Regularly engaged in some of the most important banking, finance and insurance-related transactions in the Bolivian market, Moreno Baldivieso Estudio De Abogados fields a comprehensive banking practice that covers securitisation of assets, bond issuances and complex loan agreements. IDB Invest was a notable addition to the firm’s ever-growing roster of international banking clients in 2021, and the team also has a diverse range of clients on the borrower side for major projects. Senior partner Ramiro Moreno is a close advisor to a number of domestic banks with whom he has developed strong relationships over decades in the field. He co-leads the department with transactional expert Andrés Moreno, and up-and-coming partner René Claure. Teddy Mercado was raised to the partnership in February 2022 and regularly advises multilateral financial organisations, banks, investment and hedge funds on sophisticated finance transactions. Pamela Muñoz is a contact to note from the firm’s pool of multidisciplinary associates.

The ‘extremely proactive and pro-transaction‘ banking and finance department at PPO Abogados has a strong international focus and its ten-strong team acts for some of the most important international banks and multilateral entities carrying out activities in Bolivia. Its broad offering includes assistance with structured funding, syndicated loans, corporate financing and securities transactions. The team is also a strong choice for capital markets work, where Salomón Eid led advice to Frigorífico Concepción and Frigorífico BFC as borrower and guarantor, respectively, on the issuance on the Luxembourg Stock Exchange of $300m in notes. Carlos Pinto coordinates the practice group and frequently advises international banks on project financing, structured finance transactions, and corporate financing. Lindsay Sykes is the name to note for regulatory matters and is the head of the firm’s compliance department, while senior associate María René Suárez supports on matters with a public law bent. At associate level, Ingrid Reese and Andrea Lizarraga are the standout names.

The client base of Ferrere‘s banking and finance practice has an international flavour typical of the firm, but the firm is also the go-to advisor for domestic bank Banco Ganadero, with which it has strong professional ties. The insurance and reinsurance markets are other notably strong niches for the department; Cargill is a standout new client in that field, instructing the team on a financing in the agriculture sector in 2021. Practice head Diego Villarroel, who was appointed to the partnership in December 2021, oversees the full range of matters and has particularly strong experience in banking regulation, project finance and capital markets deals. Senior associate Natalia Dalenz works with Villarroel on the majority of matters, and José Rivero, who rejoined the firm in August 2021, is the associate-level contact to note.

Debt capital markets stands out as a hallmark strength of Indacochea & Asociados‘s banking and finance practice, and it also acts in regulatory advice, secured and unsecured lending, and a broad range of project financing operations. Practice head Maríana Pereira has developed a strong practice advising on sophisticated financing structures and a swathe of capital markets transactions. Ana Carola Muñoz supports Pereira on the gamut of matters and is one of the up-and-coming figures in the market. Alonso Indacochea leads financing transactions for domestic and international clients and has notable experience in debt refinancing, capital increases and credit lines with major financial institutions. At the associate level, Maria Laura Paz and María José Martinez are the names to note. Since publication, Martínez has been raised to the partnership - effective as of March 2023.

Becerra de la Roca Donoso & Asociados S.R.L.‘s banking and finance department excels in securing and granting multi-million dollar loans in the energy and natural resources and agribusiness sectors. In these segments, it acts for both major Bolivian and international clients on the lender and borrower side. The team also handles a range of other areas, including a number of recent debt refinancings and liquidations. Mauricio Becerra de la Roca  has 15 years of experience in the practice area and leads the department. Junior partner Manfred Arauz  and senior associate Darío Martínez provide multidisciplinary support.