Proskauer Rose LLP has an established presence in Latin America banking and finance, largely driven by its sizeable Sao Paulo office. In Brazil, the firm has three finance partners with Antonio Piccirillo heading the office, while also spending part of his time in New York. The team has extensive expertise in UK and New York law, covering pre-export and trade finance, acquisition finance and project finance, along with syndicated term and revolving loans, and derivatives. It has continued to work on a series of corporate loans, along with headline project financings and other notable transactions. Clients include a range of Latin American corporates, including energy companies, as well as regional and international banks. David Fenwick and Fábio Yamada are also prominent partners in Sao Paulo, along with special counsel Saulo de Padua.
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Key clients
- NG Energy International Corp.
- Grifols
- Sociedad Portuaria Puerto Bahia
- Sylvamo Brazil
- Cala Morritos Power
- Itaú Unibanco
- Neoenergia Group
- Grupo Nutresa
- Gilinksi Group
- Excel Credit
- Rabobank
- Norsk-Hydro Group
Work highlights
Advised Canadian natural gas exploration and production company NG Energy International, which operates in Colombia, regarding a project financing provided by the Macquarie Group and consisting of a loan facility of up to $100m and a letter of credit facility of up to $13.6m.
Advised Spanish biopharma comapny Grifols on the partial extension and upsizing of its $300m revolving credit facility through to May 2027.
Representing Cala Morritos Power, as borrower, in a $169m project financing of three back-up power plants in Chile (Ovalle, Atacama and Los Lagos regions), arranged by Sumitomo Mitsui Banking Corporation (SMBC).
Practice head
Antonio Piccirillo
Other key lawyers
David Fenwick; Fábio Yamada; Saulo de Padua