The most current iteration of full-service firm Philippi Prietocarrizosa Ferrero DU & Uría, or PPU, was formed in 2015 from the merger between Chilean firms Philippi, Yrarrázaval, Pulido & Brunner, Colombian firm Prietocarrizosa and Peruvian firms Ferrero Abogados and Delmar Ugarte. The Ibero-American firm maintains offices in Chile, Colombia and Peru, with additional offices in Spain, Portugal, New York, London and Brussels thanks to its partnership with Spanish and Portuguese firm Uría Menéndez. The firm is also part of the SCG Legal and World Law Group networks. In Chile, the firm’s office is located in Santiago and is known for its standout work in the corporate and project development practices.
Highlights
The firm provided legal counsel on a multi-award-winning deal, advising on Chile’s first sustainability-linked bond. In this groundbreaking transaction, CMPC committed to a 50% reduction in greenhouse gas emissions by 2030. This deal significantly impacted the Chilean digital sector, set a benchmark for future foreign investors, and effectively employed an innovative debt structure.
Key Clients
BNP Paribas, MUFG Bank, Scotiabank Chile, BofA Securities, JP Morgan Securities, Citigroup Global Markets, Sumitomo Chemical Company, Repsol, AD Retail, Ardian, Caixabank and Kinross Gold.