Claro & Cia

Chile

IFLR1000 Reviews

Financial and corporate

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

Key clients for Claro & Cia include Sumitomo Mitsui Banking Corporation, AES Gener, LATAM Airlines, Citigroup Global Markets and Sonnedix.

 

Research period review: 30th edition (2019 / 2020)

Over the research period the banking team assisted with many credit facilities and bridge loans for project financings.

The capital markets team saw tender offers and bond issuances. The team worked on an increasing amount of green bond issuances specifically.

The M&A team represented all types of clients in acquisitions and joint ventures in the infrastructure, agribusiness, energy and transport industries.

The projects team worked on financing aspects of renewable energy, transmission line and transportation related projects.

 

Deal highlights: 30th edition (2019 / 2020)

AES Gener $550 million 7.125% bond issue

Agrosuper $800 million financing

Delta $2 billion acquisition of 20% of LATAM Airlines

Joyvio Group $920 million acquisition agreement with Australis

Sonnedix Atacama Solar 171MW power plant