The large banking and financing department at full-service firm Claro & Cia. is a go-to practice for creditors, debtors, financiers and agents in relation to the development and implementation of both domestic and international banking and financial deals. The team’s expertise ranges from syndicated loans and LBOs, to structured products, derivatives and financial guarantees; it also demonstrates an enviable energy and infrastructure project-financing practice. Reflecting these capabilities, a stellar-year saw the practice lead advice to LATAM Airlines on its $3.7bn DIP loan agreement, including regional coordination of the matter across eight jurisdictions. Among the group’s several esteemed partners are prominent banking and finance specialist Rodrigo Ochagavía; Cristóbal Eyzaguirre, who assists with banking and finance matters (in addition to complex litigation); Jorge Martín, a specialist in project finance and bank and non-bank financing; and José Luis Ambrosy, whose broad practice covers corporate finance, international financing and capital markets deals. Also integral to the group are project finance lawyer José María Eyzaguirre F and M&A leader José María Eyzaguirre B. Former partner Ariel Mihovilovic left the firm in February 2023 to become a candidate for Chile’s Constitutional Council.

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Testimonials

Collated independently by Legal 500 research team.

'Simply excellent.'
'They are dynamic and understand the needs of business.'

Key clients

Latam Airlines Group
Invercap
JP Morgan Securities
AES Andes
Sumitomo Mitsui Banking Corporation
Enfragen - Glenfarne
X-Elio
Compañía Sud Americana de Vapores
Agrosuper
Atlas Renewable Energy

Work highlights

Lead advisor to LATAM Airlines Group on its $3.7bn debtor-in-possession loan agreement and exit financing (along with certain of its affiliates) for the purpose of emerging from a Chapter 11 reorganisation proceeding in New York.
Advised JP Morgan Securities, Citigroup Global Markets, Santander Investment Securities and SMBC Nikko Securities America on structuring the $1.2bn financing to Alfa Desarrollo for the acquisition of Colbún Transmisión.
Advised JPMorgan Chase Bank, Goldman Sachs Bank USA, Citibank, Bank of America, Natixis (New York Branch), Deutsche Bank (New York Branch) and The Bank of Nova Scotia on the $1bn financing of the acquisition of a data centre business across LatAm by Patagonia Holdco.