Department profile
Morales & Besa

Capital Markets

Latin America Guide 2026 : Chile


Morales & Besa

Rankings

About

Provided by Morales & Besa

Our capital markets practice is unrivalled in execution capabilities and in-depth industry knowledge of the law and practice of financial transactions. We typically represent all the major global banks (e.g., Goldman Sachs, Morgan Stanley, Bank of America, JP Morgan), the local securities firms (Banchile, LarrainVial), the global private equity funds (Apollo, BlackRock) and seasoned issuers (Cencosud, Embotelladora Andina, ENAP, Ingevec). The marketplace knows that we excel in this field because of our commitment to challenging structures and deadlines, our highly specialized securities and banking regulatory practice, a fundamental component of a successful and effective capital markets practice, and our ongoing and effective professional relationship with the regulatory agencies and the stock exchanges.  

In terms of our comprehensive experience, we have been involved in the major Chilean capital market transactions executed in recent years whether as issuer’s counsel, underwriter’s counsel or placement agents’ counsel. 

Clients (19)

  • Goldman Sachs & Co.
  • Bank of America Merrill Lynch
  • Cencosud S.A.
  • Citigroup
  • Embotelladora Andina S.A.
  • EFG Capital International Corp
  • ISA Intervial
  • Banco de Crédito e Inversiones (BCI)
  • Ingevec S.A.
  • SMU S.A.
  • Cencosud Shopping S.A.
  • Goldman Sachs & Co. LLC
  • J.P. Morgan Securities LLC
  • Morgan Stanley & Co
  • Enjoy S.A.
  • The Republic of Chile
  • Parque Arauco S.A.
  • AVLA
  • Wenco S.A.

Industries (12)

  • Banks
  • Construction & Materials
  • Energy
  • Financial Services
  • Food & Drink Producers
  • Government
  • Mining & Metals
  • Real Estate
  • Retail
  • Telecommunications
  • Transportation
  • Travel & Leisure

Chambers Review

Provided by Chambers

Capital Markets - Chile

Band 2

Band 2


What the Team is Known For
Morales & Besa is a renowned full-service firm that is recognised for its capital markets expertise as it possesses significant experience advising on IPOs and secondary offerings, as well as on the issuance of debt securities, most notably Chilean sovereign bonds. The law firm's clients include major investment banks acting as underwriters or placement agents, and it also advises a range of major issuers.

Work Highlights

Provided by Chambers

  • Morales & Besa advised Cencosud on the issuance and international placement of its 5.950% Notes due 2031, in accordance with Rule 144A and Regulation S under the US Securities Act of 1933.

Strengths

Provided by Chambers

  • The Morales & Besa team is deeply knowledgeable about regulations and processes in capital markets, and is extraordinarily efficient and responsive.

    Capital Markets respondentLatin America

Notable Practitioners

Provided by Chambers

  • Band 3Andrea Díaz T
    Band 3Andrea Díaz T

    Andrea Díaz T

    Partner Andrea Díaz garners praise for her adept handling of capital markets deals. She has experience advising on debt securities including sovereign bond issuances.
    • Andrea Díaz is characterised for her meticulous approach and close attention to detail on each transaction.

      Capital Markets respondentLatin America

Ranked Individuals at Morales & Besa (1)

Chile

Members

Provided by Morales & Besa

Morales & Besa has rankings in the following guides

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