Latin America - Ecuador

Flor Bustamante Pizarro Hurtado Abogados

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Flor Bustamante Pizarro Hurtado Abogados places a strong emphasis on syndicated operations, project finance and cross-border transactions, with a client base that includes domestic and foreign financial institutions, sponsors and collateral agents, investment funds and multilateral organisations. The team’s expertise also extends to restructuring processes and financing transactions involving public entities, with the latter commonly involving sovereign guarantees. Mario Alejandro Flor, a notable figure in the renewable energy space, heads the team, which recently acted on behalf of Wheaton Precious Metals in a precious metals purchase agreement linked to the Curipamba copper project in central Ecuador. Other key practitioners include senior associates Alejandro Pérez Arellano and Alejandra Soriano, who provide extensive support in an array of financing transactions.

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Key clients

  • IDB Invest
  • US International Development Finance Corporation
  • TMF
  • Deutsche Investitions Und Entwicklungsgesellschaft
  • WorldBusiness Capital
  • Atico Mining
  • Wheaton Precious Metals

Work highlights

  • Advised Wheaton Precious Metals on a definitive precious metals purchase agreement with a subsidiary of Adventus Mining Corporation.
  • Advised TMF Ecuador, which acted as local collateral agent in the LATAM Chapter 11 proceedings, for a deal value of $2.3bn.
  • Advised IDB Invest on the financing granted to Corporacion El Rosado, with a total cash consideration of $75m.

Lawyers

Practice head

The lawyer(s) leading their teams.

Mario Alejandro Flor