DEPARTMENT PROFILE

Claro & Cía

Capital Markets

3 ranked lawyers

Band 1

Chile

Latin America 2022 View ranking table

chambers review

department information

Ranked Lawyers

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What the team is known for

Claro & Cía has a top-tier capital markets practice and represents major corporate issuers and underwriters in sophisticated securities offerings. The team is well versed in assisting clients with securitisations, derivatives and high-value international bond issuances. Offers additional capabilities advising on the registration and placement of private equity funds in the Chilean market, allowing foreign investors to trade in local securities. Clínica Las Condes and Atlas Renewable Energy are new client wins for the firm.

Strengths

A client values the service provided by Claro & Cía, stating: "I like working with the firm because apart from the quality of their work, which is clear to everyone, when one starts working on something on which they are instructed, they get involved as though they were part of the team."

"We received an excellent service from them," says another client, adding: "The team was very hands-on and worked towards a successful closing."

Work highlights

Claro & Cía advised Empresa Eléctrica Cochrane on a USD485 million bond placement.

Notable practitioners

Felipe Larraín is recognised by market commentators for his activity in this sphere. He concentrates on cross-border transactions involving foreign investors, with activity spanning both debt and equity mandates.

Head of department José Luis Ambrosy receives widespread recognition from market commentators for his active presence in the Chilean capital markets field. A client values his "significant experience and in-depth knowledge of matters," while another respondent highlights that "the knowledge he has of his clients' businesses is extraordinary. He has an insight into business issues which is key for closing deals." His practice focuses on capital markets, finance and corporate matters, with experience in the energy, telecommunications, financial services, mining, infrastructure and aviation spaces.

Experienced partner Rodrigo Ochagavía focuses his practice on regulated sectors such as energy, mining, pension funds, banking institutions and insurance companies. He possesses proven expertise in complex transactions regarding project finance and project bonds, as well as IPOs and follow-on offerings. A client refers to him as a "tremendous partner."

Department Information

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Overview

Claro & Cía. takes pride in representing clients in all civil and commercial fields and constantly strives to maintain the most stringent standards of professional achievement.

The firm’s Capital Markets Group is known for the design and structuring of sophisticated securities transactions comprising multilateral financing and cross-border capital flows. Investment banks and issuers consider our Capital Markets Group to be their first choice for domestic and international securities transactions that require cross-practice knowledge, skills and experience. Claro & Cía. has a long-established and sophisticated Capital Markets Group widely known for its technical knowledge, experience, excellence, commercial approach, imaginative problem solving and ability to close complex deals.

Our Capital Markets lawyers regularly represent key parties in all types of significant local and international of securities transactions, regulatory compliance, and corporate governance issues, including public and private offerings such as IPOs, equity and investment-grade and high-yield debt offerings, Project Bonds, securities exchange listings, exchange offers, cash and debt tender offers and Hybrid Securities. Our clients include issuers, underwriters, initial purchasers, institutional and individual investors, selling shareholders and those providing credit support through guarantees, surety bonds and letters of credit.