Larrain y Asociados Abogados' six-member banking and finance team is consistently mandated by banks, brokers and financial institutions and companies to structure syndicated loans. The practice is highly experienced in the financing of public infrastructure (including toll roads, airports and hospitals), energy, petrochemical and mining projects, as well as M&A and aircraft-related financings. Other notable areas are financings via the issuance of guaranteed and secured bonds, and advising foreign and local banks and bank agencies on ongoing issues, reorganisations, bankruptcies and liquidations. Recent highlights include corporate and bilateral loan agreements, and the modification and restructuring of previously-negotiated credits. The group also advised Banco de Chile and Banco del Estado de Chile on the approximately $100m syndicated financing for Red Aeroportuaria Austral Sociedad (a consortium comprising Cointer and Blackrock). The team is co-led by project financing specialist Patricio Montes and Diego Garay, a highly-regarded adviser for capital markets and project finance. The group further includes industrial project finance expert Jorge Granic; and Cristóbal Morandé and Joaquín Larrain, who are also both experienced in project finance. In the associate team, Michelle Inzunza focuses on banking and finance, along with public works concessions, project development, corporate law and real estate.
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Testimonials

Collated independently by Legal 500 research team.

  • ‘Good team of partners.’

  • 'Experience, commitment and efficiency, along with great treament, rapidity and a complete graspo of all relevant aspects.'

Key clients

  • Banco del Estado de Chile
  • Nordex Energy Chile
  • Minera Centinela
  • Banco Santander-Chile
  • Banco de Chile
  • Banco Security
  • Banco BTG Pactual
  • Banco Internacional
  • Penta Vida
  • Compañía de Seguros de Vida
  • Banco de Chile and Banco del Estado de Chile
  • Kiva Refugee Investment Fund

Work highlights

Advised Banco de Chile and Banco del Estado de Chile on the structuring, negotiation and closing of a syndicated financing for Red Aeroportuaria Austral Sociedad Concesionaria for approximately $100m.
Acted as local counsel to Nordex Energy Chile, in relation to the amendment of a € 1.3bn-plus ESG-linked multi-currency guarantee facility agreement of its parent company.
Advised Sacyr Finco (controlled by Spanish group Sacyr) on a €75m financing.

Lawyers

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Leading associates

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Practice head

Patricio Montes; Diego Garay