Mr Sebastián Vivanco > Baker McKenzie Chile > Santiago, Chile > Lawyer Profile

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

Position

Partner. Mr. Vivanco is the leader of the Banking & Finance Practice Group in Chile.

Career

Mr. Vivanco has 24 years of experience and he specializes in banking regulatory, derivatives, and project financing.

He has a long experience in structuring, negotiating and documenting financial transactions, and tailoring such transactions to clients’ legal, regulatory and business requirements.

Practice Focus

Mr. Vivanco has acted for banks, merchants and other financial institutions, as well as for corporate users of credit in all types of banking and finance transactions and matters in Chile.

Representative Legal Matters:

  • Advised Capstone Copper Corp., as borrower, in the amendment and extension of Capstone corporate revolving credit facility up to USD 600 million with Canadian Imperial Bank of Commerce, The Bank of Nova Scotia, ING Capital LLC, National Bank of Canada, Wells Fargo Bank, N.A., Canadian Branch, Citibank N.A., Bank of Montreal and Royal Bank of Canada (as lenders).
  • Advised Scotiabank Chile in the refinancing of loans granted by Banco de Sabadell S.A., Miami Branch and Scotiabank Chile to Transchile Charrúa Transmisión S.A. and the increase of the loan facility up to USD 115 million. Transchile Charrúa Transmisión S.A. owns and operates the 2x220kV power transmission line with a length of approximately 204 kilometers.
  • Advised PNC Bank, N.A in a USD 6.2 million medium-term loan insured by the Export-Import Bank for the purchase of forklift equipment granted to the Colombian company Royal Rental Colombia S.A.S. and secured by guarantees of Multitecnica S.A. and Arrendamiento de Máquinas Royal Rental S.A.
  • Advised Société Générale, as lender, in a USD 29.5 million refinancing between Su-Bus Chile S.A., one of the operators of the Santiago Public Transportation System, (as lessee) and Arrendamiento Mercantil S.A. (as lessor) of 200 diesel Volvo buses.
  • Advised Natixis, New York Branch (as Coordinating Mandated Lead Arranger, Structuring Bank, Administrative Agent and the Green Loan Coordinator) and Banco Bilbao Vizcaya Argentaria, S.A. New York Branch (as Mandated Lead Arranger) on an approximately USD 146 million credit agreement to finance the development, construction, ownership and operation of the Centella and Tap Mauro power transmission line projects in Chile by Centella Transmisión, S.A., a subsidiary of Ferrovial S.A. The credit facility is intended to be categorized as a green loan in accordance with the green loan principles.

Related Expertise: 

Languages

Spanish - English

Education

  • Carnegie Mellon University (M.S. Public Policy & Administration, summa cum laude) (2003)
  • Pontificia Universidad Católica de Chile (LL.B., magna cum laude) (1997)

Lawyer Rankings

Chile > Banking and finance

(Leading partners)

Sebastián VivancoBaker McKenzie Chile

The six-member banking and finance team at Baker McKenzie Chile is consistently sought out by commercial, merchant and investment banks, as well as corporate users of credit. With ‘absolute availability, quick responses, and in-depth knowledge of local legislation’, the practice has notable expertise in structuring major financial transactions, while clients additionally benefit from the group’s ability to leverage the wider office’s experience in regulatory and tax matters, as well as the firm’s enviable global network. The practice group’s ‘very available lawyers’ are also regularly involved in New York law-governed project and corporate financings. Recent mandates include acting for Banco Bilbao Vizcaya Argentaria, as administrative agent and lender, on the full amendment and restatement of a $238m loan to Financiera de Desarrollo Nacional. Specialised in banking regulatory work, derivatives and project financing, Sebastián Vivanco heads up the practice in conjunction with of counsel León Larrain and experienced partner Jaime Munro, both of whom handles banking and finance matters as part of broader practices. July 2023 saw the team further boosted at partner level with the promotion of banking and finance specialist Cristóbal Larrain, who is known for working with the firm’s New York team on corporate and project financings; at associate level, Jose Ignacio Berner handles acquisition finance, banking and finance, and loans and credit facilities, along with private M&A.

Chile > Corporate and M&A

With ‘a clear understanding of both business and multinational companies’ requirements’, Baker McKenzie Chile‘s 10-strong team acts for local and international clients on regional and multinational cross-border deals concerning Chile; its sector expertise ranges from real estate, insurance and finance, to natural resources, telecoms, energy, technology and consumer products. The group’s coverage encompasses M&A and joint ventures, and its assistance including post-acquisition integration services, due diligence, antitrust clearance, and debt and equity financing. The practice additionally advises on corporate reorganisations, dissolutions and liquidations, privatisations, commercial contracts and corporate governance. The department is co-led by Jaime Munro, whose broad expertise includes private and public M&A, along with venture capital and private equity deals; corporate and company law practitioner Fernando Castro; M&A expert Diego Ferrada; and Sebastián Vivanco, who advises on M&A alongside his banking and finance practice. Also key to the team, Cristobal Larrain (promoted to partner in July 2023) assists with tender offers, auction processes, joint ventures, private equity investments and corporate restructuring; and of counsel Leon Larrain has longstanding transactional experience. At associate level, senior Martin Müller assists with corporate law mandates, particularly corporate compliance and governance; but Verónica Barrios and Macarena Salazar both left the firm during the course of 2023.