Arnold & Porter is a leader in sovereign finance, representing a range of ministries of finance and central banks, state-owned companies, states, and municipalities. It also advises a growing number of private sector corporates and financial institutions, including Latin America-based banks. The firm is at the forefront of derivatives transactions, structured finance and securitisations, including diversified payments rights (DPR) deals. The Latin America team has worked on a series of ISDA master agreements and swap arrangements for sovereign entities and has also advised Latin American banks on regulatory compliance matters. It is additionally noted for pre-export and commodity finance. Based in Washington DC, Gregory Harrington is co-head of sovereign finance, with Whitney Debevoise also having a long history in the sovereign finance field. New York-based Christopher Willott is an experienced figure in bank lending and project finance transactions, and has made a further impression in sustainability-linked financings.
Key clients
- Republic of Colombia
- Central Bank of Brazil
- Ministry of Economy and Finance of the Republic of Panama
- Banco de Credito del Peru
- Banco Central de Venezuela (under direction of Special Attorney General and ad hoc board appointed by Interim President Guaidó)
- Mid-sized Brazilian bank
- Latin America bank
- Brasil Warrant
- Beontag and Tags Lux
- Japan International Cooperation Agency; MUFG Limited
- Banco BTG Pactual - Cayman branch
- Banco Latinoamericano de Comercio Exterior (BLADEX)
- BTG Pactual - Cayman branch
- Accial Capital Management
Work highlights
- Advised the Republic of Colombia in the chapter 11 case of Avianca.
- Advised the Central Bank of Brazil in regard to MSFTA, GMRA and ISDA swap transactions as part of its investment of $370bn of external reserves.
- Advised the Ministry of Economy and Finance of the Republic of Panama in connection with ISDA Master Agreements and related credit support documentation entered into with various swap dealer counterparties in the United States and Europe.
Lawyers
Practice head
The lawyer(s) leading their teams.
Gregory Harrington, Whitney Debevoise, Christopher Willlott