Garrigues Chile’s capital markets team in Santiago is particularly focused on cross-border work. The group routinely advises international banks on the Republic of Chile’s sovereign bond offerings, as well as corporations’ issuances and debt repurchases. Other key areas are structuring and updating medium-term note programmes, liability management and tender offers, sustainability-linked and green bonds; and restructurings and insolvency-linked transactions. Pedro García specialises in securities, equity matters, liability management, debt restructuring, derivatives, and regulatory issues; while Jaime de Larraechea is experienced in new technology-related capital markets work. In the associate ranks, principal Daniel Hernández assists with debt securities and liability management deals; and senior Maria Fernanda Jara primarily advises on domestic and international bond issuances, and banking and financial institutions’ regulatory issues. Jara also acts for debtors and lenders on corporate finance, refinancings and restructurings.
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Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • Technical and market knowledge, as well as the price-quality ratio, in the service of partner Pedro García and his team.
  • The quality and experience of their lawyers, Pedro Garcia, Daniel Hernandez, and their team, are excellent, which makes operations clean and without subsequent contingencies.
  • In all the financing operations we have carried out together with Garrigues, Pedro García and Daniel Hernández's knowledge of national and US capital market legislation has been essential to the success of the operations.

Key clients

  • Corporación Chilena del Cobre (CODELCO)
  • BBVA Securities
  • Empresa Nacional del Petróleo (ENAP)
  • Falabella
  • Ministerio de Hacienda de la República de Chile
  • AES Andes
  • Banco BICE
  • Banco Security
  • Citigroup Global Markets
  • HSBC Securities (USA)
  • Santander Investment Securities
  • Scotia Capital (USA)
  • Crédit Agricole Corporate and Investment Bank
  • Banco Santander
  • Andean Tower Partners (ATP)
  • Société Générale
  • Credit Agricole Securities (USA)
  • Santander US Capital Markets
  • SG Americas Securities
  • Bank of America (BofA)

Work highlights

Advised the banks on the Republic of Chile’s issuance of sovereign bonds in US Dollars and Euros, which were offered to investors outside of Chile (the total amount of the issuance was equivalent to approximately $3.4bn).
Advised Scotiabank Chile on updating its medium-term notes programme, registered under the United States Rule 144A/Reg. S, for a maximum amount of $3bn.
Advised the underwriters on the $1.5bn offering by Codelco, which was made in two tranches.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Pedro García
Pedro García
Leading associates

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

Daniel Hernández
Daniel Hernández
Maria Fernanda Jara
Maria Fernanda Jara
Practice head

Pedro García