Linklaters LLP's Latin America practice has capital markets offerings at its core. The team has a major focus on Argentina, Chile and Brazil, along with Uruguay and Peru; it is now growing its presence in Paraguay. The team advises both underwriters and issuers, including sovereign and quasi-sovereign issuers, and large multilatinas in Argentina, Chile and Brazil. With a growing focus on sovereign issuances, it advised the Ministry of Finance of Chile on a series of headline transactions including a large SEC-registered notes offering pursuant to its sustainability-linked bond framework. It also advised the underwriters on the Republic of Uruguay’s $1.27bn SEC-registered notes offering. Senior team members are either fluent or native Spanish and Portuguese speakers. Co-head of the Latin America practice Conrado Tenaglia and new counsel Emilio Minvielle, recently hired from Cleary Gottlieb Steen & Hamilton, are both Argentine and are highly-rated for capital markets offerings. Matthew Poulter leads the firm’s São Paulo office, specialising in Brazil offerings and issuances from across the region. Juan Mata has made an impression as the lead associate on many of the team’s key deals. Former counsel Alejandro Gordano left the firm in August 2023. Named individuals are based in New York unless stated otherwise.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Linklaters' capital Markets team is highly equipped with technical, regulatory, legal as well as business knowledge.'
‘Matthew Poulter is an American lawyer who knows and understands Latin American companies.’
‘The Linkalters team is very solid in its practice, and highly empathetic to the needs of a large company. They always try to collaborate and provide support where we are not always focused. They have a great diversity of cultures, both in their London and New York teams, which makes the team even more appealing.’
‘I highlight the solidity of Emilio Minvielle in the matter. In addition to being a great lawyer, he is an excellent person. He never looks tired or stressed, even though we know he is, because the times and needs of our company require it. It is a pleasure to have a person like Emilio, because he is a mix of solidity in the matter with the peace he brings to the client. In addition to this, Emilio is always available, no matter how small our firm's need may be.’
‘The entire Linklaters team is involved in the transaction in a committed manner. Partners actively participate throughout the entire transaction. They are all aligned with having a proactive, practical and decisive approach, which allows the transaction to be closed.’
‘Conrado Tenaglia and Juan Mata have collaborated on different transactions, always being decisive, proactive and efficient.’
Key clients
- Ministry of Finance of Chile
- Bioceres Crop Solutions Corp
- BofA Securities
- Citigroup Global Markets
- Itau BBA USA Securities
- Moolec Science
- Empresa Nacional del Petróleo
- Banco do Brasil
- BNP Paribas Securities
- JP Morgan Securities
Work highlights
Advised the Republic of Chile in connection on its SEC-registered offering of $1.15bn 4.950% notes (due 2036), $1.1bn 5.330% notes (due 2054), and an SEC-registered offering of €750m notes (due 2034).
Represented the underwriters in connection with a $1.27bn SEC-registered offering of notes (due 2033) by the Republic of Uruguay.
Represented Empresa Nacional del Petróleo (ENAP) in its offering of $500m in 6.150% notes (due 2033) under Rule 144A/ Reg S, and the concurrent tender offer for any and all of ENAP’s 4.375% notes (due 2024) and the solicitation of consents to amend the related indenture.
Lawyers
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
Matthew Poulter; Conrado Tenaglia