Chinese utility company State Grid has hired Paul, Weiss, Rifkind, Wharton & Garrison across five offices and Carey in Santiago to buy Sempra Energy’s Chilean assets in a deal worth nearly US$2.2 billion, two weeks after Sempra sold its Peruvian assets to China Yangtze Power for US$3.6 billion.
Carey has helped UK media company IMD Group obtain a US$70 million loan for the acquisition of a Chilean telecoms provider.
Carey has helped Minera Valle Central, the Chilean subsidiary of Canadian miner Amerigo Resources, refinance part of a loan it previously obtained to build a new waste-processing facility.
Cleary Gottlieb Steen & Hamilton LLP in New York and Carey of Chile have helped the world’s largest copper producer Codelco issue bonds worth US$2 billion, as it prepares to upgrade several mining projects despite falling copper prices.
Carey in Santiago and Rebaza, Alcázar & De Las Casas in Lima have helped Chilean bank BCI open a Peruvian branch.
Winston & Strawn LLP in New York and Carey in Santiago have helped Chilean electricity company Enel Américas make the largest all-cash capital increase in Chilean history, in what is also the largest capital increase in Latin America within the past five years.
Baraona Fischer & Cia in Santiago has helped French private equity company Ardian and CMB, Chile’s largest fund manager, acquire a 33% stake in two under-construction urban road projects in Chile.
Sullivan & Cromwell in New York and Carey have helped Chilean pulp and paper company CMPC obtain a US$100 million syndicated green loan.
Shearman & Sterling LLP in Hong Kong, Grandall Law Office in Beijing and Cariola, Díez, Pérez-Cotapos in Santiago have helped Chilean salmon fishery Australis Mar and its Chinese owner Joyvio obtain a US$160 million loan from Bank of China.
Veirano Advogados in Rio de Janeiro and Bofill Mir & Alvarez Jana Abogados in Santiago have helped Canada’s Lundin Mining increase an existing loan agreement to US$800 million.