Department profile
Morales & Besa

Banking & Finance

Latin America Guide 2026 : Chile


Morales & Besa

Rankings

About

Provided by Morales & Besa

We have vast experience in restructuring, syndicated loans, structured finance, derivatives, regulatory matters, distressed debt, financing acquisition and leveraged buyouts.

In project finance, we regularly act for developers, sponsors, lenders, multilateral institutions, guarantors and EPC contractors on project structuring, financing, and construction and contractual issues.

On the more traditional banking transactions, we have knowledge in the different types of transactions, the different legal tools available to lenders and borrowers and the most current industry trends.

On the non-transactional side, we have vast experience in assisting companies with licensing, regulatory and compliance matters. This year we launched a  Financial and Capital Markets Regulation practice, considering, in particular, the amendments to the banking law recently published, the new regulations to be approved and the merger of the banking and the securities regulators.

Our main covered industries are energy (especially renewables), utilities, infrastructure, retail, real estate and mining, among others. 

We are regularly at the forefront of some of the country’s most emblematic transactions, typically working on behalf of big-name lenders, but also assisting important borrowers. Our strong practice has allowed us to develop strong links with both lenders and borrowers and to lead complex local and cross-border financings on regular basis.

Clients (15)

  • Bank of America Merrill Lynch
  • Banco de Chile
  • Bank of China
  • Banco de Crédito e Inversiones (BCI)
  • Banco Bilbao Vizcaya Argentaria, Chile
  • Banco Santander-Chile
  • Crédit Agricole Corporate and Investment Bank
  • Itaú - Corpbanca
  • Sumitomo Mitsui Banking Corporation
  • DnB Bank ASA
  • Banco BICE
  • Banco Security
  • Banco Internacional
  • Intervial Group
  • Scotiabank

Industries (14)

  • Banks
  • Construction & Materials
  • Energy
  • Financial Services
  • Food & Drink Producers
  • Government
  • Retail
  • Utilities
  • Education
  • Forestry & Paper
  • Mining and Metals
  • Real Estate Finance
  • Real Estate
  • Transportation

Chambers Review

Provided by Chambers

Banking & Finance - Chile

Band 1

Band 1


What the Team is Known For

Morales & Besa fields a powerhouse banking and finance practice and occupies a market-leading position in the Chilean arena. The team possesses a wealth of experience in the field, and advises international lenders on cross-border corporate finance mandates. The law firm's expertise extends to debt restructuring, as well as project finance deals involving syndicated loans and structured products. Morales & Besa also offers significant expertise in regulatory banking matters. The team is regularly retained by both Chilean and international banks, as well as major project developers and sponsors.

Work Highlights

Provided by Chambers

  • Morales & Besa advised Codelco on a financing of approximately USD532 million granted by Crédit Agricole Corporate and Investment Bank to support Codelco’s plan to fully decarbonise its energy matrix by 2030.

Strengths

Provided by Chambers

  • The banking and finance team at Morales & Besa is one of those you always want on your side, legally sound and with a clear understanding of the business.

    Banking & Finance respondentLatin America
  • Morales & Besa is characterised by the excellence of its services.

    Banking & Finance respondentLatin America

Notable Practitioners

Provided by Chambers

  • Band 1Myriam Barahona
    Band 1Myriam Barahona

    Myriam Barahona

    Stellar partner Myriam Barahona leads on Morales & Besa's most prominent mandates, such as debt refinancing and syndicated loans. She receives widespread praise from market commentators for her outstanding expertise in the Chilean banking and finance arena.

    • Myriam Barahona delivers exceptional work. She is proactive in proposing innovative solutions and responds swiftly.

      Banking & Finance respondentLatin America
    • Myriam is a pleasure to work with and demonstrates strong commitment to her clients' interests.

      Banking & Finance respondentLatin America
  • Band 3José Miguel Carvajal
    Band 3José Miguel Carvajal

    José Miguel Carvajal

    Co-head of department and key partner José Miguel Carvajal is acclaimed for his work in the Chilean banking and finance arena. He regularly advises clients on cross-border financings.

    • José Miguel Carvajal combines deep legal expertise with a strong business mindset and a clear focus on results.

      Banking & Finance respondentLatin America

Ranked Individuals at Morales & Besa (2)

Chile

Members

Provided by Morales & Besa

Morales & Besa has rankings in the following guides

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