Banking and finance

Carey

The sizeable banking and finance team at legal giant Carey has enviable experience in advising creditors, investors and borrowers on high-stakes banking and finance deals. ‘A recognised law firm that stands out for its seriousness, commitment and focus on results’, its track record ranges from secured and unsecured syndicated loans, to derivatives, liability management issues, project finance, and structured product-related transactions. It also acts for several major commercial banks, development finance institutions and multilateral institutions on their day-to-day banking and finance matters. Recent highlights include advising Banco de Chile, Banco Itaú Chile, JP Morgan and Citibank on a $635m financing granted to the Chilean subsidiary of Peruvian group Gloria Foods to fund the acquisition of Chilean dairy company Soprole. Among the department’s various experienced practitioners, Diego Peralta focuses on the structuring of financial products, as well as financings for a variety of businesses; Francisco Ugarte's wide-ranging practice includes cross-border banking and corporate finance deals; Felipe Moro predominantly advises on high-end lending deals, project financing, structured products, and derivative transactions; Fernando Noriega is a banking law, loan and project finance specialist; and Alejandra Daroch is an adviser to banks, financial institutions and debtors on major financings and developments. At associate level, experienced intermediate Loreto Ribera focuses on local and foreign project financing, corporate law, banking law and foreign investment.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Carey is a recognised law firm that stands out for its seriousness, commitment and focus on results.’
‘They manage to weave together important synergies with clients and understand the purpose of clients’ business.’
‘They are highly trained industry leaders and it shows in the support they give clients.’
'The team that helped us finance Aguas Pacifico was led by Felipe Moro, mainly supported by Loreto Ribera and Felipe Reyes. It is a very diligent team that pays attention to detail. Creative in searching for solutions in negotiations and diligent in the different tasks and documentation that were required throughout the financing process. The team has a lot of experience, which allows it to propose solutions from its own history. They know the financing market very well, which helps to understand what counterparties expect. The availability of the entire team, including the partners leading the processes, has always been exceptional, which in practice effectively translates into being available 24/7.'
'A very good team with excellent technical knowledge and response timings, adding value due to their extensive comparative experience.'

Key clients

Pan American Silver
Codelco
The Bank of Nova Scotia
Bank of Montreal
BMO Capital Markets
ING Capital
Banco de Chile
Banco Itaú
JP Morgan
Citibank
Grünenthal
International Finance Corporation
Banco Internacional
Itaú Corpbanca
Chilquinta Energía
DNB Bank Asa
KfW IPEX-Bank

Work highlights

Advised Pan American Silver on the acquisition of all the issued and outstanding common shares of Yamana Gold for $4.8bn, which involved the granting of securities for the amendment of an existing credit agreement with Canadian financial institutions.
Advised The Bank of Nova Scotia, Bank of Montreal, BMO Capital Markets, ING Capital and a group of lenders on the Chilean law aspects of a three-year term loan to Lundin Mining Corporation for up to $800m, with an additional $400m accordion facility.
Advised Banco de Chile, Banco Itaú Chile, JP Morgan and Citibank on a $635m financing granted to the Chilean subsidiary of Peruvian group Gloria Foods to fund the acquisition of Chilean dairy company Soprole.

Lawyers

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