About

Provided by Cancio Covas & Santiago LLP

Organized in 2002 as a corporate and financial services boutique, CC&S offers advice in the structuring and negotiation of debt financing for acquisitions, buy-outs and related transactions, including the development of structures tailored to Puerto Rico’s unique tax and legal environment. It is recognized for providing innovative counsel in corporate finance to clients involved in complex financial, institutional, and commercial transactions, including the offering of debt and equity securities. Its founding partners, Juan Ramón Cancio, Jorge Covas and Carlos Santiago, constitute one of the leading local corporate and financial practice groups, representing companies and other business entities in all stages of their development and growth, as well as commercial banks, investment banks, venture funds, and other financial institutions that finance them.

For over 30 years members of the firm have acted as issuer, bond and underwriters counsel in myriad transactions, as well as letter of credit bank counsel, among other roles. Most recently CC&S acted as local counsel for the GDB Debt Recovery Authority in the issuance of the $2.6 billion of GDB Debt Recovery Authority Bonds (Taxable). 

CC&S has also been bench-marked as specialized counsel in the acquisition and sale of hospitals and other healthcare facilities and companies. 


Chambers Review

Provided by Chambers

Corporate/Commercial - Puerto Rico

3
Band 3

What the Team is Known For

Cancio Covas & Santiago has an active corporate practice and represents a range of clients hailing from the healthcare, financial services, and real estate arenas. The team is frequently retained by clients to assist with M&A transactions, joint venture agreements, and government procurement mandates. The department's expertise extends to debt restructurings and workouts, asset-based financing, and the purchase and sale of distressed credits.

Work Highlights

  • Cancio Covas & Santiago assisted with the sale of all of José Santiago's stocks to Performance Food Group.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

4
Carlos Santiago
4
Band 4

Significant partner Carlos Santiago offers notable expertise in advising clients on M&A transactions, joint venture agreements and debt restructuring mandates in Puerto Rico.

Carlos Santiago is a person of extensive knowledge and with great customer service, ensuring that clients are always satisfied.

4
Juan Ramón Cancio-Ortiz
4
Band 4

Juan Ramón Cancio-Ortiz is a seasoned practitioner with demonstrable experience in Puerto Rican business law. His expertise covers the corporate, financial and real estate spheres.

Juan Ramón Cancio-Ortiz has an excellent level of knowledge and looks for the most appropriate strategy to solve different situations.

Ranked Lawyers at
Cancio Covas & Santiago LLP

Provided by Chambers
Filter by
Band

Puerto Rico

Corporate/Commercial

4
Carlos Santiago
4
Band 4
4
Juan Ramón Cancio-Ortiz
4
Band 4

Members

Provided by Cancio Covas & Santiago LLP

Aníbal Mendín

Cristina García-Hall

Jorge Covas

Juan Ramón Cancio

Head of Department

Rodney Colón