Located in Santiago, full-service firm Claro & Cia was founded in 1880 and has developed a standout reputation. It is a part of Lex Mundi.
Focusses / specialisms
Though the firm is most recognised for its work in financial and corporate matters, it also has an excelled projects practice area.
The banking and finance practice area represents borrowers in credit facilities and bridge loan issuances for project and acquisition financing.
The capital markets team works on both debt and equity matters such as tender offers and bond issuances.
In M&A matters, Claro & Cia represents strategic buyers and sellers in acquisitions, joint ventures and other corporate agreements across a wide variety of industries.
The projects team can be found many times on the financing end of project development. It is active in the infrastructure and energy industries.
Key clients for Claro & Cia include Sumitomo Mitsui Banking Corporation, AES Gener, LATAM Airlines, Citigroup Global Markets and Sonnedix.
Research period review: 33rd edition (2022/2023)
Throughout the research period, the banking team advised both borrowers and lenders in corporate, acquisition, project and DIP financing.
The capital markets team was active in investment grade bond issuances and exchange offers. The team advised mostly issuers, but also worked for underwriters.
In the M&A practice area, the team represented both buyers and sellers in private acquisitions across numerous industries. It also represented clients in joint ventures, mergers and restructuring efforts.
The project development team was active largely in the financing and development aspects of projects in the mining and energy industries, representing mostly developers. In energy specifically, most of the projects concerned renewable energy matters such as wind and solar plants.
Deal highlights: 32nd edition (2021/2022)
AES Andes $2.1 billion restructuring
Alfa Desarrollo $1.2 billion acquisition of Colbún Transmisión
Entel $800 million 3.05% bond issuance
Hapag-Lloyd $1 billion acquisition of SAAM
Latam Airlines Group $10.3 billion restructuring
Client feedback: 33rd edition (2022/2023)
Banking and finance
“A team with vast experience in our company's business and in the banking sector, with a mix of young and seasoned professionals.”
“Simply extraordinary. Great expertise. Total client orientation. Absolutely trustable. Very experienced in cross-border transactions.”
“Knowledge, commitment, professionalism.”
Jose Maria Eyzaguirre
“Absolutely trustworthy. A great intellect. A lawyer who is always looking for a solution and not for a problem. Extremely experienced in M&A and corporate law. Great experience in cross-border work. I don’t move without his prior advice.”
“Very proactive, neat work, timely responses.”
“He brings commitment, knowledge and professionalism.”