Jorge Carraha in our news

Azul backs off from LATAM offer after restructuring filed

Two days after South America’s largest airline LATAM submitted a Chapter 11 plan in New York, one of its Brazilian competitors has backed off from an offer to combine with the Chile-headquartered company.

08 December 2021

LATAM Airlines gets additional US$750 million DIP financing

LATAM Airlines has hired several international and Latin American law firms to obtain an additional US$750 million debtor-in-possession (DIP) financing, part of the aviation group’s Chapter 11 bankruptcy proceedings.

24 November 2021

AES wins arbitration over Chilean hydro project

A subsidiary of US power group AES has won an International Chamber of Commerce (ICC) award worth US$186 million plus interest in a dispute with a construction consortium over a terminated contract to build one of Chile’s largest hydroelectric projects.

11 November 2021

Chile conditionally approves LATAM-Delta joint venture

Chile’s competition tribunal has greenlit a trans-American joint venture between Delta Air Lines and LATAM Airlines, conditioned on behavioural measures intended to prevent information exchange and potential price increases.

03 November 2021

Chilean building material company acquires US counterpart

Chilean pre-fabricated building manufacturer Tecno Fast has hired Claro & Cía in Santiago to acquire 100% of its US counterpart Triumph Modular for US$68.5 million.

07 October 2021

Chilean company gets acquisition financing for Colbún assets

Chilean renewables company Alfa Desarrollo has relied on several White & Case LLP offices to raise US$1.1 billion in a debt issuance, the proceeds of which it will use to fund its purchase of assets from Colbún Transmisión.

01 October 2021

SQM raises US$700 million in first green bonds

Winston & Strawn LLP in New York and Chicago and Chilean firm Claro & Cía have helped Sociedad Química y Minera de Chile (SQM) raise US$700 million in its inaugural green bond offering.

27 September 2021

Chile’s Entel offers first global sustainable debt

Chilean telecoms company Entel has relied on US firm Simpson Thacher & Bartlett LLP to make its first sustainable bond issuance in the international market, raising US$800 million.

21 September 2021

Colombia’s Ecopetrol buys majority stake in ISA

Colombia’s largest oil company Ecopetrol has hired Baker McKenzie LLP in Bogotá, Buenos Aires, Santiago and Lima and Trench Rossi Watanabe in São Paulo to acquire a majority stake in Interconexión Eléctrica (ISA) from the Colombian government in a deal worth 14.2 trillion pesos (US$3.7 billion).

26 August 2021

Several firms steer drinks distribution agreement in Chile

Barros & Errázuriz Abogados has helped Chilean Coca-Cola bottler Embonor enter an agreement, alongside local company Embotelladora Andina, to become the official distributor of beverages produced by Viña Santa Rita.

26 August 2021

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