‘Able to handle the development of deals quickly and efficiently’, Morales & Besa is sought out by domestic and international banks and financial institutions, as well as major project developers, sponsors and companies, for high-end banking and finance transactions. On the project finance side, the nine-strong team has notable energy and infrastructure sector expertise. It also fields specialists in debt restructuring transactions, acquisition finance, syndicated loans, structured products, corporate loans, derivatives and structured finance. The practice additionally has extensive expertise in regulatory financial matters, including Chile’s Fintech regulations. Recent work for the group includes advising a syndicate of lenders - led by Banco de Crédito e Inversiones - on the financing for the construction and operation of four different hospitals in southern Chile; and acting for Chilean state-owned copper mining company, Codelco, on the €532m financing of the plan to decarbonise it's energy matrix by 2030. José Miguel Carvajal is a longstanding specialist in domestic and foreign loans, project finance, structured financing and bond offerings; and Myriam Barahona, who ’has complete control over the operations she works on’, has a significant track record in banking and finance, project finance and restructuring. In the associate pool, José Manuel Meli routinely advises on banking and finance deals, including project finance transactions.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The banking and finance team is always characterised by its organisational skills, approachability, reasonable prices, and market knowledge.’

  • ‘Their advice in this regard is comprehensive, covering all necessary aspects.’

  • ‘The team is able to handle the development of deals quickly and efficiently.’

  • ‘Clients highlight that the team is led by a woman -Myriam Barahona- and that she includes women leaders in her team.’

  • ‘Myriam Barahona is a team leader who has complete control over the operations she works on, being aware of all the details involved in transactions.’

  • 'Responsibility and experience.'

Key clients

  • Corporación Nacional del Cobre de Chile
  • Bank of America
  • DNB Bank ASA
  • Coöperatieve Rabobank
  • Ingevec
  • Cerro Dominador Inversiones
  • Cerro Dominador CSP
  • Banco Santander-Chile
  • Banco de Crédito e Inversiones
  • Global Infrastructure Partners
  • The Bank of Nova Scotia
  • Scotiabank Chile

Work highlights

Advised Corporación Nacional del Cobre de Chile (Codelco) on the €532m financing of the plan to decarbonise Codelco's energy matrix by 2030.
Advised a syndicate of lenders, led by Banco de Crédito e Inversiones, on the financing of the construction and operation of a public hospitals concession.
Advised a syndicate of local and international financing institutions on approximately $73m funding for the acquisition of an automobile distribution business.

Lawyers

Leading partners

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

Leading associates

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

Practice head

José Miguel Carvajal; Myriam Barahona