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AV. APOQUINDO 3721, 14TH FLOOR, CÓD POSTAL 755 0177, SANTIAGO, CHILE
Tel:
Work +562 2367 3000
Fax:
Fax +562 2367 3003
Email:
Web:
www.claro.cl

Rodrigo Ochagavía

Tel:
Work (56 2) 367 3047
Email:
Claro & Cia.

Work Department

Banking & Finance, Capital Markets, Mergers & Acquisitions.

Position

Partner. Significant practice areas include: Banking & Finance, Capital Markets, Mergers & Acquisitions.

Career

Rodrigo Ochagavía has extensive experience in Corporate Finance, including Banking and Finance, Capital Markets, Mergers and Acquisitions and Energy. He has represented a broad range of clients, including lenders, borrowers, purchasers, sellers, governments, investors, financial advisers, issuers, credit enhancers and underwriters. In the energy sector he has represented generators, transmission and distribution companies. He was one of the two most voted Chilean lawyers in a survey conducted by Latin Lawyer in 2003 choosing the twenty best Chilean lawyers under forty years of age. He also has been chosen as one of the leading Chilean practitioners in Banking and Finance, Projects, Energy and Mergers and Acquisitions by Chambers and Partners; in Banking and Capital Markets by Who’s Who Legal; and in Banking and Finance and Mergers and Acquisitions by IFLR. Is a professor of Business Law at the Law School of the Pontificia Universidad Católica de Chile and of Mergers and Acquisitions in the Master in Business Law at Universidad de los Andes. He is a member of the Chilean Bar Association and the International Bar Association. He joined Claro & Cia. in 1997 and became partner in 2001. He was previously with Simpson Thacher & Bartlett in New York, 1996-1997 and Carey & Cia. in Chile,1990-1995.

Languages

Languages: Spanish and English.

Education

LL.M., University of Chicago Law School, Fulbright, Presidente de la República and Pontificia Universidad Católica de Chile Scholarships, 1996. J.D., Pontificia Universidad Católica de Chile,1993.


Chile

Banking and finance

Within: Leading lawyers

Rodrigo Ochagavía - Claro & Cia.

Within: Banking and finance

Regularly acting for both domestic and international banks, Claro & Cia.’s finance ‘group is outstanding’. The team’s experience includes complex syndicated and bilateral loans, public and private securities placements, liability management, securitisations, structured products and operations with derivatives; while the project finance group assists sponsors, financial institutions and insurers with the financing of aviation, maritime and highway infrastructure, mines, oil and gas refineries and telecoms projects. Rodrigo Ochagavía and Ariel Mihovilovic led advice AES Corporation’s local subsidiary, Alto Maipo, and AES Gener (as sponsor), on the $2.2bn development, construction, operational agreements and refinancing of a 531MW hydropower plant and related interconnection and transmission assets. Other key matters included advising EIG Management Company and EIG Andes Financing on a $252m mezzanine senior secured credit facility granted to AME for the development of an LNG project; acting for ITAÚ CORPBANCA in the refinancing of a $465m corporate syndicated loan; and assisting Celeo Redes Operación Chile (an affiliate of Elecnor) with an approximately $600m project bond issuance. Jorge Martín acts for multinational corporations, banks, financial advisers and monoline insurers; José Luis Ambrosy has particular experience in public works concessions in Chile and project matters involving regulatory authorities in the Chilean securities market; andLuisa Núñez, Felipe Larraín, Juan León and counsel Cristián Lagos are also all highly rated.

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Corporate and M&A (including compliance)

Within: Leading lawyers

Rodrigo Ochagavía - Claro & Cia.

Within: Corporate and M&A (including compliance)

Claro & Cia. acts in high-profile transactions for sellers, purchasers, and shareholders; the firm’s representative work includes mergers and combinations, spinoffs, tender offers, and reorganisations. Rodrigo Ochagavía assisted Santa Valeria with the negotiation and execution of a share purchase agreement with Bordeaux Holding, a subsidiary of United Health Group, for the sale of its equity interest in Banmédica, a Chilean public corporation; and Felipe Larraín led advice to Santiago Stock Exchange-listed Hortifrut, a producer and distributor of fresh berries, on the $400m acquisition of the acquisition of the berries business operated by Grupo Rocio in Perú. In other matters, the team acted for The National Association of Professional Football in the sale of sport cable network Canal del Fútbol to Turner Broadcasting System. José María Eyzaguirre B, Matías de Marchena, Luisa Núñez and Hernán Felipe Valdés are highly rated, as are Jorge Martín, Ariel Mihovilovic and Juan León. Counsels Cristián Lagos and Patricio Smart and senior associate José María Eyzaguirre F are also key team members.

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Projects and infrastructure

Within: Leading lawyers

Rodrigo Ochagavía - Claro & Cia.

Within: Projects and infrastructure

Claro & Cia. has very highly-rated project finance and project development practices, which advise on the development, construction, operation, acquisition, disposition, ownership and financing of energy-related and infrastructure projects. Rodrigo Ochagavía and Ariel Mihovilovic acted for The AES Corporation subsidiary Alto Maipo, and AES Gener (as sponsor), in the development, construction and refinancing of a 531MW hydropower plant and related interconnection and transmission assets; the mandate included the negotiation of both the operational and construction agreements. Other key advisers include Luisa Núñez, Nicolás Eyzaguirre, Jorge Martín and José Luis Ambrosy; senior associates to note include Gerardo Otero and Andrea Sougarret.

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Chile: Energy and natural resources

Electricity/oil and gas

Within: Leading lawyers

Rodrigo Ochagavía - Claro & Cia.

Within: Electricity/oil and gas

Widely respected for its energy-sector capabilities, Claro & Cia.’s practice typically represents clients in the development, construction, operation, acquisition and financing of energy and infrastructure projects. Recent mandates saw Rodrigo Ochagavía and Ariel Mihovilovic lead advice AES Corporation subsidiary Alto Maipo, and AES Gener (as sponsor), on all aspects of the development and $2.2bn refinancing of a 531MW hydropower plant and related interconnection and transmission assets; and José Luis Ambrosy and Nicolás Eyzaguirre act for Elecnor-affiliate Celeo Redes Operación Chile in a $600m project bond issue. Ambrosy’s ‘strengths include great knowledge of all the issues involved in the financing of infrastructure projects’. Luisa Núñez and senior associate Gerardo Otero are also highly regarded.

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