Garrigues is highly regarded for its expertise in capital markets deals and is frequently involved in international cross-border debt transactions, often acting as local counsel for leading domestic and global banks and investors. The firm is well equipped to handle complex ECM and DCM transactions, namely project bonds, investment-grade bonds and IPOs. Elsewhere, the team handles international note exchanges, bond issuances and the offering of securities by first-time issuers. The experienced Oscar Arrús leads the department and concentrates on local securities regulation and debt transactions. Sergio Amiel focuses on equity capital markets and IPO work, while Thomas Thorndike covers liability management and international debt offerings by Peruvian issuers, and José Francisco Meier works on domestic capital markets deals. Diego Harman is noted for his activity across the US and Latin American markets and focuses on representing sponsors in future-flow backed securities and private placements. At the principal associate level, Jorge Fuentes handles cross-border debt transactions; Miluska Gutierrez Vega is well versed in regulatory issues; and Monica Yrrarazabal assists clients with the structuring of private investment funds.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Garrigues has provided valuable assistance to our firm. Their wide array of expertise, which ranges from M&A legal advisory to financing agreements and capital markets, played a key role in the progress obtained so far.'

  • ‘I would highlight the participation of Sergio Amiel and Miluska Gutierrez in the guidance which they provided to us.'

  • ‘Oscar Arrus and Monica Yrrarazabal were outstanding.'

  • ‘The team is A1. Throughout the entire process they demonstrated high levels of understanding of the industry and business, precise judgement and advice, and very good handling of complex and sudden situations.'

  • ‘Deep knowledge of the market, high level of communication and clarity to transmit advice and key message to our client.'

Key clients

  • Bank of America
  • Credicorp Capital Servicios Financieros
  • Hunt Oil Company of Peru
  • Monachil Capital Partners
  • Citibank del Perú
  • Banco BTG Pactual
  • UBS (formerly Credit Suisse)
  • Inter-American Investment Corporation
  • AI Inversiones Palo Alto I
  • Intercorp Financial Services

Work highlights

  • Advised Santander US Capital Markets, HSBC Securities (USA), Citigroup Global Markets and Banco BTG Pactual on the exchange of the 6.50% senior notes due 2025 for newly issued 10.00% senior secured notes due 2029, issued by Auna.
  • Advised Hunt Oil Company of Peru on the framework of a liability management process carried out through a tender offer.
  • Advised Hunt Oil Company of Peru on an 8.550% Trust Enhanced Senior Notes issuance due 2033.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Oscar Arrús