This long-established international firm with offices in Zurich and Auckland, New Zealand, represents over 36 Fortune 500 companies. Established in 1936, Pacheco Coto has built its reputation on high-quality work and international expertise....
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This long-established international firm with offices in Zurich and Auckland, New Zealand, represents over 36 Fortune 500 companies. Established in 1936, Pacheco Coto has built its reputation on high-quality work and international expertise. The firm also has a strong and growing base of local clients in every sector of the economy. In October 2010, Humberto Pacheco joined the firm as managing partner.
A client who has worked with the firm notes, "They are generally responsive, practical and cost effective. Their English language skills are excellent."
Like many Costa Rican firms, Pacheco Coto has benefited from strong activity in the telecom and insurance markets, which opened up under CAFTA but had been under state monopoly for decades. In the industry's first M&A deal, Pacheco Coto represented SBA Communications, an American telecom and radio tower construction company, in the acquisition a strong competitor's business in the country. The deal, for an undisclosed amount, closed in January 2011.
In a $3.3 billion deal that closed in February 2011, the firm served as Costa Rican Counsel to the Reynolds Group in its multi-jurisdictional acquisition of the Evergreen Group and its assets. The firm advised the Reynolds Group specifically in relation to $2.5 billion of senior notes and $800 million of incremental term loan borrowings to finance the acquisition.
In July 2010, Pacheco Coto advised Scotia Bank on over $40 million in loans to a Costa Rican corporate group which owns car dealerships and food franchises, for the restructuring of its outstanding debt. Eighteen loans as well as two guarantee trusts and over 40 other documents were required for the transaction.
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