Banking and finance

Barros & Errázuriz

Barros & Errázuriz's sizeable banking and finance practice acts for both lenders and borrowers on high-stakes financing transactions. The group is particularly active in energy and infrastructure project finance deals; and is additionally able to leverage the firm’s strong real estate, energy, environmental and regulatory credentials. Clients further benefit from the firm’s affiliation with the Affinitas network, which fosters collaboration on regional banking, finance and capital markets developments with peers in Colombia, Mexico and Peru. The practice recently advised Ares Management on the negotiation and restructuring of mezzanine credit agreements totalling $280m. Co-leading the team, Francisco De la Barra's track record includes several local and international structured financings of projects; and Enrique Barros V is a corporate and structured finance specialist. The group also showcases veteran banking and finance practitioner Nicolás Balmaceda; Bernardo Simian, an adviser on both bank financings and capital markets deals; and structured and corporate finance expert María Olga Rivera. In the senior associate ranks, Nicole Ubal's practice covers corporate financing, projects finance and refinancing; José Miguel Poblete is experienced in project finance; and Jean Andre Petit focuses on both domestic and cross-border transactions. Former fellow senior Valentina Villalobos moved in-house at Pacific Hydro Chile in October 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Great availability and treatment.’
‘The dedication to its operations is clear.’
‘Availability and experience in the field.’
‘Industry experience and a hands-on approach.’
‘Always available, especially José Miguel Poblete and Francisco de la Barra.’

Key clients

Bank Of Montreal
Ares Management
Grupo Kaufmann
Sk International
Magotteaux Andino
Empresas Iansa
Banco Security
Banco Itaú Chile
Banco De Crédito E Inversiones
Banco De Crédito Del Perú
Familia Gálmez
Administradora De Inversiones Gsi Capital

Work highlights

Advised Bank of Montreal (as lender) on the second amended and restated credit agreement to be entered into by Pan American Silver Corp (as borrower) and BMO (as agent).
Advised Ares Management on the negotiation and restructuring of mezzanine credit agreements for $280m (granted by Ares investment funds to Mainstream Renewable Power Mezzanine Finance DAC).
Advised Kaufmann Group and Andes Motor on the public tender for the provision of electric buses to the Public Transport System of the Province of Santiago and the municipalities of San Bernardo and Puente Alto.