Distinguishable by its diverse client base formed by alternative lenders, business development companies and private equity companies, Clifford Chance has both a strong national and global practice which involves a notable presence in São Paulo, Brazil. Gary Brooks and Jonathan Zonis in New York are at the helm and offer clients a great deal of experience in representing both issuers and underwriters of high-yield debt in these jurisdictions. The pair is well supported by Hugo Triaca, also in New York, who specialises in cross-border high-yield transactions, a strength of the group as a whole. More broadly, the team’s core strengths lie in secured lending and private offerings, with demonstrable capabilities in excellence in structured and project finance, particularly in sustainable financing.
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Key clients

  • Compañía Latinoamericana de Infraestructura & Servicios S.A.
  • Centrais Elétricas Brasileiras S.A. – Eletrobras (EBR)
  • BofA Securities, Inc.
  • Government of the Democratic Socialist Republic of Sri Lanka
  • Ministry of Finance of the Republic of Trinidad and Tobago
  • US International Development Finance Corporation
  • IDB Invest
  • Corporación Financiera de Desarrollo S.A.
  • Oxford Finance LLC
  • BCP Securities, Inc.

Work highlights

Advised the initial purchasers on Vår Energi ASA's successful return to the US market with a US$1.5 billion dual-tranche senior notes issuance. The offering comprised US$750 million of 5.875% senior notes due 2030 and US$750 million of 6.500% senior notes due 2035.
Advised Banco BTG Pactual S.A. - Cayman Branch, BCP Securities, Inc., BofA Securities, Inc., Credit Agricole Securities (U.S.) Inc. and UBS Securities LLC, (i) as initial purchasers on the Empresa Distribuidora y Comercializadora Norte S.A. (EDENOR)'s offering and issuance of its new 9.75% senior notes due 2030 (the New Notes), and (ii) as dealer managers, in connection with an offer to exchange any and all of EDENOR's 9.75% senior notes due 2025 for additional New Notes.
Advised Compañía Latinoamericana de Infraestructura & Servicios S.A. (CLISA) on its consent solicitation (the Consent Solicitation) directed to holders of its outstanding Step-Up Senior Secured Notes due 2027 (the Notes).
Practice head

Gary Brooks; Jonathan Zonis

Other key lawyers

Hugo Triaca; Trevor Lavelle