Latin America - Latin America: International firms

Latham & Watkins LLP

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Latham & Watkins LLP’s commitment to Latin America, its global leadership in capital markets transactions, and its immense presence in energy and infrastructure, provides a foundation for a flourishing practice. This includes complex deals such as project and infrastructure bonds, bank/bond transactions and securitisations. Having expanded the team with lateral hires in recent years, it has further grown the senior bench with the promotion of Washington DC-based Carlos Ardila and New York’s John Slater to the partnership; both are native Spanish speakers and Slater recently advised on the first Mexico-focused SPAC IPO in Latin America. Mexico City native Roderick Branch, who divides his time between Chicago and New York, has worked on a range of headline deals over the years, including marquee transactions for Corporación Andina de Fomento (CAF); he recently advised CAF on its largest ever bond financing, which closed in January 2023. Guido Liniado and Gianluca Bacchiocchi are leaders in project bonds, bank/bond transactions and sustainability-linked bonds, along with hybrid transactions backed by government receivables, commercial receivables and future flows of payment rights; Bacchiocchi has advised Goldman Sachs on a series of headline transactions in Latin America; and Liniado advised the banks on on the Rumichaca-Pasto toll road project, the largest-ever financing for a Colombian 4G toll road and the largest infrastructure sustainable bond in Latin America. The team also benefits from the firm’s national office, which features a group of former senior figures at the SEC.  

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘A very sophisticated and specialised team with whom we have worked on complex and highly innovative transactions.’
  • ‘Gianluca Bacchiocchi and Guido Liniado are excellent lawyers, with a lot of experience in complex capital market transactions and with a lot of knowledge of the Latin American market.’

Key clients

  • GM Holdings (Generadora Metropolitana), a joint venture between Andes Mining & Energy (AME) and EDF Renewables
  • Morgan Stanley
  • Banco de Desarrollo de América Latina (CAF)
  • JP Morgan Securities
  • Global Infrastructure Partners
  • Goldman Sachs
  • Sempra Energy
  • Evertec
  • CPPIB Credit Investments
  • International Investors
  • HSBC Global Asset Management
  • Volaris
  • Grupo Aval
  • Bank of America Merrill Lynch
  • Scotiabank
  • Citi
  • Paracel
  • UBS
  • Itaú Unibanco
  • IEnova
  • The Carlyle Group
  • Inter-American Development Bank (IDB)

Work highlights

  • Advised the banks on on the Rumichaca-Pasto toll road project, the largest-ever financing for a Colombian 4G toll road and the largest infrastructure sustainable bond in Latin America.
  • Advised Corporación Andina de Fomento (CAF) on its global offering of $1.5bn in three-year notes, the largest bond financing in CAF’s history.
  • Advised Corporación Andina de Fomento (CAF) on its $800m syndicated bond offering.

Practice head

The lawyer(s) leading their teams.

Antonio (Tony) Del Pino, Roderick Branch