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Clifford Chance

RUA HELENA 260, 6 TH FLOOR, 04552-050 SÃO PAULO, BRAZIL
Tel:
Work +55 11 3049 3188
Fax:
Fax +55 11 3049 3198
Email:
Web:
www.cliffordchance.com

Anthony Oldfield

Tel:
Work +55 113019 6010
Email:
Clifford Chance

Work Department

Capital markets, Private equity, M&A corporate, Banking & finance, Energy & resources, Banks, Mining & metals, Resources

Position

Anthony Oldfield's practice focuses on international capital markets transactions involving both debt and equity issues and structured finance products, and cross-border mergers and acquisitions, including takeovers, joint ventures and venture capital transactions.

Anthony has practiced in the firm's London and Singapore offices.


Latin America: International firms

Capital markets

Within: Capital markets

Clifford Chance has broad geographical coverage and wide-ranging product experience. Having once been primarily tied to the Brazilian market, it maintains its significant presence while also having become a key player in key markets such as Argentina, Chile, Peru, Colombia and Mexico. The firm has pioneered a number of growth areas such as green bonds, infrastructure funding through the capital markets, and the recent advent of the FIBRA-E securities structure in Mexico. With its excellent connections to Argentina through a number of senior Argentine lawyers (such as prominent energy and infrastructure finance partner Fabricio Longhin), the firm is at the forefront of a reawakened capital markets segment in the jurisdiction. It also reinforced its capital markets standing with the hire of Argentine native Hugo Triaca from Skadden, Arps, Slate, Meagher & Flom LLP. In Brazil, it continues to advise on an impressive pipeline of deals, thanks to its excellent client portfolio of corporate issuers and banks. The firm also remains at the forefront of project bonds and infrastructure financings through the capital markets and is active in the FIBRA sector, where it continues to leverage its knowledge of the REIT market in the US and its local experience in Mexico. In addition, it has exploited its global expertise in green bonds to lead the market in Latin America: a team led by up-and-coming São Paulo counsel Patrick Jackson advised major Brazilian paper producer, Klabin, on its inaugural $500m green bonds issuance. In another headline deal, the practice group advised state-owned petroleum company Petroperú on its first-ever $2bn international bond offering; this was one of the largest corporate bond offerings in Latin America in recent years. In sovereign work, it also represented Citigroup Global Markets (as lead manager and global coordinator) in four bond offerings by the Republic of Ecuador with an aggregate value of $4.75bn. The team is ‘bigger, more experienced, more creative and more thoughtful’ than competitors, according to one client; others praise the ‘incredibly value-adding service’ that is ‘worth every penny’. Key partners include São Paulo managing partner Anthony Oldfield who has an excellent record in advising Brazilian issuers, and co-head of Americas capital markets Jonathan Zonis who impresses in multiple product and geographic areas, including sovereign bonds. Gianluca Bacchiocchi is a leader in project and infrastructure bonds, and hybrid financings involving capital markets components, while Anand Saha is an experienced Latin America capital markets specialist with an especially strong record in Brazil, where he was based before transferring to New York. Per Chilstrom is another key name, while Jake Farquharson is a prominent partner in the Mexican FIBRA space. Counsel Anja Pfleger Andrade is another pivotal figure in São Paulo. Alejandro Camacho has retired from the partnership.

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Corporate and M&A

Within: Leading lawyers

Anthony Oldfield - Clifford Chance

Within: Corporate and M&A

Clifford Chance has extensive Latin America M&A experience and expertise in both its New York and São Paulo offices. Its significant São Paulo presence has enabled it gain considerable traction on inbound Brazil M&A as well as being at the forefront of a growing number of outbound investments. The firm has worked on a series of Brazilian investments and acquisitions by Chinese and Asian entities, advising CITIC Agri Fund Management, for example, on its $1.1bn acquisition of a portion of Dow AgroSciences’ corn seed business in Brazil. The firm is also increasingly active advising private equity and other funds on their investments in Latin America, and recently advised private equity giant KKR on its acquisition of a stake of up to 40% in telecoms infrastructure owner Telxius, that has extensive assets in Spain, Germany, Peru, Chile and Brazil. ‘A gold standard for responsiveness’, the practice group provides ‘a globalised service’ with ‘strategic vision in conducting negotiations’, ‘business-oriented advice and strong energy sector knowledge’. Moreover, the ‘lawyers have a lot of experience and add value in negotiations’ and give ‘personalised customer service’ and ‘quick answers’. Overall, the team is ‘totally service oriented giving the impression that the client’s business is truly appreciated’, ‘response times are always short’, ‘lawyers have knowledge of the sectors their clients operate in’, ‘partners are always actively involved in the deals from the beginning to the end’ and the firm has ‘a balanced use of experienced staff and more junior attorneys, which results in a fair cost for the client’. São Paulo managing partner Anthony Oldfield is ‘experienced in finding solutions and defending clients’ interests’. David Brinton shows ‘great leadership and charisma’, is ‘always on top of all aspects of all the deals his team is involved in’ and is ‘a commercial and business-oriented lawyer’; noted for energy sector transactions, he led the team that advised Actis on its acquisition of over 1,500MW of solar PV assets from SunEdison in Latin America and the associated establishment of Atlas Renewable Energy, a pan-Latin America renewable energy platform. Newly elected partner Thais Garcia is ‘very thorough, organized and diligent’ and is ‘a welcome addition to the partnership’; a native Brazilian who speaks fluent Spanish, her ‘multiple qualities facilitate the deal process’ noted one client. Madrid partner Javier Amantegui is also experienced in M&A and investments involving Latin American assets.

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