Market: Chile

Spanish firm Garrigues has strengthened its labour and employment offering in Latin America by appointing two partners in Santiago and Lima.

14 November 2022

Chile’s competition tribunal has approved a first-of-its-kind settlement agreement with a bank accused of breaking rules that prevent directors from serving on the boards of rivals, ordering the company to pay a US$1.2 million fine.

10 November 2022

Digital infrastructure provider Andean Telecom Partners (ATP) has enlisted Cleary Gottlieb Steen & Hamilton LLP in São Paulo and New York and Garrigues’ offices in Santiago, Bogotá and Peru to obtain a US$120 million credit facility.

10 November 2022

A slew of US and Latin American firms have helped LATAM Airlines exit from its Chapter 11 proceedings, putting an end to a landmark cross-border restructuring that began over two years ago.

09 November 2022

Paper company CMPC has enlisted Cuatrecasas (Chile) to make a placement of green bonds worth US$250 million.

09 November 2022

DLA Piper (Chile) has helped local power company Colbún obtain a sustainable loan worth US$160 million.

07 November 2022

White & Case LLP in Houston and Carey in Santiago have helped multinational renewables company Sonnedix acquire a solar and wind power portfolio from Chilean investor Arroyo.

01 November 2022

US law firm Simpson Thacher & Bartlett LLP and the Santiago offices of Guerrero Olivos and CMS Carey & Allende have advised on Chilean internet provider OnNet Fibra’s US$358 million acquisition of fibre optic assets from local telecommunications company Entel.

31 October 2022

Two offices of Clifford Chance LLP and Larrain y Asociados in Santiago have helped the Chilean subsidiary of French renewables company Reden raise US$140 million in a private placement of notes.

31 October 2022

Two offices of Paul Hastings LLP and Cariola, Díez, Pérez-Cotapos in Santiago have helped Chilean superfruit exporter Prize merge with a US special purpose acquisition company (SPAC) in a deal worth US$425 million.

28 October 2022