Morales & Besa: No. 1 in capital markets in Chile – Latin Lawyer capital markets league table 2018

We want to congratulate our Capital Markets team for their outstanding position in the Latin Lawyer capital markets league table 2018, which considers all the transactions reported to Latin Lawyer between January and December 2018. Morales & Besa was involved in 16 capital markets transactions, with a total combined value of US $ 8,508 million. With this, our firm leads the ranking both by number of transactions and by total combined value.

We want to thank our clients and friends, for their confidence in the quality of our work and our team for their commitment and excellent performance!

*Associate Mariana Schnettler was absent.

Latin Lawyer capital markets league table 2018 – Chile

“Morales & Besa and Carey closed the most capital markets transactions in Chile in 2018, advising on 16 and nine respectively. Morales & Besa had the highest deal volume of any local law firm outside the two biggest economies, Brazil and Mexico. Barros & Errázuriz Abogados and Prieto followed with seven deals each.

Morales & Besa’s transactions also had the highest combined deal value, totalling US$8.5 billion, while Philippi Prietocarrizosa Ferrero DU & Uría (Chile) came next with US$5.6 billion. The two firms’ high deal value can be attributed to their work on Chile’s US$3 billion sovereign issuance in early 2018, as well as the country’s US$1.6 billion issuance, which occurred in July. Other deals also stand out. Carey and PPU landed a place on financial services cooperative Coopeuch debt tap worth US$1 billion, while Alessandri and Carey worked on Enel Chile’s issuance worth US$1 billion. Meanwhile, three local firms scored a place on Chile’s largest-ever IPO. Prieto helped retailer Mallplaza raise US$530 billion, while Claro & Cía advised the selling shareholders and Morales & Besa the placement agents. Carey and Garrigues (Chile) advised Mallplaza’s owner, Falabella, in its secondary shares offering worth US$550 million”.

• Credits to Latin Lawyer 2019.

You can review the complete analysis here: Latin Lawyer capital markets league table 2018