Claro & Cia

Chile

IFLR1000 Reviews

Financial and corporate

Claro & Cia, a full-service firm based in Santiago and part of Lex Mundi, was founded in 1880. Renowned for its financial and corporate expertise, the firm also excels in projects. Its banking and finance team represents borrowers in credit facilities and bridge loans for project and acquisition financing. The capital markets team handles debt and equity matters, including tender offers and bond issuances. In M&A, Claro & Cia represents strategic buyers and sellers in acquisitions, joint ventures, and corporate agreements across various industries. The projects team is active in infrastructure and energy financing. 

 

Highlights 

The firm provided legal advice as local counsel for SQM on a $100 million export finance facility with The Export-Import Bank of Korea and Banco Santander S.A., for developing lithium mines. Additionally, Claro represented Sociedad Transmisora Metropolitana in securing a $1.1 billion dual-currency syndicated acquisition loan, which partially financed the $1.5 billion acquisition of Enel Transmisión Chile S.A. This acquisition was uniquely structured as both a privately negotiated share purchase and a concurrent public tender offer on the Chilean Stock Exchange, showcasing their ability to handle complex matters with ease. 

 

Key Clients 

Banco Itaú Chile, Celeo Redes, Banco Internacional, ScaleX, Enfregen, Cristaleria de Chile, Anglo American, LATAM Airlines Group, Euroamerica, Citigroup Latinoamerican 

 

Testimonials 

Expertise and thorough, timely responsiveness.” (Banking and finance) 

Great knowledge of the issues, capacity to envision and implement innovative solutions.” (M&A)