The 19-strong practice at full-service legal powerhouse Carey houses experts in advising creditors, investors, and borrowers on the gamut of banking and financial transactions. Its representative expertise covers bilateral and syndicated loans (whether secured or unsecured), as well as liability management work. Other areas of strength are public and private offerings and placements of capital and debt, securitisations, project financing, structured product deals and derivatives operations. The group is co-led by six experienced partners, namely: Diego Peralta, whose recent highlights include leading advice to Qatar Airways (and its affiliates) on the debtor-in-possession financing for LATAM Airlines during the latter’s reorganisation; lending, project finance, structured product and derivatives specialist Felipe Moro; Fernando Noriega, who focuses on banking law, loan deals and project financing; Salvador Valdés, a go-to lawyer for several investment banks and asset managers; Francisco Ugarte, who assists both corporations and financial institutions with regulatory and finance work; and Alejandra Daroch, who has broad banking and finance experience.

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Testimonials

Collated independently by Legal 500 research team.

'They handle the financing contract very well, having a quick review in case of need or eventuality.'
'We work with Felipe Moro, who is very agile in his response, which helps a lot to be able to have an accurate response in a short time to be able to continue concentrating and solving the problem.'
'The members of the Carey firm are very knowledgeable about projects from their beginnings and are always attentive to any problem that may arise. The proposals and solutions they propose demonstrate their experience and ability to provide answers at the level requested. They even go further by offering various solutions for different problems.'
'They have extensive experience and knowledge of the legal requirements of the field, including areas such as project finance, banking, corporate and financial contracts, among others. In particular, partner Felipe Moro and his team provide us with constant timely support.'
'They not only understand the regulated industry in which we are active, but also project finance methodology, corporate governance, relationships with authorities, and the thinking of the foreign investor. They compare favorably and stand out compared to similar offices, demonstrating an extremely high spirit of collaboration, availability and flexibility.'
'Availability and flexibility, along with holistic knowledge of business and industry, and government relations.'

Key clients

Goldman Sachs
Atento Holding Chile
International Finance Corporation
US International Development Finance Corporation
Sociedad de Transmisión Austral
BlackRock
Corporación Interamericana para el Financiamiento de Infraestructura
Qatar Airways Investments
Banco de Crédito e Inversiones
CorpGroup
DNB Bank Asa
Itaú Corpbanca
Canadian Imperial Bank of Commerce
Renewable Resources Group
Aguas Pacífico
Grünenthal
Digital Bridge

Work highlights

Advised Qatar Airways Investments (as one of the lenders) on the $3.7bn super priority debtor-in-possession loan financing granted to LATAM Airlines Group, which related to US insolvency Chapter 11 cases.
Advised International Development Finance Corporation, DNB Bank, Itaú Corpbanca, BCI and others, as lenders to Alto Maipo and Strabag, in relation to a restructuring support agreement during a Chapter 11 procedure.
Advised Canada's Imperial Bank of Commerce on the amendment and extension of a corporate revolving credit facility that was granted to Capstone.

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