Claro & Cia.'s 29-strong banking and financing practice has a strong market reputation for its advice to commercial and investment banks, private equity sponsors, strategic investors, issuers, and borrowers. Delivering ‘prompt, efficient attention with complete knowledge of the issues addressed’, the broad finance practice covers multi-lateral and cross-border financings, project finance and loans, as well as corporate finance, LBOs, working capital facilities and structured financing. In relation to projects, the team comprises experts in hydro, renewables, thermo-electric, combined-cycle power plants, transmission lines, and oil and gas pipelines; and its experience extends to assisting developers with financing, partnerships, and greenfield project-related regulatory issues. Large-value highlights include advising Sociedad Transmisora Metropolitana on a $1.1bn dual-currency secured syndicated acquisition loan to partially finance its $1.5bn acquisition of Enel Transmisión Chile. Focused on the energy, mining, pension, infrastructure and insurance sectors, Rodrigo Ochagavía has deep banking and finance experience; José Luis Ambrosy's practice includes brownfield and greenfield project financing; Jorge Martín is a renewable energy project expert; and Cristóbal Eyzaguirre is a banking law specialist. The practice also showcases project finance practitioner Ariel MihovilovicJosé María Eyzaguirre F, who focuses on cross-border transactions; and M&A head José María Eyzaguirre B, whose practice includes infrastructure project financing. Beyond the partnership, counsel Philippa Cooper (banking and finance, capital markets, project finance and M&A) and senior associate Carmen Luz Chavarría (project finance) provide primary support. Active intermediate associate Rafael Mackay is also noted.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Great dedication and commitment to work; i'd highlight Rodrigo Ochagavía Ariel Mihovilovic  and José Luis Ambrosy.’
  • ‘Jorge Martin: prompt, efficient attention with complete knowledge of the issues addressed’.

Key clients

  • Latam Airlines Group
  • CAP
  • IDB Invest
  • AES Andes
  • SAESA - STM
  • Enfragen - Glenfarne
  • Transbank
  • Compañía Sud Americana de Vapores
  • MUFG
  • Grupo Gloria - Gloria Foods JORB

Work highlights

  • Assisted with the design and implementation of the exit-financing of LATAM Airlines Group.
  • Advised on a $1.1bn dual-currency secured syndicated acquisition loan for Sociedad Transmisora Metropolitana.
  • Advised on a liquidity facility of up to $1.8bn for GenCos.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Rodrigo Ochagavía, José María Eyzaguirre B