As counsels specialized in banking law, we have been involved in the largest financial transactions in Uruguay ever, and as advisors to firms in the financial sector, we have been in the forefront of new financial trends, taking part in innovative, complex transactions.
Our practice includes:
- The design and structuring of debt paper issues;
- Project funding under traditional Project Finance layouts;
- Complex structured funding, securities issues, trusts structuring, mutual funds, and assets securitization;
- Mergers and acquisitions of banks and other companies in the financial sector;
- Advice on the setting up or incorporation of entities regulated by the Central Bank of Uruguay;
- Unequaled experience in advice to regulated entities operating in the FOREX/CFD market and in online trading;
- Comprehensive and ongoing advice on the development and negotiation of banking and stock contracts, fiduciary businesses, funding, guarantees, and transactions involving financial assets and derivatives, such as options and futures;
- Reorganization and liquidation of banks and other companies in the financial sector.
The deep experience acquired by our team has resulted in a unique skill in this area, to the extent that the opinion of members of our firm has been sought by lawmakers, who have invited them to take active part in the development of substantial rules and regulations making part of the framework designed to govern the Uruguayan financial system.
We have been involved in the funding of projects in the sectors of tourism, hospitality, agribusiness, industrial manufacturing, and mining. In recent years, we have had ongoing, fluent contact with regional and international credit entities such as IFC, IADB, CAF, and private international funds.
Experience:
BBVA
Regular counsels to the bank for their domestic and international transactions;
Exclusive legal advisors in the purchase of Credit Uruguay’s banking business, one of the largest transactions in the history of the Uruguayan financial system.
Banco Galicia
Legal advice in the restructuring of their operations in Uruguay;
Our advice included the design and implementation of the composition agreement of a financial intermediation entity, which was a milestone in Uruguay.
Rabobank
Legal advice to the Argentinean branch regarding its regional transactions;
Consultant services regarding funding and M&A.
X-Trade Brokers
We provided advice to this multinational securities broker and investment advisor, who is further the leader in the CFD, futures, commodities, options, and foreign currency markets, assisting them to set up in Uruguay under the regulation of the Central Bank of Uruguay.
Counsels to the firm in their day-to-day activities in Uruguay.
Project Funding
Akuo Energy
We provided advice to Akuo Energy and their Uruguayan subsidiaries in connection with the funding of their wind power parks in Uruguay, including the structuring of bridge loans and long-term funding amounting to over USD 300 million.
UPM-Kymmene
We provided advice to UPM-Kymmene and its subsidiaries in the funding of their paper mill in Fray Bentos, Uruguay through IFC, Calyon, Nordea and other banks for an aggregate of some USD 500 million.