The sizeable capital markets team at international law firm Garrigues Chile is consistently sought out for major bond issuances in both Chile and internationally. Acting for both issuers and underwriters, recent work covered sovereign and domestic bonds, as well as MTN programmes. Leading the practice, Pedro García has longstanding experience in debt securities, equities, liability management, derivatives and regulatory issues. García is supported by funds head José Miguel Rioseco, whose practice incorporates advice to investment fund managers on regulatory matters; and Jaime de Larraechea, an expert in the issuance of securities. A key member of the firm’s securities market law and banking and finance departments, Daniel Hernández was promoted to principal associate in early 2023, while the practice of associate Macarena Fuentes also includes local and international bond issues.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Garrigues' lawyers represent a perfect balance between knowledge of the local and international markets.'
  • 'Compared to other teams, Garrigues stands out for its openness and willingness to study issues in their very preliminary stages, which is very valuable for us banks.'
  • 'Garrigues has recruited highly experienced professionals in the area of financial institutions. Pedro García is the name to note.'
  • 'Garrigues has a regional network that functions as such, giving access to its clients in the geographies relevant to their operations.'
  • 'The extensive knowledge of the local and international capital markets, added to the closeness and willingness of Pedro García and his team, is a benchmark in the market, not only because of his knowledge but also because he is available to help.'

Key clients

  • Banco BICE
  • BCI
  • Banco Santander-Chile
  • Scotiabank Chile
  • Banco del Estado de Chile
  • Santander Securities
  • JPMorgan
  • Goldman Sachs
  • Morgan Stanley
  • Credit Agricole
  • BNP
  • Scotia Securities
  • HSBC
  • ENAP
  • Falabella
  • Colbún

Work highlights

  • Advised Citigroup Global Markets, HSBC Securities USA, Santander Investment Securities and Scotia Capital (USA) on the issuance by the Republic of Chile of $4bn in USD-denominated sustainable bonds.
  • Advised BancoEstado, as local bonds trustee for LATAM Airlines Group (in relation to the Chapter 11 filing made by LATAM in New York).
  • Advised Falabella on an approximately $195m bond-issuance.

Lawyers

Leading individuals

Practice head

The lawyer(s) leading their teams.

Pedro García