Mr Jaime Munro KC > Baker McKenzie Chile > Santiago, Chile > Lawyer Profile

Baker McKenzie Chile
AVENIDA ANDRÉS BELLO 2457, PISO 19
PROVIDENCIA
SANTIAGO, CÓDIGO POSTAL 7510689
Chile

Position

Local Partner in the Santiago, Chile office. 

Related Expertise

  1. Banking & Finance
  2. Capital Markets
  3. Energy, Mining & Infrastructure
  4. Financial Institutions
  5. Mergers & Acquisitions
  6. Private Equity

Career

Jaime Munro is a transactional lawyer with extensive experience in the areas of private and public M&A, private equity, capital markets, corporate finance, securitizations and major infrastructure projects, advising multinational and Chilean companies. Jaime has presented at a number of conferences on issues regarding M&A, Securitization and Real Estate Investments.

His impressive track record includes advising on several M&A transactions, including public M&A of Dresdner Bank Chile, Farmacias Ahumada, Iansa, Campos and Polpaico. Jaime has been identified as a leading individual in the fields of M&A and Banking and Finance by Legal 500, Best Lawyers and Chambers.

Representative Legal Matters

  • Advised Mantos Copper on the sale of a 30% stake of Mantoverde S.A. to Mitsubishi Materials Corporation, for USD 275 million. This operation, together with the financing for USD 571.6 million, will fully fund the Mantoverde Development Project (MVDP), for a total of USD 847 million.
  • Advised HSBC, as lender, on the USD70 million financing granted to State Grid Chile Investment SpA, to finance part of the acquisition of a 100% interest of Sempra Americas Bermuda II and 56,22% of Sempra International Holdings.
  • Advised Air BP Global Investments, a British Petroleum (BP) group company, in the negotiation and sale of its share stock in Air BP Copec S.A. to Compañia de Petroleos de Chile Copec S.A and the termination of several agreements.
  • Advised LafargeHolcim in the preparation and conduction of a private sales process with a view to selling and disposing of all the shares owned by its subsidiary Holchile S.A. in Cemento Polpaico S.A., a Chilean publicly listed company, which represent approximately a 54.3% ownership interest in the target company, and the subsequent negotiation and closing of an Agreement to Tender and promise to purchase and sell shares with the winning bidder. Value of deal: USD 116 million.
  • Advised Credicorp Capital Asset Management S.A. Administradora General de Fondos in (i) a joint venture with Greystar Real Estate for the acquisition, development, construction and management of residential projects, a business that is relatively new in Chile; (ii) the incorporation and structuring of a public fund for these purposes; (iii) the acquisition of a 12,000 sq. meters land where Clínica Sara Moncada is located in Santiago, in order to develop a project consisting of 4 towers of residential apartments for rent with a total investment of around USD 35 million; and (iv) the negotiation and subscription of a development agreement and other agreements necessary for the acquisition of the property and development, construction and management of the residential project.
  • Advised E D & F Man in connection with two simultaneous tender offers for Iansa and Campos (both Chilean listed companies)
  • Advised Walgreens Boots Alliance in connection with the acquisition Chilean pharmacy chain Farmacias Ahumada (FASA), a listed company valuing approximately USD $638 million.
  • Advises Grupo Security S.A. on a daily basis regarding all B&F and M&A matters.
  • Advised Sierra Gorda SCM, held by Quadra FNX Mining in connection with the negotiation and execution of a 251 MW PPA, a Port Services Contract, Project Financing and other material project contracts.

Languages

Spanish - English

Memberships

Professional Associations and Memberships

  • Chilean Bar Association

Education

  • University of Chicago (LL.M.) (2000)
  • Pontificia Universidad Católica de Chile (LL.B., magna cum laude) (1995)

Lawyer Rankings

Chile > Corporate and M&A

(Leading individuals)

Jaime MunroBaker McKenzie Chile

Acting for both domestic and international clients, Baker McKenzie Chile has over 40 years’ experience in advising on cross-border deals involving Chile – including M&A, joint ventures, and other commercial transactions. During the course of the last year the sizeable practice group has been particularly active in both investment fund structuring and M&A transactions involving substantial industrial and residential real estate components. The teams’ recent track record also includes mandates involving the insurance and finance sectors, as well as ongoing advice to clients from the natural resources, telecoms, energy, technology and consumer products sectors. The practice is co-led by Jaime Munro and Fernando Castro, who ‘do a great job‘; while Diego Ferrada is highly experienced in M&A, including stock and asset transactions, and Sebastian Vivanco‘s broad practice also includes M&A work. At of counsel level, Leon Larrain has over 30 years’ experience in transactional matters. Associates Verónica Barrios, Macarena SalazarCristobal Larrain and Martin Müller are all also active on corporate issues.

Chile > Banking and finance

Baker McKenzie Chile‘s nine-strong multi-disciplinary group is experienced in structuring, negotiating and documenting a broad range of banking, financing and capital markets deals. Its expertise ranges from project finance, corporate loans and refinancing, to acquisition finance, derivatives, securitisations and regulatory advice. The practice’s key figures are Sebastián Vivanco, whose track record includes project finance transactions, including syndicated loan agreements and local security packages; of counsel León Larrain, an expert in telecoms, securities and real estate projects; and corporate finance and securitisation specialist Jaime Munro. Within the firm’s associate ranks, senior Cristóbal Larrain regularly works with the firm’s New York team on corporate and project financings across the Lat Am region; and Jose Ignacio Berner acts for Chilean and international companies on banking and finance matters.

Chile > Capital markets

Acting for financial institutions, issuers, managers and other capital markets-related providers, Baker McKenzie Chile‘s seven-member capital markets department is experienced in tender offer mandates, corporate debt placements and securitisations. It also regularly assists with the regulatory aspects of Chilean securities. The team is jointly led by securities law expert Fernando Castro and Jaime Munro, whose transactional workload encompasses capital markets matters. The practice of associate to note Cristóbal Larrain includes experience in tender offers.

Latin America: International firms > Banking and finance

Baker McKenzie LLP’s prevalence across Latin America, with multiple offices, coupled with an established Latin America-focused team in the US, provides it with genuine credibility and a slew of impressive engagements. It has especially strong banking and finance teams in Brazil, Colombia, Chile and Peru, among other offices. It previously advised Banco Davivienda on the $906m refinancing of the Rumichaca-Pasto 4G toll road in Colombia. Buenos Aires partner Gabriel Gomez Giglio is chair of the Latin America banking and finance team, which includes Juan Carlos de los Heros Echecopar in Lima. Sebastian Vivanco, León Larrain and Jaime Munro are key figures in Santiago, notably for corporate lending and project finance; the firm recently advised the banks on the $146m credit facility to finance the Centella and Tap Mauro power transmission line projects in Chile. Bogota’s Ricardo Trejos Robledo is noted for project finance and acquisition finance. Former Bogota partner Carolina Duque left the firm in January 2023.