Hunton Andrews Kurth LLP continues to make considerable progress in representing commercial and agency lenders in Latin America financings, while also expanding its borrower client base. It is the 'go-to law firm for development finance institutions based in Washington DC' and recently advised IDB Invest in relation to multiple financings to Latin American financial institutions. The firm also frequently advises Latin America-based banks in connection with accessing funding. It remains at the forefront of financings in the digital infrastructure sector and impresses in the wider energy and infrastructure areas, including the financing of desalination plants and other major projects; it advised the lenders on the financing of Corporación Nacional del Cobre de Chile’s (Codelco) desalination plant in Chile. Fernando Alonso is chairman of the Latin America team and has an established record in big-ticket financings. Washington DC-based Vera Rechsteiner is key to many of the firm’s agency lender relationships, along with Uriel Mendieta and Washington-DC’s Alejandro Silva, who has close connections to the International Finance Corporation (IFC), having previously been assistant general counsel at the organisation. Named individuals are based in Miami unless stated otherwise.
Testimonials
Collated independently by Legal 500 research team.
‘HAK is the go-to law firm for development finance institutions based in Washington DC. The partners are very knowledgeable and have outstanding experience in the sector. ’
‘It is an excellent team, with reasonable prices. It is practical and efficient, with extensive knowledge in the field. It provides solutions, excellent response times and work dynamics.
Key clients
- Banco Santander
- Promerica Financial Corporation
Work highlights
- Advised Promerica Financial Corporation in the $225m sale of aggregate principal amount of their 10.750% senior secured notes due 2028 and the $112m tender offer to purchase for cash any and all of the outstanding 9.700% senior notes due 2024.
- Advised IFC in connection with BBVA Colombia’s issuance of a blue bond, the first in Colombia.