Banking & Finance
Latin America Guide 2025 : Paraguay
Band 1
Email address
[email protected]Contact number
+595 2144 4426About
Provided by Estudio Jurídico Gross Brown
The Banking and Finance and capital markets group provides services to lenders, borrowers and security agents in credit agreements, project finance and complex credit structures, including negotiating and documenting traditional and innovative security structures, as well as advising in debt restructurings. The Firm also provides day to day advisory to banks and financial institutions (Citibank has been a client for the past 50 years). The firm´s capital market practice has advised in all 9 of the sovereign based US Dollar denominated fixed rate securities issuances under NY Law since 2013. Recent experiences involve advising:
- Sudameris Bank as lead arranger and lender in the structuring and execution of a syndicated loan of $140,000,000 for the construction of a cement
- Banco Itau Paraguay SA in the structuring of a syndicated loan of $110,000,000 for acquisition of 51% stake in Yguazu Cementos SA
- Citibank, Goldman Sachs, Itau BBA, and Banco Santander as underwriters in the issuance of sovereign bonds for USD 1 billion under Reg S/Rule 144A
- UBS Group in the financing of US$ 443,000,000 for the design and construction of the pavement of the Loma Plata-Carmelo Peralta Route, under Reg S/Rule 144A
- Telefónica Celular del Paraguay, in the issuance of bonds under the Reg S/Rule 144 for the sum of $300,000,000
- Goldman Sachs & Co, IDB Invest and Itaú BBA in the financing of $500,000,000 for the construction of Routes 2 and 7 under the first Public-Private Partnership in Paraguay
Chambers Review
Estudio Jurídico Gross Brown is a prestigious full-service firm with a stellar banking and finance practice. The legal team demonstrates market-leading expertise advising leading multinational lenders and corporate borrowers on high-profile cross-border transactions, including syndicated loan agreements, revolving credit facilities, and debt restructuring. Estudio Jurídico Gross Brown is also sought after to assist with the financing of major infrastructure projects as well as securities issuances, such as sovereign debt and corporate bond offerings.
Work Highlights
- Estudio Jurídico Gross Brown advised Investor Fiduciaria on obtaining a licence from the Central Bank of Paraguay to operate as the first non-banking entity in Paraguay.
Strengths
Provided by Chambers
"Estudio Jurídico Gross Brown has a strong command of the banking and financial systems, as well as the regulatory standards. They are very innovative in their approach when faced with complex issues."
"Estudio Jurídico Gross Brown's team is particularly proficient when it comes to banking regulatory matters. They make sure they stay up to date on the latest developments and trends."
"Estudio Jurídico Gross Brown has a strong command of the banking and financial systems, as well as the regulatory standards. They are very innovative in their approach when faced with complex issues."
"Estudio Jurídico Gross Brown's team is particularly proficient when it comes to banking regulatory matters. They make sure they stay up to date on the latest developments and trends."
Notable Practitioners
Senior statesperson Jorge Gross Brown is highly respected for his longstanding presence in the Paraguayan banking and finance field.
"Jorge Gross Brown is an undisputed leader in the banking and finance area."
Distinguished co-head of department Sigfrido Gross Brown possesses remarkable experience advising clients on an array of banking and finance matters in Paraguay. He is particularly active in matters encompassing issuance and repurchase of sovereign bonds, project finance and syndicated loans.
"Sigfrido Gross Brown has best-in-class legal knowledge. He is tremendously approachable and always strives to find practical solutions to seemingly insurmountable challenges."
Senior associate Pablo Debuchy continues to elicit praise from clients. He is actively involved in bond issuance and syndicated loan mandates in Paraguay.
"Pablo Debuchyis a versatile lawyer. He has a tremendous ability to address several complex issues at once, and he knows how to be assertive and efficient in his advice."
Ranked Lawyers at
Estudio Jurídico Gross Brown
Paraguay
Clients
Provided by Estudio Jurídico Gross Brown
BLADEX, Panamá
Banco Bilbao Vizcaya Argentaria S.A., Paraguay
Banco Itaú Paraguay S.A.
Citibank Paraguay
Goldman Sachs & Co
Inter-American Development Bank, EE.UU.
Itaú BBA
Paraguayan Banks Association
Rabobank Group, Argentina
The World Bank, EE.UU.
UBS Group Inc
Industries
Provided by Estudio Jurídico Gross Brown
Asset finance
Bank Lending
Derivatives
Project finance
Restructuring, insolvency
Structured finance