Parquet & Asociados has carved out a niche in the market advising financial institutions linked to the Paraguayan government. The team has provided ongoing advice to the Republic of Paraguay on bond issuance and counts both sovereign and non-sovereign issuers and underwriters among its clients. Practice head Javier Parquet Villagra represents the Ministry of Finance and the National Development Bank, as well as other state institutions, in finance and capital markets transactions. Senior associate Daniel Artaza Villagra is an expert in banking regulation, with a particular focus on banking trusts and fintech matters, while Lucas Corrales Fernandez represents clients before public financial institutions, including in debt collection by public entities. David Dominguez Villalba is an active associate in the firm’s money laundering team.
Key clients
- Ministry of Economy and Finance
- National Development Bank
- Oppenheimer & Co.
- ALTAMIRA Group
- La Perseverancia, Pedro Zuccolillo – La Perseverancia
- Paraguayan Chamber of Real Estate Developers – CAPADEI
Work highlights
- Advised the Ministry of Finance on issuing a $500m bond, and also advised on the buyback 2023 bond for $212.9m and the 2026 bond for $70.3m.
- Worked with La Perseverancia Pedro Zuccolillo to facilitate the acquisition of an $80m line of credit for Distrito Perseverancia, to establish a trust fund designed to secure the collateral for the execution of the project.
- Advised Altamira Group on its expansion into the financial sector to become a lending house, addressing necessary procedures, offering legal opinions and presenting the documents before the Central Bank of Paraguay to ensure regulatory compliance.
Practice head
The lawyer(s) leading their teams.
Javier Parquet Villagra