Barros & Errázuriz's sizeable banking and finance practice acts for both lenders and borrowers on high-stakes financing transactions. The group is particularly active in energy and infrastructure project finance deals; and is additionally able to leverage the firm’s strong real estate, energy, environmental and regulatory credentials. Clients further benefit from the firm’s affiliation with the Affinitas network, which fosters collaboration on regional banking, finance and capital markets developments with peers in Colombia, Mexico and Peru. The practice recently advised Ares Management on the negotiation and restructuring of mezzanine credit agreements totalling $280m. Co-leading the team, Francisco De la Barra's track record includes several local and international structured financings of projects; and Enrique Barros V is a corporate and structured finance specialist. The group also showcases veteran banking and finance practitioner Nicolás Balmaceda; Bernardo Simian, an adviser on both bank financings and capital markets deals; and structured and corporate finance expert María Olga Rivera. In the senior associate ranks, Nicole Ubal's practice covers corporate financing, projects finance and refinancing; José Miguel Poblete is experienced in project finance; and Jean Andre Petit focuses on both domestic and cross-border transactions. Former fellow senior Valentina Villalobos moved in-house at Pacific Hydro Chile in October 2023.

The sizeable banking and finance team at legal giant Carey has enviable experience in advising creditors, investors and borrowers on high-stakes banking and finance deals. ‘A recognised law firm that stands out for its seriousness, commitment and focus on results’, its track record ranges from secured and unsecured syndicated loans, to derivatives, liability management issues, project finance, and structured product-related transactions.  It also acts for several major commercial banks, development finance institutions and multilateral institutions on their day-to-day banking and finance matters. Recent highlights include advising Banco de Chile, Banco Itaú Chile, JP Morgan and Citibank on a $635m financing granted to the Chilean subsidiary of Peruvian group Gloria Foods to fund the acquisition of Chilean dairy company Soprole. Among the department’s various experienced practitioners, Diego Peralta focuses on the structuring of financial products, as well as financings for a variety of businesses; Francisco Ugarte's wide-ranging practice includes cross-border banking and corporate finance deals; Felipe Moro predominantly advises on high-end lending deals, project financing, structured products, and derivative transactions; Fernando Noriega is a banking law, loan and project finance specialist; and Alejandra Daroch is an adviser to banks, financial institutions and debtors on major financings and developments. At associate level, experienced intermediate Loreto Ribera focuses on local and foreign project financing, corporate law, banking law and foreign investment.

Claro & Cia.'s 29-strong banking and financing practice has a strong market reputation for its advice to commercial and investment banks, private equity sponsors, strategic investors, issuers, and borrowers. Delivering ‘prompt, efficient attention with complete knowledge of the issues addressed’, the broad finance practice covers multi-lateral and cross-border financings, project finance and loans, as well as corporate finance, LBOs, working capital facilities and structured financing. In relation to projects, the team comprises experts in hydro, renewables, thermo-electric, combined-cycle power plants, transmission lines, and oil and gas pipelines; and its experience extends to assisting developers with financing, partnerships, and greenfield project-related regulatory issues. Large-value highlights include advising Sociedad Transmisora Metropolitana on a $1.1bn dual-currency secured syndicated acquisition loan to partially finance its $1.5bn acquisition of Enel Transmisión Chile. Focused on the energy, mining, pension, infrastructure and insurance sectors, Rodrigo Ochagavía has deep banking and finance experience; José Luis Ambrosy's practice includes brownfield and greenfield project financing; Jorge Martín is a renewable energy project expert; and Cristóbal Eyzaguirre is a banking law specialist. The practice also showcases project finance practitioner Ariel Mihovilovic; José María Eyzaguirre F, who focuses on cross-border transactions; and M&A head José María Eyzaguirre B, whose practice includes infrastructure project financing. Beyond the partnership, counsel Philippa Cooper (banking and finance, capital markets, project finance and M&A) and senior associate Carmen Luz Chavarría (project finance) provide primary support. Active intermediate associate Rafael Mackay is also noted.

Morales & Besa is ‘one of the leading practices in Chile for advice to both banks and sponsors on financing’. The enviable track record of the firm’s highly experienced banking and finance team covers complex financings in both local and international markets, including foreign exchange transactions, syndicated financings, club deals and debt refinancing. Acting for both lenders and borrowers, the team’s coverage further encompasses secured and unsecured financings, structured finance, acquisition finance and restructurings. It is also highly active in energy and infrastructure-related project financing transactions, including the financing of power generation projects, transmission lines, highways, airports, hospitals, dams and ports. In recent highlights, the group acted for Global Infrastructure Partners on a syndicated financing (under New York law) to finance its investment in a portfolio of renewable energy projects; it also advised borrowers and lenders on multiple amendments to local and foreign financings. The 13-strong department’s main figures are José Miguel Carvajal, a specialist in loans, bond offerings and foreign exchange matters; and Myriam Barahona, who is ‘very good at providing solutions’, and routinely advises on infrastructure and energy project finance, debt restructuring, insolvency issues and project bond placements. Another name to note, Carlos Silva focuses on the financing of projects. At associate level, the partners can call on a sizeable group of mid-level associates who all focus on finance matters.

The six-member banking and finance team at Baker McKenzie Chile is consistently sought out by commercial, merchant and investment banks, as well as corporate users of credit. With ‘absolute availability, quick responses, and in-depth knowledge of local legislation’, the practice has notable expertise in structuring major financial transactions, while clients additionally benefit from the group’s ability to leverage the wider office's experience in regulatory and tax matters, as well as the firm's enviable global network. The practice group’s ‘very available lawyers’ are also regularly involved in New York law-governed project and corporate financings. Recent mandates include acting for Banco Bilbao Vizcaya Argentaria, as administrative agent and lender, on the full amendment and restatement of a $238m loan to Financiera de Desarrollo Nacional. Specialised in banking regulatory work, derivatives and project financing, Sebastián Vivanco heads up the practice in conjunction with of counsel León Larrain and experienced partner Jaime Munro, both of whom handles banking and finance matters as part of broader practices. July 2023 saw the team further boosted at partner level with the promotion of banking and finance specialist Cristóbal Larrain, who is known for working with the firm’s New York team on corporate and project financings; at associate level, Jose Ignacio Berner handles acquisition finance, banking and finance, and loans and credit facilities, along with private M&A.

The 15-strong banking and finance group at Bofill Mir Abogados has significant experience in advising on major domestic and cross-border financing transactions, particularly in relation to the mining, infrastructure, real estate, insurance, private equity and energy sectors. The team fields experts in a range of corporate financing work, including acquisition and project finance, along with bilateral, syndicated and structured loan transactions. It is also routinely mandated to assist with substantial refinancing and restructuring matters. Recent highlights saw the practice advise Global Soluciones Financieras (ad hoc bond holders) on complex debt restructuring issues; and act for Banco Security and Penta Vida Compañía de Seguros de Vida (as creditors) on the structuring of a financing agreement. The department is co-led by highly-rated name partner Octavio Bofill, who is consistently involved in multilateral corporate and project financings at both local and international levels; and banking and finance transactions specialist Rodrigo Saffirio. Also key to the firm’s offering, Ana María Yuri is a highly regarded project finance practitioner; Feliciano Tomarelli focuses on cross-border bilateral and structured financings; and senior associate Paula Donoso advises on corporate and project finance. Former practice director Victoria Salazar moved in house at Aztec in 2023.

Full-service market-mainstay Cariola Díez Pérez-Cotapos fields an eleven-member banking and finance group that is consistently sought out by major financial institutions to assist with structuring cross-border financial and structured finance transactions. The team also has notable expertise in energy mining and infrastructure-related project finance; acquisition and corporate financings; and restructurings of international and domestic corporations. It additionally comprises specialists in secured financing involving agriculture producers and fish farming operations, as well as trade finance and derivatives. Fintech is a notable growth area for the firm, while the department additionally assists banks and financial institutions with their interactions with local regulators. Recent highlights for the team include advising Aquaship Group, as borrowers and guarantors, on a senior facilities agreement executed in January 2024 with the mandated lead arrangers, as well as the coordinator, facility agent and security agent. The group’s key practitioners are senior partner Francisco Javier Illanes, whose track record includes numerous high-end finance, banking and capital markets matters; Rodrigo Sepúlveda, an expert in project finance and syndicated loans; and Juan Antonio Parodi, who has extensive experience in financings, refinancings, syndicated loans and infrastructure-related project finance. At associate level, senior Sergio Balharry and intermediate Teresita Fernández both handle banking, finance and capital markets, along with corporate M&A.

Recent mandates for Garrigues Chile's 14-strong banking and finance team cover both the acquisition of financial assets and project financing, including advising on the financing for the construction and operation of a seawater desalinisation plant. The international law firm’s Santiago office also maintains robust restructuring and corporate lending practices; its lender-side client base includes Banco de Chile, Banco Santander-Chile, HSBC, Itaú Corpbanca, and Scotiabank Chile. Highlights for the team include advising the lenders on the execution of a term loan and delayed draw loan facility (under New York law) between Aligned Data Centers International (as debtor) and ODATA's companies (as guarantors) for the acquisition of ODATA by Aligned Data Centers. Jointly heading up the department, Pedro García Morales focuses on corporate loans, project financing, structured finance, debt restructuring, and regulatory matters; and Jaime de Larraechea has longstanding experience in financing and capital markets. The practice further includes Antonio Morales, an expert in domestic and international debt restructuring and project finance. 2023 saw movement at senior associate level with Maria Fernanda Jara (corporate finance and securities) returning to the firm in June, following a stint in New York with Milbank; the departure of Ignacio Vargas to undertake his LLM in August; and the arrival of Sebastián Nieme (project finance and debt restructuring transactions) from Morales & Besa in November.

Full-service firm Guerrero Olivos has ‘excellent knowledge of the energy sector and its corresponding laws and regulations’. The practice is home to an 18-member banking and finance group that is consistently sought out for cross-border project and acquisition financings, as well as debt restructuring work. The team, which is also highly experienced in New York law-governed transactions, recently assisted with major cross-border financings and refinancings involving both lenders and renewable energy developers. Other highlights saw the practice advise BID Invest on the structuring of a financing facility (including an A/B bond of up to $1.8bn); and act for a consortium of five international banks (as lenders), on a $624m acquisition financing. Heading up the practice, Miguel Coddou regularly assists major international lenders with syndicated loans, debt restructuring and project finance deals; Jorge Delpiano is an expert in financial transactions and capital markets; and Juan Enrique Allard's wide-ranging practice includes complex restructuring mandates. The team further includes Benjamín Novoa, whose principal specialisms are syndicated loans and project finance - particularly in the energy and mining sector. At associate level, semi-senior Ignacio Chomalí is a June 2023 recruit from Philippi Prietocarrizosa Ferrero DU & Uría, who routinely advises on both project and structured finance matters.

With longstanding experience in advising banks, brokers, financial institutions and companies, Larrain y Asociados Abogados has particular expertise in the structured financing of infrastructure, energy, petrochemical and mining projects. The seven-strong group is also notably active in the financing of M&A deals; financings through the issuance of guaranteed and secured bonds in the Chilean and international markets; and aircraft-related financing. Foreign and local banks additionally turn to the group for assistance with day-to-day operations, along with reorganisations, and bankruptcy and liquidation processes. Recent matters saw the team advise Mytilineos Energy & Metals (and subsidiaries) on a $377m project financing for the construction of four photovoltaic generation projects in Chile. The practice is led by project financing expert Patricio Montes (whose international career includes working as a foreign associate in Shearman & Sterling LLP’s New York office), with key support provided by Diego Garay, another notably active project finance practitioner. The department further includes deeply experienced senior partner Jorge Granic, who advises on the structuring and financing of complex industrial projects; and project finance specialists Cristóbal Morandé and Joaquín Larrain. At associate level, intermediate Michelle Inzunza - whose practice is centred on banking, finance and capital markets, along with projects and public works' concession - is the key contact.

The 11-member banking and finance department at full-service firm Philippi Prietocarrizosa Ferrero DU & Uría acts for foreign and domestic banks, financial institutions, borrowers and sponsors on energy, mining and infrastructure-related project financing. With ’an excellent understanding of local regulations, as well as experience in negotiating credit facilities that are subject to New York law’, the group’s track record also includes multiple corporate finance transactions, along with aircraft lease and financing work. The practice additionally advises financial institutions on the regulatory aspects of banking, financial, capital markets, payment methods and fintech. The team’s principal advisers are banking, finance and infrastructure project specialist, Andrés Sanfuentes; Marcela Silva, whose experience includes advising lenders, borrowers and sponsors on the financing of mining, infrastructure and energy projects, as well as desalination plants; asset and project financing expert Daniel Parodi, who also regularly assists with aircraft and vessel financing; and financial and banking regulation practitioner Guillermo Vial. In January 2024, both Parodi (‘a skilled negotiator who always proposes an appropriate and timely strategy’) and Vial were made partners, while Pedro Pablo Valenzuela, who is experienced in banking and finance, as well as project financing, was raised to principal associate. Intermediate associate Juan Ignacio Rosales is also noted. Former senior Ignacio Chomalí departed the firm in June 2023.

Cuatrecasas' sizeable banking and finance practice in Santiago advises a range of financiers on high-level finance transactions. The team is particularly active in restructuring, refinancing, project finance, and banking regulatory matters. The department is co-led by Roberto Guerrero V, whose impressive track record includes deals in the energy, finance, fishing, infrastructure, mining, telecoms, and the food-and-beverage sectors; and 'super competent' project finance and capital markets specialist, Macarena Ravinet. The group also includes structured and distressed finance expert Alfonso Ugarte, who is currently working in the firm’s New York office; and principal associate Federico Espinosa, who advises financial entities, sponsors, borrowers and developers on a broad range of banking and finance matters.

Dentons‘s six-member team is experienced in significant energy-related project finance deals, especially carbon-neutral matters. The group is regularly involved in transactions that are structured as syndicated senior loans from foreign financial institutions, and also houses experts in sustainability-linked financings. Leading the team, Felipe Rencoret Prieto routinely acts on acquisition, corporate and project finance, along with debt restructurings and bond issues. Notable support is provided by Luis Izquierdo, whose experience includes advising various foreign funds on complex financings to Chilean companies; and senior associate Matías González, who acts for both major local banks and energy project sponsors.

The full-service offering at DLA Piper Chile provides the Santiago office’s banking and finance practice with global leverage during high-end international finance transactions involving other jurisdictions. In addition to the team’s assistance to international conglomerates and companies with their traditional financing activities, the group is active in several fintech industry areas, such as payments, P2P lending, cryptocurrencies, and investment and personal finance. The Chile banking and finance practice is led by Mauricio Halpern, who advises banks, borrowers and sponsors on the structuring of credit facilities. In the senior associate ranks, Eduardo Araya focuses on financing and debt structuring, while Vicente Vergara (who returned from a year at the firm's New York offices in August 2023), advises borrowers on lending deals, structured products, and corporate and project financing.

MBC Abogados' 10-strong finance team advises companies on a range of transactions, from M&A and joint ventures to project financings and general corporate governance. The ‘fast and consistent’ group is particularly specialised in the real estate sector, as well as leaseback deals, credit facility agreements and refinancings. Co-leading the practice, Carolina Menichetti and Benjamín Salas are highly regarded real estate finance experts. At senior associate level, Sybil O’Reilly's recent experience includes advising Inmobiliaria Pie Andino on the refinancing of real estate assets; and Guillermo Bobenrieth assists with both financing transactions and venture capital financing.

The six-member banking and finance team at full-service law firm Prieto Abogados advises both lenders and borrowers on major financing transactions. The group is particularly active in the energy, infrastructure and automotive sectors, as well as the power transmission, mining and real estate industries. It also assists both local and international clients with banking and financial regulatory matters and is increasingly active advising private funds on the financing of start-ups and fintech companies. The department is led by project financing expert Mario Gorziglia C alongside counsel and finance specialist Isabel Monge P. Juan Tagle Q advises on energy industry financings and Isabel Wolleter E's expertise includes syndicated and bilateral loan agreements. Senior associate Aníbal Larrain assists with syndicated loans and international debt placements as well as advising on finance regulations - particularly fintech in relation to banking regulation.

Ried Fabres' 12-strong group has notable experience in significant loan transactions, project finance, and international and local bonds, while additionally housing deep derivatives trading expertise. The banking and finance practice is also regularly mandated to provide reports on banking regulatory matters; and is particularly lauded for its knowledge of Chile’s banking and capital markets regulators. A group of four partners constitute the department’s principal advisers. Longstanding banking and finance practitioner Cristián Fabres and fellow name partner José Miguel Ried (who consistently acts on major banking and finance matters) are both well known market figures. The pair are complemented by younger partners Ricardo Abogabir and Jaime Hirschberg who both handle finance transactions, bond offerings and regulatory issues, along with derivatives matters and IPOs, respectively. At associate level, senior Ariadna Beroiz and intermediate Magdalena Varas provide key support.

The nine-strong banking and finance group at Urenda, Rencoret, Orrego y Dörr is particularly active in mining and energy project-related financings. The practice’s wide-ranging expertise also covers debt transactions, securities, derivatives, equity offerings, structured finance, securitisation, and regulatory matters. The ‘very capable and proactive’ team is co-led led by Felipe Rencoret Portales, a banking, finance and infrastructure project financing specialist, whose expertise extends to real estate, construction, corporate law and M&A; and mining sector expert Nicholas Mocarquer, who assists both borrowers and lenders with structured finance, regulatory issues, and debt and equity offerings. Providing further support, veteran practitioner Sergio Orrego has deep banking and finance experience, and Rafael Rencoret's broad offering covers bankruptcy and reorganisations.

The banking and finance team at Alessandri & Compañía Abogados assists financial institutions, borrowers and underwriters with both cross-border and domestic transactions. The department includes experts in credit transactions governed by US laws; and it has notable experience in real estate and movable collateral packages under Chilean law. The practice is led by banking law and corporate finance specialist Fernando Jamarne, who is experienced in public bids, bond issuances, syndicated loans, private issues, and loan contracts. Promoted to partner in March 2023, José Cuadra's broad practice includes foreign investment, M&A, and corporate finance with financial institutions and multilateral entities. At associate level, semi-senior Hans Kokott is currently completing his LLM in finance, while intermediate Vicente Guíñez assists with banking matters (particularly syndicated loans) and fintech.

The five-member team at Baraona Marshall & Cía routinely acts for domestic and foreign banks, investment firms and issuers on the gamut of credit work, including local and international project-related structuring and restructuring finance facilities. Leveraging the firm’s close relations with the regulators, the department also actively participates in the development of banking regulations. The ‘very knowledgeable’ practice group is led by Raúl Marshall, whose experience includes syndicated bank financings, project and infrastructure financings, capital markets, private equity, M&A, reorganisations and corporate restructuring. The team further includes Rodolfo Vega, whose broad practice includes advising both borrowers and lenders on major transactions; and senior associates Juan José Grez (who recently completed his LLM in finance law) and Trinidad Sáenz, both of whom are also notably active in finance matters.

CMS Carey & Allende's nine-member banking and finance practice handles regulatory compliance work, asset management, financial structuring, loans, and international banking. The team is particularly proficient in energy and infrastructure project-related financings, as well as acquisition finance and domestic corporate financing. Former senior associate Enrique Vergara, who advises on syndicated loans, credit transfers, corporate bonds, and energy and infrastructure project finance, was promoted to partner in April 2024. Dual qualified (Chile/New York) Jorge Allende Destuet returned from 18 months as a visiting partner at New York City-headquartered law firm Simpson Thacher & Bartlett LLP in January 2024 – his broad practice includes corporate M&A, private equity, capital markets and project finance. Former practice head Fernando De Cárcer exited the firm in April 2024.

The 11-member banking and finance group at Fischer y Cía is experienced in the financing of corporate business transactions and asset acquisitions, such as mergers, divisions and reorganisations. The team is routinely mandated to advise on corporate financings, debt restructurings and financial guarantees; and is also experienced in transactions involving securities, insurance, and banking regulatory matters. Leading the firm’s transactional practice, ‘great lawyer’ Gerardo Cruzat is a specialist in banking and finance, M&A, and general corporate matters; fellow finance-practice co-head, managing partner Cristóbal Herrera, is an expert in capital markets, financing, derivatives, and corporate work.

Jara Del Favero Abogados' banking and finance practice focuses predominantly on mining sector-related financings. The department is co-led by Felipe Ovalle, whose wide-ranging experience includes corporate finance and infrastructure-related financings; Alvaro Caviedes, an adviser to both domestic and foreign clients on financial matters and both debt and equity capital markets' issues; real estate practice leader Sven Herlin, who advises on financings involving real estate projects and technology companies; and Christian Schiessler, whose practice covers syndicated loan agreements and complex financing operations, along with capital markets work. Promoted to practice director (regulatory and compliance) in June 2023, Macarena Naranjo rounds out the team.