Practice Areas


Banks and Financing


Larrain y Asociados advises and represents banks, insurance companies, agents and financial institutions and companies in the negotiation of syndicated and bilateral loans, both local and offshore.

The team has recognized experience in acquisition financing, structured financing, energy project financing, petrochemical, mining and public and private infrastructure financing, as well as refinancing of liabilities and financial reorganizations.

We have developed original schemes for the structuring of complex financing through the issuance of guaranteed and insured bonds, in the Chilean and international markets and in financing schemes for the aeronautical sector. We have also participated in the process of issuing securitized bonds and the issuance of bonds in foreign markets.

Representative Experience

Advised to Banco de Chile, Itaú Corpbanca and Banco del Estado de Chilein a syndicated financing for an approximated amount of US$ 81.000.000, provided to Ruta de la Araucanía Sociedad Concesionaria S.A., subsidiary of Grupo ISA Intervial, in order to perform certain additional work required by MOP regarding fiscal work “Concesión Internacional Ruta 5 Tramo Collipullli-Temuco”.

Representative Experience

The firm has helped energy companies EDF Energy and Andes Mining & Energy obtain a US$175 million loan to fund their acquisition of four thermal power stations. The deal was made through the companies’ joint venture Generadora Eléctrica Santiago.

The proceeds were used to fund EDF and Andes Mining’s US$300 million acquisition of Chilean power company AES Gener’s subsidiary, Sociedad Eléctrica Santiago.

Representative Experience

Larrain y Asociados advised Banco BTG Pactual, Banco Internacional and Banco Security in granting a financing to Casino de la Bahia S.A., Casino del Mar S.A., Casino del Lago S.A., and Casino de Puerto Varas S.A., subsidiaries of Enjoy S.A., and which have been awarded new operating licenses of casinos in the municipalities of Coquimbo, Viña del Mar, Pucón and Puerto Varas, respectively, for an approximate amount of US$200,000,000.

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