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Estudio Jurídico Gross Brown

Banking & Finance

2 ranked lawyersBand 1ParaguayLatin America 2022 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Prestigious full-service firm with a stellar banking and finance practice. Estudio Jurídico Gross Brown 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. Team 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. Itau BBA USA Securities, Innovatus Capital Partners and Citigroup Global Markets are new client wins.

Strengths

One client describes the team's commercial awareness as "very good," adding: "They are great at helping us understanding the different business opportunities in Paraguay."

"Estudio Jurídico Gross Brown is an excellent law firm," applauds another interviewee, adding: "Their lawyers have a broad knowledge of project finance and capital markets mandates, and they are among the most client-oriented firms that I have ever worked with."

Work highlights

Estudio Jurídico Gross Brown represented Goldman Sachs, as co-lender, in a USD500 million financing of a PPP project for the rebuilding and management of Routes 2 and 7 in Paraguay.

Notable practitioners

Senior statesperson Jorge Gross Brown is held in high esteem by interviewees for his longstanding presence in the Paraguayan banking and finance arena. A market observer describes him as "excellent," while another notes: "He deserves recognition for being a great professional and person."

Stellar partner Sigfrido Gross Brown boasts extensive expertise advising clients on PPP matters in Paraguay. He is also well placed to assist with debt refinancing issues. One interviewee describes him as "an excellent lawyer," adding: "He facilitates closing deals and does most of the heavy lifting in the transactions." Another observer notes: "Sigfrido Gross Brown is a very sharp professional who is always available for his clients. He has a great experience in this field and is the brain behind many of the major deals in the country."

Department Information

This content is provided by Estudio Jurídico Gross Brown.

Overview

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

Clients

Banco Bilbao Vizcaya Argentaria S.A., Paraguay

Banco Itaú Paraguay S.A.

BLADEX, Panamá

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

Asset finance

Bank Lending

Derivatives

Project finance

Restructuring, insolvency

Structured finance

Banking & Finance

Estudio Jurídico Gross Brown

firm
Location

Benjamin Constant 624

Asunción

Gran Asunción

Paraguay

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Paraguay

Banking & Finance


Jorge Gross Brown
Senior Statespeople
Sigfrido Gross Brown
Band 1