Latham & Watkins’ Latin America Practice Advises on Deals of the Year

Latham & Watkins’ Latin America Practice advised on two transactions named Deals of the Year by The Legal 500 Colombia and The Legal 500 Chile. This showcases the firm’s innovative and groundbreaking work in the region. The awards, selected by a judging panel of The Legal 500 staff, recognize the best legal talent and work across Latin America.

The Legal 500 honored Latham’s work on:

• The Legal 500 Colombia Awards — Deal of the Year (Finance) — Rumichaca-Pasto Toll Road Project: Latham advised multiple parties on the multi-source financing for the construction, operation, and maintenance of approximately 83 km of toll roads in the Department of Nariño under Colombia’s 4G program. The financing was notable for several innovative features, including being the first to include a project-level letter of credit facility for a project in Colombia, the first local currency project bond investment by the IDB Group, and the largest-ever financing for a 4G project.
• The Legal 500 Chile Awards — Deal of the Year (M&A) — GNL Quintero Sale to EIG and Fluxys: Latham advised the lenders on the acquisition financing deal for GNL Quintero, the largest terminal in Chile for receiving/unloading LNG and a critical energy infrastructure business supporting Chile’s decarbonization strategy. Gas infrastructure company Fluxys and institutional investor EIG acquired an 80% equity stake in Quintero from Enagás Chile SpA and affiliates of OMERS Infrastructure.

The Legal 500 recently recognized Latham as a leading law firm in Latin America. The firm has also been honored for its work in the region by IJInvestor, Chambers, and LatinFinance.