‘Known for its in-depth knowledge of the Chilean capital markets’, Garrigues Chile's large 18-strong team consistently acts on significant bond issuances in Chile, as well as Chilean companies’ overseas issuances. Recent examples includes advising Citigroup Global Markets, Itaú BBA USA Securities and Santander US Capital Markets on the issuance of sovereign bonds by the Republic of Chile, which totalled approximately $2.2bn. It also advised BofA Securities, HSBC Securities (USA), JP Morgan Securities and Société Générale on the Republic of Chile’s issuance of €1.6bn in seven-year euro-denominated social bonds, so as to fund sustainable projects; and advised the underwriters on a $2bn offering by Chilean state-owned copper mining company Codelco, which comprised two tranches. The practice is led by ’outstanding partner’ Pedro García, an expert in debt securities, equity, liability management, debt restructuring, derivatives and regulatory work; Antonio Morales focuses on debt restructuring and project finance; and Jaime de Larraechea is a transactional specialist with experience in capital markets, financings and M&A. At associate level, principal Daniel Hernández's practice covers debt securities, liability management deals and advising domestic and international issuers; and senior Maria Fernanda Jara assists with bond issuances and banking and financial institutions' regulation.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Always available, very responsive, and highly knowledgeable in the industry. They stand out from other firms.’

  • ‘Garrigues is known for its in-depth knowledge of the Chilean capital markets, and is of great support to clients, enabling them to execute various transactions efficiently.’

  • ‘The Garrigues team is diverse, and there is always someone available to address all clients’ concerns.’

  • ‘Garrigues’ lawyers are characterised by their high level of knowledge and expertise, and their excellent willingness to answer any question.’

  • ‘Pedro García is an outstanding partner, Daniel Hernández is an outstanding principal associate, and María Fernanda Jara is an outstanding senior associate.’

Key clients

  • Corporación Chilena del Cobre (Codelco)
  • Plaza
  • Empresa Nacional del Petróleo (ENAP)
  • Falabella
  • Ministerio de Hacienda de la República de Chile
  • AES Andes
  • Caja de Compensación de Asignación Familiar de Los Andes
  • Banco BICE
  • Banco Security
  • Citigroup Global Markets
  • HSBC Securities (USA)
  • Santander Investment Securities

Work highlights

Advised Citigroup Global Markets, Itaú BBA USA Securities and Santander US Capital Markets on the issuance of sovereign bonds by the Republic of Chile (totalling approximately $2.2bn).
Advised the underwriters on the $2bn offering by Codelco, consisting of two tranches of notes due 2036 and 2053.
Advised BofA Securities, HSBC Securities (USA), JP Morgan Securities and Société Générale on the Republic of Chile’s issuance of €1.6bn in seven-year euro-denominated social bonds to fund sustainable projects.

Lawyers

Leading partners

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

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
Maria Fernanda Jara

Practice head

Pedro García