Latin America
Practice Areas
Ricardo Fandiño de la Calle heads Pérez-Llorca’s Banking, Finance & Capital Markets practice in Colombia and is a member of the firm’s Executive Committee. With nearly three decades of experience, he advises international and domestic banks, financial institutions, corporates, and government entities on financings, capital markets, derivatives, banking and securities regulation, and the structuring and financing of infrastructure and energy projects.
Career
Ricardo has established a leading reputation in financial law since joining the partnership in 1997. He is ranked Band 1 in Chambers Latin America 2025 for both Banking & Finance, and Capital Markets. The Legal 500 2025 recognises him as a Hall of Fame lawyer in Capital Markets and as a Leading Partner in Banking & Finance. His further distinctions include being Highly Regarded by IFLR1000 2024, LACCA Approved 2025, and acknowledged for his leadership in Colombia’s financial markets.
Personal
Ricardo is a firm-appointed member at ISDA and a member of the International Bar Association (IBA), and he has served on the boards of Grupo Nutresa, Parque Arauco, and Concesionaria Vía 40 Express. He holds a law degree from Universidad del Rosario, Colombia and completed a Financial Regulation and Derivatives programme at Universidad del Rosario–ISDA, and undertook a management programme at Yale University.
Work Highlights
Ricardo has acted as lead counsel on many of Colombia’s most significant financial transactions. His mandates include Avianca’s DIP financing and reorganisation plan, Tecnoglass’s listing on NASDAQ, the financing of the BTS toll road concession, and the restructuring of Pacific Rubiales. He advised Bancolombia on the financing of the Santa Marta–Paraguachón concession, supported debt management operations for major financial institutions, and led the refinancing of Bayport Management’s financial liabilities. At Pérez-Llorca, he directed the structuring and implementation of unsolicited tender offers for Grupo Nutresa, Grupo Sura, and Grupo Argos (2021–2023), as well as the negotiation of the 2024 framework agreement between the Gilinski family and IHC Capital Holding LLC. He also advised lenders on a multi-billion-dollar loan to Ecopetrol, in one of the country’s most significant public credit operations.
