Clifford Chance has a formidable senior bench, spread across its New York and Sao Paulo offices. It continues to advise on a raft of deals spread across Latin America, including Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Mexico, Peru, and other jurisdictions. Its client base ranges from corporate issuers, investors and commercial lenders, to development finance institutions (DFIs) and governments. Jonathan Zonis is the former co-leader of the Latin America group and the Americas capital markets practice; he has an excellent record in sovereign issuances and continues to have a significant focus on Latin America. Hugo Triaca is another established name in high-yield and investment grade debt offerings, equity offerings, and both hybrid securities and liability management transactions. Sao Paulo’s Patrick Jackson covers capital markets, bank lending and liability management transactions; while Mariana Estévez is noted for energy and infrastructure transactions, including project bonds, and hybrid and multi-source financings. Sao Paulo-based counsel Anja Pfleger Andrade is another key member of the team. Named individuals are based in New York unless stated otherwise.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They understand the complexities of the transactions and know how to generate creative ideas to solve problems. They have a very pragmatic and client-focused attitude.'
  • 'They are empathetic to the difficulties we face as bankers in executing transactions and are excellent at resolving issues.’

Key clients

  • Banco Bradesco
  • Banco Santander (Brasil)
  • Barclays Bank
  • BBVA Securities
  • BofA Securities
  • Centrais Elétricas Brasileiras – Eletrobras (EBR)
  • Compañía Latinoamericana de Infraestructura & Servicios (CLISA)
  • Companhia de Saneamento Básico do Estado de São Paulo (Sabesp)
  • Corporación Financiera de Desarrollo (COFIDE)
  • Goldman Sachs International
  • IDB Invest
  • Itau BBA USA Securities
  • J.P. Morgan Securities
  • Murano Global Investments
  • Scotia Capital

Work highlights

Advised IDB Invest as purchaser of record in connection with an A/B purchase facility for up to $2.4bn for the sale and purchase of power tariff receivables issued by the Fondo de Estabilización de Tarifas (Tariff Stabilization Fund) administered by the Chilean Government under Chile's third wave of tariff stabilisation regulations.
Advised Bank of America on a $1bn debt conversion transaction for the Republic of Ecuador, focused on terrestrial conservation in the Amazon basin.
Advised BofA Securities as initial purchaser, in connection with a novel notes issuance by the Republic of El Salvador, consisting of a $1bn aggregate principal amount of 9.25% notes due 2030 and a $1bn reference notional amount of Macro Variable Interest Only Step-Up Notes.

Lawyers

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

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

Jonathan Zonis; Hugo Triaca; Anthony Oldfield

Other key lawyers

Patrick Jackson; Mariana Estévez; Anja Pfleger Andrade