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3477 ISIDORA GOYENECHEA AVENUE, 19TH FLOOR, 7550106 LAS CONDES, SANTIAGO, CHILE
Tel:
Work +56 2 2472 7000
Fax:
Fax +56 2 2472 7001
Web:
www.moralesybesa.com

Carlos Silva

Tel:
Work +56 224 727 024
Email:
Morales & Besa

Work Department

Banking and Finance
Corporate
Energy and Natural Resources
Mergers & Acquisitions
Infrastructure.

Position

Mr. Silva concentrates his practice in projects, M&A and corporate matters, with emphasis in the infrastructure and energy sectors. His experience covers a broad range of transactions, including debt restructurings and project financing. He has advised several infrastructure and energy project developers and financial institutions, in structuring, financing and purchasing/selling their projects.

Career

Partner at Morales & Besa (current)
International Associate at Shearman & Sterling (NYC) (1999-2000).

Languages

Spanish and English.

Member

Chilean Bar Association.

Education

Duke University, Law School, Master of Laws (LL.M.) (1999).
Universidad de Chile, Law School, L.C.J.S (1994).


Chile

Banking and finance

Within: Banking and finance

Advising major lenders, borrowers, guarantors and collateral agents, Morales & Besa’s ‘excellent team consistently impresses with its top-level service’. The team acts in a wide variety of banking and financial transactions, including syndicated loans, project finance and restructuring, in sectors such as natural resources, retail, public infrastructure, energy, oil and gas, and utilities. On the non-transactional side, the team assists with licensing, regulatory matters and compliance. Myriam Barahona, whose broad experience covers infrastructure and energy project-finance, bank finance, investment funds and the capital markets, advised Banco de Crédito e Inversiones and Itaú Corpbanca on the restructuring of listed-company Cementos Bío Bío’s current debt and a new facility to finance working capital. Barahona ‘provides good planning from a time and structure standpoint’. Other matters saw the team advise Banco Santander-Chile on the financing of the VAT costs associated with the construction of two wind farms. In other areas, José Miguel Carvajal, who has extensive experience in loans, bond offerings, securitisation, foreign investment and foreign exchange matters, assisted Forum Servicios Financieros, part of BBVA Group, with filing 12 series of commercial papers with the Chilean securities market regulator. Guillermo Morales, Carlos Silva and Matías Langevin are all highly regarded; as is the ‘very savvyEugenio Besa. Ignacio Delpino and Ignacio Menchaca G are key senior associates.

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Corporate and M&A (including compliance)

Within: Corporate and M&A (including compliance)

Regularly acting in private and public acquisitions, Morales & Besa’s practice handles mergers, tender offers, hostile takeovers, and capital markets matters. Recent matters saw Michel Diban lead advice to Accel-KKR group on its $120m acquisition of the I-Med Group; while on the capital markets front Guillermo Morales led on two series of global debt offerings, totalling $1.54bn and €700m (2017), and $2bn and €830m (2018), respectively. In other matters, Macarena Laso acted for Team Foods Colombia, through its Chilean subsidiary BredenMaster, on the sale of its bakery business line to Grupo Castaño. Eugenio Besa and Carlos Silva are additional principal contacts. José Miguel Carvajal - Matías Langevin and Álvaro Barriga, along with senior associate María Teresa Manubens B, are also highly regarded.

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Projects and infrastructure

Within: Leading lawyers

Carlos Silva - Morales & Besa

Within: Projects and infrastructure

Morales & Besaprovides very quick response times and excellent value for money and industry knowledge’. The team advises significant developers, banks and other financial institutions in the infrastructure and energy sectors, handling the structuring and managing of public work concession contracts, the obtaining of authorisations and permits, along with bidding processes and financing transactions. Recent mandates saw Carlos Silva lead advice to Italy’s Astaldi on the public bidding process for a PPP dam in Chile’s Valparaíso region. Myriam Barahona, who ‘has a lot of experience and always resolves problems’, is highlighted; other key practitioners include José Miguel Carvajal - Macarena Laso, Eugenio Besa and Matías Langevin. The partners can also call on a genuinely strong senior associate bench where Sebastián Leyton, Ignacio Delpino, Ignacio Menchaca G, Javier Balbontín H and James Channing E are all noteworthy.

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Real estate

Within: Real estate

Morales & Besa’s recently acted for Banco Bilbao Vizcaya Argentaria (Chile) and Banco Security, as lenders, in CD Las Acacias’ acquisition financing for real estate assets in Santiago; the advice included the due diligence of real estate titles and negotiation of transaction agreements. Carlos Silva and Macarena Laso are highly regarded, as is senior associate James Channing E.

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Chile: Energy and natural resources

Electricity/oil and gas

Within: Electricity/oil and gas

Morales & Besa’s Carlos Silva advises several infrastructure and energy project developers on the structuring and financing of their projects; managing partner Eugenio Besa is also a primary contact for energy matters. Recent matters include advising WPD Chile on structuring wind farm projects; and acting for X-Elio (formerly known as Gestamp Solar) on the negotiation and drafting of interconnection agreements for a photovoltaic (PV) project.

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