About
Provided by Claro & Cía
Claro & Cia.’s Banking and Finance group is known for the design and structuring of sophisticated financial products and innovative banking transactions, comprising multi-lateral and cross-border financing and supporting its clients in developing and implementing all types of project financing, loans and complex structured solutions. The firm’s services also cover insurance and reinsurance, including financial guarantees.
Our banking and finance attorneys work seamlessly with our mergers and acquisitions, private equity, corporate restructuring, corporate finance and structured finance practices to provide the highest quality advice to our clients in all types of financing transactions. Our clients include a wide range of clients, including local and international commercial banks, investment banks, lenders, private equity sponsors, strategic investors, issuers and borrowers on a broad array of financings, including corporate finance, first and second lien loans, bridge loans, secured and unsecured financing leveraged buyouts, other acquisition financings, working capital and letter of credit facilities, financings for investment-grade and sub-investment-grade borrowers, structured financings and securitization.
Our Banking and Finance group actively participates in projects for the construction of hydro, renewables, power plants, transmission lines and pipelines and assists developers in their financing, partnerships and regulatory needs with respect to green-field projects.
Chambers Review
Claro & Cía is a prestigious full-service law firm with a top-tier banking and finance practice in Chile. Its experienced legal team routinely advises on a wide range of matters, particularly project finance involving syndicated loans and complex structured products. The department enjoys particular visibility in the market for its corporate focus, assisting with leveraged buyouts of key multinational players, including development agencies and investment banks, as well as corporate borrowers from the energy and aviation sectors.
Work Highlights
- Claro & Cía represented LATAM Airlines Group in connection with the debtor-in-possession loan agreement and an exit financing for the purposes of emerging from a Chapter 11 reorganisation.
Strengths
Provided by Chambers
"We have had various work experiences with the financial area of Claro & Cía, and in all of them they have demonstrated solid knowledge and experience in financings as well as great negotiation skills."
"Claro & Cía's interactions with international firms and counterparties was efficient and dynamic. The team provides sound guidance throughout the process and demonstrates in-depth understanding of the local environment."
"We have had various work experiences with the financial area of Claro & Cía, and in all of them they have demonstrated solid knowledge and experience in financings as well as great negotiation skills."
"Claro & Cía's interactions with international firms and counterparties was efficient and dynamic. The team provides sound guidance throughout the process and demonstrates in-depth understanding of the local environment."
Notable Practitioners
Key partner José Luis Ambrosy offers a well-reputed banking and finance practice in Chile. His clients include leading companies seeking to raise finance and foreign and local banks.
"José Luis Ambrosy stands out for his availability to reach agreements and come up with solutions that protect his clients' interests."
Respected practitioner and co-head of department Rodrigo Ochagavía has sizeable experience handling banking and finance matters in Chile. He is particularly adept at servicing clients from highly regulated sectors, such as energy, mining, and insurance.
"Rodrigo Ochagavía is a well-rounded adviser, who is able to assess transactions and provide solutions from different angles."