The 18-member department at Garrigues Chile advises a genuinely impressive lender-side client roster on the full range of banking and financing work. Recent mandates include the acquisition of financial assets, project finance, restructuring and corporate lending. The Santiago office of the international legal and tax services firm also advises banks and financial institutions on regulatory matters. Highlights include advising SACYR Chile, as guarantor, on a €500m loan granted by Banco Santander, Caixabank and Société Générale to SACYR Spain for infrastructure and concessions projects. Practice head Pedro García Morales is particularly focused on corporate loans, debt restructuring, regulatory issues, and project and structured finance. Providing key support, Jaime de Larraechea‘s practice encompasses corporate loans, project financing and structured finance; and Antonio Morales’ track record covers debt restructuring and project finance (both domestically and internationally). Principal associate Daniel Hernández Z, while more oriented towards capital markets’ work, is nevertheless responsible for the coordination of local and international financing transactions, as well as recurrent advice on regulatory matters and disclosure duties. In the senior associate group, Sebastián Nieme also assists with project finance and debt restructuring; Ignacio Vargas acts for lenders, borrowers and sponsors on asset acquisitions; and Maria Fernanda Jara is experienced in local and international bond issuances, and the regulation of banking and financial institutions. Jara also advises debtors and lenders on corporate finance, refinancing, restructurings, insolvency, and project finance.
Legal 500 Editorial commentary

Key clients

  • Banco de Chile
  • Banco Santander-Chile
  • BCI
  • Banco del Estado de Chile
  • Banco Itaú Chile
  • Scotiabank Chile
  • Banco BTG Pactual
  • Banco BICE
  • Banco Security
  • Banco Consorcio
  • Bank of America
  • Citi

Work highlights

Advised SACYR Chile, as guarantor, on a €500m loan granted by Banco Santander, Caixabank and Société Générale to SACYR Spain for infrastructure and concessions projects.
Advised a lending syndicate of over 30 financial entities on a $995m facility to Aligned Data Centers in relation to its acquisition of ODATA, upsizing the existing facility to $2.25bn.
Advised the lending institutions on the refinancing of a loan for the 'Big 3' portfolio (Quillagua, Víctor Jara and Gabriela Mistral), which will generate over 500MW, plus battery storage, (for an aggregate amount of over $1bn).

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Pedro García Morales

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Antonio Morales

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Maria Fernanda Jara
Sebastián Nieme

Practice head

Pedro García