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Morales & Besa

Banking & Finance

3 ranked lawyersBand 1ChileLatin 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

Morales & Besa is a powerhouse banking and finance practice and occupies a market-leading position in this arena. Possesses a wealth of experience in the field, advising international lenders on cross-border corporate finance mandates. Expertise extends to debt restructuring, as well as project finance deals involving syndicated loans and structured products. Also offers significant expertise in regulatory banking matters. The team is retained by local and international banks, as well as major project developers and sponsors.


Morales & Besa comes highly recommended by clients for its work in the banking and finance ambit. One respondent describes the team as "an excellent group of professionals due to their banking, financial and commercial knowledge, as well as very tactful and polite when interacting with the counterparty."

Another client highlights that "they provide accurate and timely advice and do not ask for anything that is not necessary."

Work highlights

Morales & Besa advised DNB Bank, Instituto del Crédito Oficial and CaixaBank on the restructuring of loans granted to Parque Eólico Cabo Leones I for the construction and operation of the Cabo Leones I wind farm, as well as the construction of 12 additional wind turbines.

Notable practitioners

"Excellent lawyer" Carlos Silva possesses significant experience advising on syndicated loan facilities to finance energy and infrastructure projects. He also has solid experience in debt restructuring mandates.

Co-head of department and key partner José Miguel Carvajal is held in high esteem for his work in the Chilean banking and finance arena. He comes recommended by market onlookers, with one saying: "He is one of the lawyers with whom I have had the most pleasure working. He is very responsive, pragmatic, and business-oriented."

Acclaimed practitioner Myriam Barahona earns plaudits from interviewees for her expertise in the banking and finance arena. A client reports: "She has many years of experience in this area and is a name in her own right. The key players in the finance arena recognise her and value her knowledge and experience. It is always good to have her at the table." Another respondent adds: "She gives us peace of mind and maintains a close relationship with her clients, plus she is always available, very hard-working and committed."Myriam Barahona leads on the firm's most prominent mandates, such as debt refinancing, syndicated loans and VAT credit facilities.

Department Information

This content is 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.


Barahona, Myriam (Head of Department)

Carvajal, José Miguel (Head of Department)

Morales, Guillermo

Silva, Carlos

Vergara, Rocío


Banco BICE

Banco Bilbao Vizcaya Argentaria, Chile

Banco de Chile

Banco de Crédito e Inversiones (BCI)

Banco Internacional

Banco Santander-Chile

Banco Security

Bank of America Merrill Lynch

Bank of China

Crédit Agricole Corporate and Investment Bank

DnB Bank ASA

Intervial Group

Itaú - Corpbanca


Sumitomo Mitsui Banking Corporation



Construction & Materials



Financial Services

Food & Drink Producers

Forestry & Paper


Mining and Metals

Real Estate

Real Estate Finance




Banking & Finance

Morales & Besa


Av. Isidora Goyenechea 3477

Piso 19

Las Condes

Santiago de Chile




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.


Banking & Finance

Carlos Silva
Band 4
José Miguel Carvajal
Band 3
Myriam Barahona
Band 1