustainability-linked credit facility provided by a syndicate of banks with Credit Agricole as Administrative Agent.
  • Advised a syndicate of lenders (including JPMorgan, HSBC, CACIB and Standard Chartered), on a $800m loan facility to Banco do Brasil, guaranteed by Multilateral Investment Guarantee Agency (MIGA).
  • Advised BRK Ambiental on a cross-border financing from IDB Invest and Proparco to finance the design, construction and expansion of the water and sanitation facilities and services currently operated by BRK Ambiental – Maranhão, in Maranhão (Brazil).

Proskauer Rose LLP

Proskauer Rose LLP has an established presence in Latin America banking and finance, largely driven by its sizeable Sao Paulo office. In Brazil, the firm has three finance partners with Antonio Piccirillo heading the office, while also spending part of his time in New York. The team has extensive expertise in UK and New York law, covering pre-export and trade finance, acquisition finance and project finance, along with syndicated term and revolving loans, and derivatives. It has continued to work on a series of corporate loans, along with headline project financings and other notable transactions. Clients include a range of Latin American corporates, including energy companies, as well as regional and international banks. David Fenwick and Fábio Yamada are also prominent partners in Sao Paulo, along with special counsel Saulo de Padua.

Praxisleiter:

Antonio Piccirillo


Weitere Kernanwälte:

David Fenwick; Fábio Yamada; Saulo de Padua


Kernmandanten

NG Energy International Corp.


Grifols


Sociedad Portuaria Puerto Bahia


Sylvamo Brazil


Cala Morritos Power


Itaú Unibanco


Neoenergia Group


Grupo Nutresa


Gilinksi Group


Excel Credit


Rabobank


Norsk-Hydro Group


Highlight-Mandate


  • Advised Canadian natural gas exploration and production company NG Energy International, which operates in Colombia, regarding a project financing provided by the Macquarie Group and consisting of a loan facility of up to $100m and a letter of credit facility of up to $13.6m.
  • Advised Spanish biopharma comapny Grifols on the partial extension and upsizing of its $300m revolving credit facility through to May 2027.
  • Representing Cala Morritos Power, as borrower, in a $169m project financing of three back-up power plants in Chile (Ovalle, Atacama and Los Lagos regions), arranged by Sumitomo Mitsui Banking Corporation (SMBC).

Simpson Thacher & Bartlett LLP

Simpson Thacher & Bartlett LLP has a sizeable team of true Latin America specialists based across its New York and Sao Paulo offices. Banking and finance transactions are central to the Latin America practice with it continuing to represent major international banks (such as Goldman Sachs and JPMorgan Chase), regional banks, private equity funds, private credit and alternative lenders, along with a range of Latin American borrowers. The practice ranges from syndicated loans and acquisition financings, to structured export financings, securitisations transactions, project finance and out-of-court restructurings. Brazil, Chile, Colombia and Mexico are key markets for the team. Juan Francisco Méndez is a senior member of the practice with an active presence in syndicated loans and acquisition financings. Juan Naveira is close to a number of leading banks and private equity funds. Both partners are based in New York.

Praxisleiter:

Todd Crider; Grenfel Calheiros; Juan Francisco Méndez; Juan Naveira; Paulo Fernando de Menezes Cardoso; Borja Marcos; Gabriel Silva


Referenzen

‚Juan Francisco Méndez, Juan Naveira and Todd Crider are all outstanding.‘ 

 

Kernmandanten

Agro Vision Corp.


Banco do Brasil


Citigroup Global Markets


ContourGlobal


GMG Holdings


Goldman Sachs


Grupo de Inversiones Suramericana


Itau BBA


JPMorgan Chase Bank


SIBA Energy Corporation


Highlight-Mandate


  • Represented Grupo Monge in a term loan facility arranged by Panama’s Banco Latinoamericano de Comercio Exterior  (BLADEX), the proceeds of which will be used to refinance existing debt and to support the growth of the group’s financing services.
     
  • Represented Agrovision in a $230m senior secured term loan and a $150 million senior unsecured revolving facility, the proceeds of the financing will be used to fund the company’s expansion and innovation plans, for working capital purposes and to refinance it’s existing debt.
  • Represented the joint bookrunners and other lenders, in a $350m export prepayment secured term loan facility extended to Brazilian pulp producer LD Celulose.

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden, Arps, Slate, Meagher & Flom LLP has a long-established Latin America group with a deep presence in Mexico, Brazil and across the region. It has close connections to corporates and private equity funds, along with investment banks, commercial banks, private equity sponsors, hedge funds and other financing sources. It remains active in syndicated loans, acquisition financings and project financings. ESG and sustainability-linked loans are an additional strength for the Latin America team. Alejandro González Lazzeri has a prolific record in Latin America financings, both for lenders and borrowers, and he is backed by Jose Nicolas Perez-Sierra at counsel level. Both are based in New York and teamed up to advise Exhibidora Mexicana Cinépolis (and other borrowers and guarantors) on a $1.29bn dual-currency (with a US dollar tranche and Mexican peso tranche) senior unsecured term loan facility.

Praxisleiter:

Alejandro Gonzalez Lazzeri


Highlight-Mandate


  • Represented Banco Itau Paraguay and Cooperative Rabobank UA, as joint lead arrangers and joint bookrunners on Agrofertil and Tecnomyl’s senior secured credit facility for an aggregate principal amount of up to $125m.
  • Represented Exhibidora Mexicana Cinépolis (and other borrowers and guarantors) in a dual-currency senior unsecured term loan facility for an aggregate principal amount of up to $1.29bn, comprised of U.S. dollar-denominated and a Mexican peso-denominated tranches.
  • Represented Macquarie Bank (as administrative agent, collateral agent, hedging provider, issuing bank and sole lead arranger and bookrunner) in Canacol Energy’s senior secured term loan facility for an aggregate principal amount of up to $75 million.

Arnold & Porter

Arnold & Porter's esteemed Latin America group is widely recognised for sovereign finance, including the financing of major infrastructure projects, although it has greatly expanded and diversified its banking and finance practice in recent years. The team has developed further prominence in corporate and agency lending, representing a range of commercial banks, agencies and multilaterals, borrowers and sponsors. It has also emerged as a force in derivatives, securitisations and structured finance, including diversified payment rights (DPR) transactions. The firm is further noted for representing sovereign states in connection with the restructuring and insolvency of local corporates. Gregory Harrington is a leading sovereign finance lawyer, who frequently advises Latin American banks on transactions and regulatory matters. New York’s Christopher Willott is an experienced banking and finance specialist with an extensive record in Latin America lending and project finance transactions. Whitney Debevoise is another immensely experienced sovereign finance specialist. Named individuals are based in Washington DC unless stated otherwise.

Kernmandanten

Republic of Colombia


Ministry of Economy and Finance of the Republic of Panama


Banco de Credito del Peru


Ad hoc Board of Banco Central de Venezuela


Ministry of Economy and Finance of the Republic of Panama


Various Latin America Bbanks


Honduras/ENEE


BTG Pactual


BTG Pactual Chile


Asian Infrastructure Investment Bank


Auren Energia


Highlight-Mandate


  • Advise the Republic of Panama (via the Ministry of Economy and Finance), on the financing of the construction of the fourth bridge over the Panama Canal. The financing consisted of a short-term and a permanent financing transaction.
  • Advised the Central Bank of Brazil in regard to MSFTA, GMRA and swap transactions as part of its management of $370bn of external reserves.
  • Representing the ad hoc Board of Banco Central de Venezuela in connection with the early termination of a gold swap, including litigation in London between rival boards of directors of BCV appointed by the opposition and Nicolas Maduro, respectively.

Baker McKenzie LLP

Baker McKenzie LLP has continued to develop its standing in restructurings, bank loans and direct lending. The Latin America team, with its now established New York group led by the eminent Michael Fitzgerald, has a major presence in credit facilities and restructurings in Mexico, including Chapter 11 filings. The US-based group has close connections to banks and direct lenders, although it is now working with a growing number of regional corporates thanks to its collaborative efforts with the firm’s Latin American offices. ESG and sustainability-linked loans also continue to be a strength for the team. It has an especially notable record in the real estate sector, especially in Mexico. Along with Mexico, the team is also active in the Colombia, Brazil, Argentina and Peru markets, among others. Joy Gallup is noted for cross-border debt restructurings and liability management exercises, along with Arturo Carrillo. Steven Sandretto plays a pivotal role on Brazil financings. Named individuals are all based in New York.

Praxisleiter:

Michael Fitzgerald


Referenzen

‘Efficient, precise, knowledgeable, friendly.‘

‘Solid and creative.‘

 

Kernmandanten

Bank of America, Citibank, JP Morgan, Santander


Credivalores


Energía Renovable de la Península


Industrias Unidas


ResponsAbility Sustainable Food – Latam


Highlight-Mandate


  • Representing Credivalores in connection with amendments, restatements and waivers to a $50m credit agreement of Patrimonio Autónomo, Credivalores and UBS Gramercy, guaranteed by Credivalores; the amendments and waivers are a critical component for the company’s Chapter 11 prepackaged restructuring of Credivalores’s outstanding international bonds.
  • Represented  Energía Renovable de la Península, a Mexican borrower, in connection with a $200m credit facility as part of the financing of a wind farm in the province of Yucatan, Mexico.
  • Represented investment fund ResponsAbility Sustainable Food – Latam I, in connection with a senior secured term loan to Colombian fruit company, FLP Global.

Dechert LLP

Dechert LLP has a longstanding presence in Latin America financial restructurings and insolvencies. It has a fine record in Mexico, Brazil, Chile, Argentina and Puerto Rico, among other markets. It continues to represent ad hoc groups of bondholders, ad hoc groups of lenders and unsecured creditors’ committees in major restructurings across the region. The firm acted for the PREPA Ad Hoc Group, formed in connection with the Title III reorganisation of the Puerto Rico Electric Power Authority (PREPA). It has also built a significant reputation advising on debtor-in-possession financings. Allan Brilliant is co-chair of the global financial restructuring practice and has an extensive record in Latin America matters. David Herman is another senior practitioner who represents debtors, official and ad hoc committees, creditors, asset acquirers and other interested parties in Chapter 11 cases and in sovereign and governmental debt restructurings. Associate Isaac Stevens is another key team member. Named individuals are all based in New York.

Praxisleiter:

Allan Brilliant


Referenzen

‘Dechert is a law firm that combines both a deep knowledge of banking and finance issues, along with a practice approach to the client’s needs. The combination of a highly qualified practice in banking and finance and litigation, offers the client a strong capacity to resolve its issues. ’

‘The team is highly experienced and knowledgeable. They have impressive delivery, are always available and maintain a high standard in all work.’

I worked with Dechert on the insolvency proceedings of WOM, a large telecommunications company. I served as WOM’s local attorney in Chile, and Dechert served as US counsel for WOM’s most significant creditors. I was impressed by the professionalism and business acumen of the Dechert team.

Kernmandanten

Ad hoc group of secured and unsecured bondholders of GOL Linhas Aéreas Inteligentes


Ad hoc group of lenders to Tupperware Brands Corporation


Ad hoc group of bondholders of WOM


Alden Global Capital


Banco BTG Pactual


Bci Asset Management Administradora General de Fondos


BICE


CarVal Investors


Cinépolis de México


Citadel


Chubb Seguros Peru


Crown Holdings


EB Capital


Compañía Cervecerías Unidas


CorpGroup


Transelec


Grupo Sordo Madaleno


Grupo LALA


Grupo Movile


iFood Holdings


Itau Unibanco


JIVE


Laguna Dairy


Official Committee of Unsecured Creditors of LATAM Airlines Group


Oro Negro rig owning entities


The PREPA Ad Hoc Group


Republic of Ecuador


XP Investimentos


Highlight-Mandate


  • Representing the PREPA Ad Hoc Group formed in connection with the Title III reorganisation of the Puerto Rico Electric Power Authority (PREPA), one of several debtors in the Commonwealth of Puerto Rico Title III cases and related litigation.
  • Advised the ad hoc group of secured and unsecured bondholders of GOL Linhas Aéreas Inteligentes in connection with its $1.6bn combined liability management and new capital financing transactions.
  • Advising the ad hoc group of bondholders of Chilean telecommunications provider WOM, in connection with it’s Chapter 11 filing (the engagement began in December 2023 in connection with a possible out of court restructuring).

Greenberg Traurig, LLP

Greenberg Traurig, LLP's Latin America banking and finance practice handles a strong mix of transactional and regulatory matters. The transactional practice covers syndicated loans through to structured finance with an emphasis on acquisition and leveraged finance, along with project finance; the team has also worked on a number of diversified payment rights (DPR) deals. As regards financial regulatory and compliance matters, the firm has further grown its presence in licensing, chartering and partnerships, as well as remittances, digital wallets and lending products. It has experienced further growth in advising international banks on developing their operations and services in Latin America, and has assisted a series of Latin America-based financial institutions to establish a presence in the US. Emilio Alvarez-Farré is a Latin America specialist with a primary focus on financing transactions. Marina Olman-Pal is co-chair of the financial regulatory and compliance practice, and has a major emphasis on Latin America. Both are based in Miami.

Praxisleiter:

Antonio Peña; Marc Rossell; José Raz Guzmán


Weitere Kernanwälte:

Emilio Alvarez-Farré; Marina Olman-Pal


Kernmandanten

Gasoducto de Zaplotanejo


MRO Holdings


Major British Bank


Major Florida Real Estate Developer


Major Cosmetics Distributor


Major Guatemalan Bank


Gasoducto de Zaplotanejo


MRO Holdings


Major British Bank


Major Florida Real Estate Developer


Major Cosmetics Distributor


Major Guatemalan Bank


Highlight-Mandate


  • Represented Mexican natural gas transportation company GAZA, as borrower, in an approximately $115m secured syndicated credit facility – arranged by Sumitomo Mitsui Banking Corporation – to finance the operation and maintenance of three gas transmission pipes in Mexico. .
  • Represented MRO Holdings in connection with a $270m preferred minority equity investment made by Bain Capital, structured in two parts to comply with Mexican antitrust requirements.
  • Representing a major Guatemalan bank, as originator and servicer, in connection with the securitisation program of its diversified payment rights (“DPRs”).

Holland & Knight LLP

Holland & Knight LLP has large and highly-credible Latin America practice, which includes a heavy diet of banking and finance engagements. It has an extensive record in corporate financings, project financings, and restructurings and insolvencies. The Latin America banking and finance team is especially known for syndicated loans, acquisition financings and project financings, along with structured finance and securitisations. Its clients include a long list of commercial lenders, ECAs, development banks, developers and corporate borrowers. Moreover, it has a thriving relationship with IDB Invest for which it has closed a series of financings across Latin America. New York-based Stephen Double's practice spans capital markets and debt finance, including syndicated lending, acquisition finance and structured finance. The highly experienced Norberto Quintana (based in New York and Washington DC) is rated for energy and infrastructure project financings, as is Lara Rios (New York and Miami), who is taking increasingly prominent roles in major deals. New York associate Maria De Bedout is also a key member of the team. Washington DC-based Tadeo Martinez joined the firm from Inter-American Development Bank in September 2024.

Praxisleiter:

Stephen Double; Norberto Quintana


Weitere Kernanwälte:

Lara Rios; Maria De Bedout; Tadeo Martinez


Referenzen

‘It delivers an excellent level of service.‘

‘Availability to review topics when needed.‘

This firm serves as the Bank’s designated legal counsel for all transactions conducted outside of Panama under U.S. law. Their deep specialization in international banking contracts, combined with sharp insight into the applicable legal framework and market dynamics, makes them an invaluable partner in cross-border matters. They have consistently advised us on high-value transactions, demonstrating their strong capacity to lead complex, multi-bank operations with professionalism, technical expertise, and strategic coordination.

Kernmandanten

Inter-American Investment Corp.


Sumitomo Mitsui Banking Corp.


Inter-American Investment Corp.


Ceramica


Banco Pichincha Colombia


Banco Santander


BBVA


Citigroup


The International Finance Corp.


Contugas


Banco Multiva


Highlight-Mandate


  • Advised Mexico-based Internacional de Ceramica in connection with a $665m syndicated loan, which was divided into a $600m 18-month tranche and a $65m30-year revolving credit facility.
  • Advised Inter-American Investment Corp. (IDB Invest) in connection with six significant financings (aggregate value approx. $543m) of sustainable businesses and projects with the aim of achieving financial results while maximizing economic, social and environmental development in Latin America.
  • Advised Banco Santander, BBVA and Citigroup (as joint lead arrangers), and the IFC (as parallel lender and sustainability coordinator), in connection with a $545m global syndicated sustainable credit facility for Meixco-based industrial real estate company Corporación Inmobiliaria Vesta.

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP has a long history in syndicated and bilateral loan facilities, particularly in Brazil, although Mexico is another key market for the Latin America team. It has extensive experience in acquisition financings, trade finance, project finance and financial restructurings. It also has a strong focus on aviation finance. With a largely lender-driven practice, the Latin America team advises the likes of Credit Agricole Corporate and Investment Bank, which it represented in a large sustainability-linked credit facility for Suzano. Sustainability linked loans have become a common feature of the practice in recent times. Emilio Saiz is chair of the Latin America group and managing partner of the Miami office. Mark Denham has a background in Brazil and has advised on multiple financings in the aviation industry.  The October 2025 hire of Andrés Berry, as a partner, from Clifford Chance further strengthens the team; he typically advises corporates, sponsors and financial institutions on financing transactions.

Praxisleiter:

Emilio Saiz


Weitere Kernanwälte:

Mark Denham


Kernmandanten

Credit Agricole Corporate and Investment Bank


Highlight-Mandate


  • Represented Credit Agricole Corporate and Investment Bank  (as administrative agent and sustainability agent), and a group of 10 lenders in a $780m sustainability-linked credit facility for Suzano.

Hunton Andrews Kurth LLP

Hunton Andrews Kurth LLP has an impressive background in representing international banks and multilateral development banks in large and mid-cap financings in Latin America. Regular clients include IDB Invest, Inter-American Development Bank and International Finance Corporation. The Latin America team also advises a number of Latin America-based banks and financial institutions, and is additionally noted for sovereign loans and lending to Latin America banks themselves. The firm has impressive geographic coverage and has achieved further prominence in green financings and sustainability-linked loans. Fernando Alonso is chair of the Latin America group, a versatile practitioner with a long track record in major Latin America financings, along with banking and financial institutions M&A. Washington DC-based Vera Rechsteiner is a prominent figure in energy and infrastructure financings, representing a range of commercial lenders and multilateral development banks. Uriel Mendieta is another key figure in infrastructure financings, including subsea fibre optic cable systems and broader digital infrastructure transactions. Also in Washington DC, Alejandro Silva has made a valuable contribution to the team’s standing, and is particularly noted for multilateral development bank financings in Latin America. Named individuals are based in Miami unless stated otherwise.

Praxisleiter:

Fernando Alonso


Referenzen

‘Hunton Andrews Kurth stands out for its comprehensive and specialised approach to legal advisory services, combining deep industry experience with an innovative, client-oriented focus.‘

Kernmandanten

Inter-American Investment Corporation (IDB Invest)


Inter-American Development Bank


International Finance Corporation


United States International Development Finance Corporation


Corporacion Interamericana para el Financiamiento de Infraestructura (CIFI)


Deutsche Investitions-und Entwicklungsgesellschaft (DEG


Banesco (Panama)


Sucro Can Sourcing


Randon S/A Implementos e Participações


Promerica Financial Corporation


Leader Global Solutions


European Investment Bank


Blue Orange Capital


Highlight-Mandate


  • Represented the Inter American Development Bank and the European Investment Bank (EIB) as guarantors in the refinancing of $293m of public debt owed by the Government of Barbados.
  • Advised Sucro Can Sourcing, as borrower, with respect to an amendment to and upsizing of the existing $225m syndicated, uncommitted credit facility with Coöperatieve Rabobank.
  • Represented the United States International Development Finance Corporation in connection with a $60m senior, unsecured, corporate finance loan to Banco de América Central, and a $6m loan to Flexiplan.

Morgan, Lewis & Bockius LLP

Morgan, Lewis & Bockius LLP remains well-known for bilateral and club loans in Brazil, Mexico and across Latin America. Many of these are mid-market financings, particularly trade and pre-payment deals. It has an established record in acquisition and leveraged finance, debt restructurings and has emerging presence in litigation funding. Debt private placements and securitisation are also sweet spots for the Latin America team, which often works alongside colleagues from across the firm. The group has close connections to major commercial lenders including various HSBC operating companies and ING. It also has strong relationships with creditors in significant debt restructurings. New York partner and co-chair of the firm’s Latin America practice, Thomas Mellor is a hugely experienced global finance lawyer with a substantial focus on the region, traditionally Brazil, but now with a real geographic spread; along with bank lending, Mellor is also a prominent figure in litigation funding across Latin America. Houston’s John Crespo, Humberto Padilla Gonzalez and Felipe Alice are also key figures in energy and infrastructure finance; while Washington DC partner Ulises Pin is noted for financings in the TMT sector (including submarine cable projects), and is a growing force in the wider digital infrastructure sector.

Praxisleiter:

Thomas Mellor


Kernmandanten

HSBC US


HSBC Mexico


HSBC


HSBC UK


HSBC Bermuda


HSBC Singapore


HSBC Hong Kong


ING


National Bank of Kuwait


Prudential


MetLife


Teachers


Bank of America


Fuyo Leasing


SMBC


Norinchukin


Cerberus Capital Management


Credit Suisse


Deutsche Bank


Highlight-Mandate


  • Represented ING Capital (as arranger, agent, and lender) in a club transaction (including Banco Itau and CIFI) in negotiating and closing a highly structured $80m leveraged acquisition finance loan, the proceeds of which were used by equity sponsors Blackstone and Riverwood to purchase Argentine telecom services company CPS Comunicaciones.
  • Represented CEMEX Corp., as US counsel, in a MX$10bn variable rate note transaction under Mexican law.
  • Representing the Official Committee of Unsecured Creditors in the bankruptcy proceedings of Chilean financial holding company Corp Group Banking, which owns minority stakes in Chilean and Colombian banks, and which filed for bankruptcy protection amid talks to restructure nearly $2bn in debt.

Winston & Strawn LLP

Winston & Strawn LLP has continued to expand its presence in financings, financial services and fintech. Its sizeable team, located primarily in New York, Miami and Sao Paulo, brings extensive expertise to the market. From its large Miami office, the firm is at the forefront of advising fintech businesses in Latin America. The Miami team is also rated for cryptocurrencies, blockchain and digital assets, along with general financial-services regulatory issues. Moreover, the firm’s large corporate client base in Latin America frequently requires financing advice. Brazil, Mexico and Chile are prime markets for the financing side of the practice. The vastly experienced Talbert Navia leads the Latin America team from New York and has a background in multiple areas, including financings. New York's Claude Serfilippi is noted for capital markets, securitisations, future flow transactions, and other structured financing transactions. Carl Fornaris is co-chair of the financial services group and co-chair of the digital assets and blockchain technology team, maintaining a strong focus on Latin America. Los Angeles partner Francisco Flores has had a significant role in developing the firm’s Latin America finance and structured finance practice. Rodrigo Carvalho is managing partner of the Sao Paulo office, has strong connections to international and regional lenders, and has a major presence in corporate and project financings, including green and sustainability-linked financings. Chair of the projects practice, Richard Puttré is a big name in project finance, especially in the renewables and infrastructure sectors. Named individuals are based in Miami unless stated otherwise.

Praxisleiter:

Talbert Navia


Kernmandanten

Suministradora de Buses K Cuatro


Sociedad Química y Minera de Chile


Total Play Telecomunicaciones


Enel Generación Chile and Enel Green Power Chile


Safra Bank


BMG


Maha Energy


Banco Genial


Nomad


Raizen Energia


Nueva Elektra del Milenio


Highlight-Mandate


  • Advised Suministradora de Buses K Cuatro on a $344m financing package for an electric bus fleet in Santiago, Chile.
  • Represented Raizen Fuels Finance in connection with a €200m SACE Covered Facility Agreement with BNP Paribas, BNP Paribas Fortis and Credit Agricole Corporate and Investment Bank.
  • Represented Enel Generación Chile and Enel Green Power Chile in the sale of receivables by both entities, alongside 24 other Chilean generation companies, to IDB Invest for $2.4bn, followed by a securitisation transaction.

CMS

CMS has a multi-office strategy in Latin America with other offices, particularly London, linking into the regional practice. In Latin America itself, the firm has offices in Chile, Colombia, Mexico, Peru, and Brazil. The Latin America team has an excellent record in acquisition financings, along with project finance and receivables-based credit agreements. It represents a range of regional banks and financial institutions, as well as international lenders (including multilateral development banks), corporate borrowers, and financial sponsors. Enrique Vergara was promoted to the partnership in Santiago in April 2024, where he works alongside the highly rated Jorge Allende Destuet. Miguel Viale is a key figure in Lima, with Giancarlo Schievenini having a strong reputation in Mexico City. Daniel Rodríguez is a standout practitioner in Bogota, along with Sergio Rodríguez-Azuero. Diego Peschiera and Fernando De Cárcer have left the firm.

Kernmandanten

AKA Bank


Banco Aliado


KKR


OnNet Fibra


IDB Invest


Deutsche Investitions- und Entwicklungsgesellschaft (DEG)


Banco Latinoamericano de Comercio Exterior (BLADEX)


Agence Française de Développement (AFD)


BBVA NoBanco Santander


Banco Interamericano de Finanzas


Highlight-Mandate


  • Advised OnNet Fibra on M&A and financing matters related to the acquisition of the right to operate the existing fibre optic network of Claro and VTR, comprising the primary fibre-to-the-home (FTTH) and distribution networks, and the primary fibre optic network for P2P services.
  • Advised the Inter-American Development Corporation (IDB Invest) in connection with a syndicated sustainable/green senior secured loan (with a $53m tranche and a COP$60bn tranche), granted to Finanzauto.

Cuatrecasas

Cuatrecasas maintains strong teams in Chile, Colombia, Mexico and Peru. Its banking and finance practice ranges from corporate finance, structured finance and real estate finance to asset finance, leveraged and acquisition finance, project and infrastructure finance, and financing and debt restructuring. It has worked on a series of headline acquisition financings, refinancings and project financings in recent times. Clients include a sizeable number of regional and international banks. It also advised EdgeConneX Chile on a $200m refinancing. Bogota partner Manuel Quinche is noted for acquisition finance, structured finance and project finance. Roberto Guerrero and Macarena Ravinet are prominent practitioners in Santiago, as is Alfonso Ugarte, who recently returned from an extended stint at the firm's New York office. León López has a key role in Mexico City; while in Lima, Aldo Reggiardo is another established name. In Madrid, Carlos Lasarte has a focus on Latin America having previously practised in the region.

Praxisleiter:

Manuel Quinche


Kernmandanten

EdgeConneX Chile


Bancolombia


Scotiabank


Banco BTG Pactual Chile


Banco Santander-Chile


Finanbank


Aprovisionadora Global de Energía


Stracon


Inversiones CMPC


GR Cortarrama


Banco de Crédito del Perú


Itaú Corpbanca Colombia


Highlight-Mandate


  • Advised EdgeConneX Chile on a refinancing transaction entered into with Natixis and Société Générale as creditors.
  • Advised Grupo Ransa (HIG Capital) on structuring and negotiating the financing granted by Banco Santander and Bladex, which required coordinating 9 jurisdictions, to acquire the TCF Group.
  • Advised Bancolombia and Scotiabank on a financing transaction granted for Andean Tower Partners Colombia.

Gibson, Dunn & Crutcher LLP

Gibson, Dunn & Crutcher LLP's Latin America team has a fine reputation in energy and infrastructure finance, including financings relating to public-private partnerships in the transport infrastructure segment. The group is also active in debt financings, including private credit financings, to Latin American energy and infrastructure businesses. It advised subsidiaries of Frontera Energy Corporation, as borrower and guarantors, on a $120m term loan to refinance existing indebtedness of Sociedad Portuaria Puerto Bahía. Tomer Pinkusiewicz is co-chair of the Latin America practice and an experienced figure in energy and infrastructure finance. Toren Murphy focuses on transportation infrastructure financings and has a sizeable focus on Latin America. Both partners are based in New York.

Praxisleiter:

Tomer Pinkusiewicz


King & Spalding LLP

King & Spalding‘s Latin America banking and finance practice is largely centred in Miami, where the team has a major focus on infrastructure and telecoms financings. Moreover, the group is noted for project and acquisition financings connected to large energy and infrastructure projects throughout LatinAmerica; this includes private placements and sustainability-linked facilities. The team represents a range of sponsors and developers, structuring banks and lenders. Fradyn Suárez is a prominent practitioner in infrastructure, telecoms and hospitality sector financings throughout the region; she has strong links to international lenders and a number of borrowers/sponsors. Jessica Mendoza was promoted to the partnership in January 2025, bringing further high-level expertise to the senior ranks. Both partners are based in Miami.

Praxisleiter:

Fradyn Suárez


 


Kernmandanten

Millicom International Cellular


BBVA Securities


Oppenheimer & Co


Highlight-Mandate


  • Advised BBVA Securities and Oppenheimer & Co in connection with the offering of $300m aggregate principal amount of 11.000% Senior Secured Notes due 2031 by a trust created under the laws of Mexico to hold the cash flows of two luxury hotel resorts in Cancun, Mexico (Hyatt Vivid and DreamsGrand Island I).
  • Advised Millicom International Cellular on its offer and sale of $450m of 7.375% senior notes due 2032.