Carey's 44-strong capital markets team advises public and private companies, financial institutions, private equity and investment funds, investors and emerging companies on securities offerings - including cross-border IPOs, capital increases, debt issuances and securitisations. Clients also turn to the group for assistance with regulatory compliance and corporate governance issues; and the team additionally advises issuers, management and boards of directors on their interactions with Chile’s securities regulator (Comisión para el Mercado Financiero). The department is co-led by several partners: Diego Peralta, who focuses on the structuring of financial products; Salvador Valdés, an adviser to corporate clients on the issuance of local bonds; Francisco Ugarte, who advises on international tender offers, debt issuances, derivatives, and the public and private offering of securities; and Felipe Moro, who assists with US private placements and Rule 144A/Reg S transactions. Also co-heading the group are Cristián Eyzaguirre, whose experience includes high-value capital increases; Jorge Ugarte, who is particularly active in debt capital markets liability management deals; Cristián Figueroa, an adviser on issuing securities; Patricia Silberman, whose track record covers the issuance and placement of senior secured notes; Fernando Noriega, a specialist in domestic and international securities offerings; and Alejandra Daroch, who advises on corporate and securitised bonds, derivatives, and public and private securities. At associate level, key support comes from seniors Ignacio Alfaro, Gustavo Marambio and Angélica De la Carrera (who returned to the firm in April 2023 after a year as an international visiting associate at Latham & Watkins in New York); all three have broad capital markets expertise as part of broader corporate and transactional practices.
Testimonials
Collated independently by Legal 500 research team.
- ‘Carey's team is recognised at industry levels for being among the best at everything it covers. In capital markets matters, it has extensive experience, and highly prepared and competent lawyers. Great availability and speedy responses.’
- ‘Human qualities that are first class - solid depth and agility with which they address issues.’
- ‘Great capacity for work, and experience in diverse and varied subjects.’
- ’An experienced team that is committed to deadlines, which makes the work dynamic very productive.'
- ‘Since they do not have a high turnover, this favours the client as extensive hours are not required to explain the transactions, contents or circumstances - greatly benefits the work in the long term.’
- ‘They have the experience of carrying out the most relevant transactions in the market in general, and therefore generate trust, facilitate the handling of matters with counterparties, and therefore are also a guarantee of good service and dedication. We have been positively struck by the advice of Ignacio Alfaro, who is always close and available for all circumstances in which he is required.’
- ‘Full-service firm with extensive international experience in cross-border and sophisticated operations.’
Key clients
- Public Sector Pension Investments
- Codelco
- SMU
- Enel Transmisión
- Banco Internacional
- Qatar
- Masisa
- Electrolux
Work highlights
- Advised Enel Chile on the bidding process to sell its corporate interest in Enel Transmisión Chile for $1.35bn, the advice involving the negotiation of a stock purchase agreement and ancillary documents, as well as the sale of inter-company debts.
- Advised Codelco on the issuance and sale of 10-year term notes (valued at $900m).
- Advised Codelco on the issuance and sale of $2bn in securities.
Lawyers
Practice head
The lawyer(s) leading their teams.
Diego Peralta, Salvador Valdés, Francisco Ugarte, Felipe Moro, Cristián Eyzaguirre, Jorge Ugarte, Cristián Figueroa, Patricia Silberman, Fernando Noriega, Alejandra Daroch