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The broad group at Garrigues combines strong skill sets across a range of banking and finance, capital markets, fintech and project finance matters, with extensive expertise in the regulatory space. Most notably, Roberto Borrás is widely considered a pioneer in the terms of the latter sphere, bringing to bear hands-on experience gained during stints as president of the Colombian securities market self-regulatory body and as Chief Financial Superintendent of Colombia, among other high-profile roles. Borrás recently advised global neobank, Nubank, on the creation of a financial institution in Colombia. On the transactional front, project finance specialist Francisco Noguera is a key contact; he recently advised JP Morgan Chase Bank on a $292m financing granted to Colombian state-owned bank, Bancoldex, in order to support micro and small companies in the country. A strong senior associate bench includes recent hires Mónica Rodríguez G (who arrived in February 2022 from Incofin Investment Management), and Lissa Parra Alarcón (who joined in July 2022 from the Colombian stock exchange); and Nicolás Angulo, who -noted for infrastructure financings- is currently a foreign associate with Mattos Filho in Sao Paulo (since March 2023). Former senior Paula Ospina Correa moved in house at Bancolombia in July 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team is characterised by being extremely diligent and willing to advise its clients. It is a team of international stature that knows its practice areas and the applicable regulations well.’

  • ‘Particularly, the associates Lissa Parra Alarcón and Paula Ospina Correa stand out as they have extensive experience in the financial sector and the constitution of financial entities. They are highly qualified professionals who stand out for their disposition when offering advice to clients.’

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Key clients

  • World Bank
  • Nu Bank
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Work highlights

  • Advised JP Morgan Chase Bank on a $292m financing granted to Colombia’s government-held financial entity, Bancoldex.
  • Advised Financiera de Desarrollo Nacional and Empresa Metro de Bogotá on a $1.5bn financing from international multilateral lenders for the development of Metro de Bogotá’s second line.
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