

Overview
Mayer Brown is one of the most active international law firms in Latin America and the Caribbean, providing clients experienced legal advice across the region in primary areas of banking and finance, projects and infrastructure, capital markets, corporate M&A and Energy, as well as in cross-border arbitrations and legal disputes.
As one of the first international law firms to service client interests in Latin America and the Caribbean, we have the ability to provide advice on local Brazilian law issues through our association firm in Brazil, Tauil & Chequer Advogados (T&C).
The strength of our practice is having a dedicated team of mostly bilingual or trilingual lawyers that fully understand the legal and political challenges within the local landscapes and have the cultural and business skills to work effectively in the region. Our clients include US, European and Asian companies and financial institutions with business interests in the region, as well as a wide range of corporations and financial institutions headquartered in Latin America and the Caribbean.
Banking & Finance
The lawyers in our Latin America Banking & Finance practice represent financial institutions and companies throughout the region in the full range of financing activities, including secured and unsecured financing, acquisition financing, project financing, and structured finance transactions, from traditional loans to the most complex securities offerings.
Projects and Infrastructure
Our Projects and Infrastructure team regularly represents sponsors, investors, developers and financial institutions (including ECAs and DFIs) in project development and financings throughout Latin America. Our experience includes advising on projects in the power, renewables, oil, gas and pipeline, mining, toll road, port, and infrastructure sectors.
We advise on the full range of project financing techniques, including senior and subordinated lending, equity investments, and leveraged lease transactions. We also have extensive experience in preparing and negotiating all types of project-related agreements, including partnership agreements, power purchase agreements, transmission agreements, fuel supply contracts, management agreements, engineering, procurement and construction contracts, and operating and maintenance agreements.
Capital Markets
Mayer Brown has wide-ranging capital markets experience in Latin America and the Caribbean. We regularly represent issuers, underwriters and placement agents in offerings by Latin American and Caribbean companies, including high-yield and investment grade bonds, medium- and short-term notes, as well as bonds collateralized by a diverse range of receivables and equity securities. In addition, we counsel Latin American companies and their creditors on restructuring transactions, tender offers, exchange offers, consent solicitations and negotiated restructurings.
Corporate/M&A
The lawyers in our Latin American Corporate/M&A practice represent a broad spectrum of public and private companies, private equity and leveraged buyout firms, special committees, closely held companies, management groups, and individuals across the region. We also regularly advise regional, national and global investment banks in their roles as financiers or financial advisors in M&A transactions. We have particular knowledge of the energy and natural resources sectors, where our team has extensive experience in transactions related to oil and gas, LNG, power, and mining across the region. Whatever the transaction, we are known for delivering both top-level client service and creative solutions to complex problems.
Energy
Within Latin America, we offer experienced bilingual teams with in-depth experience in each of the major energy sectors, from oil and gas to renewable energy and power. We devise creative solutions to complex problems. Mayer Brown’s Energy team has advised oil, natural gas, pipeline, coal and electric power companies; liquefied natural gas project developers; and renewable energy providers as they develop, acquire, structure and finance the deals that fuel their growth.
Latin America & Caribbean Practice Highlights
Experience
The Latin America & the Caribbean team at Mayer Brown has consistently and successfully represented clients with interests in this region because we understand how to approach its diversity. In addition to our legal skills, we understand the legal and political challenges within the local landscapes and have the cultural and linguistic skills to work effectively in this context. Examples of our recent experience include:
Banking and Finance
- Nissan Mexico. Represented NR Finance México, S.A. de C.V., as originator and servicer, in a private peso-linked warehouse facility for an aggregate amount of US$1.5 billion, with JPMorgan as lender, arranger and agent and a Mexican trust as borrower. This transaction represents Nissan‘s inaugural cross-border asset backed securitization (ABS) facility in Mexico and marks a historic milestone: it is the largest of its kind ever executed in Latin America and ranks as the third largest in emerging markets globally.
- EPM. Acted as special New York counsel to Empresas Públicas de Medellín E.S.P., a public utility services company organized and existing under the laws of the Republic of Colombia, a US$500 million external credit agreement supported by the Italian Export Credit Agency (SACE).
- Codelco. Advised Corporación Nacional del Cobre de Chile (Codelco), the Chilean state-owned copper company and the largest copper producer globally, in connection with a US$500 million credit agreement with Banco Santander. Italian insurance and finacial group, SACE, issued a guarantee to cover the loan, with a commitment from the company to participate in matchmaking events organized by SACE aimed at involving Italian businesses.
- Red Amigo. Represented Goldman Sachs Bank USA, as administrative agent, arranger and lender, in a side-by-side transaction involving the renewal and upsize of its US$233 million revolving warehouse credit facility and a new $225 million warehouse credit facility, each with a different Mexican trust settled by Red Amigo DAL as borrower and secured by different portfolios of SME loans originated by Red Amigo in Mexico.
- Del Real Foods. Represented the Arrangers (CitiGroup GM and JPMorgan) in a US$75 million acquisition facility to fund CMI Alimentos' acquisition of a majority stake in Del Real Foods.
- NU Colombia. Represented DFC, as lender, in an unsecured US$150 million loan to NU Colombia S.A. to expand its digital financial services business in Colombia. The loan was guaranteed by Nu Holdings Ltd., an affiliate of NuBank.
- BAC International Bank. Represented Wells Fargo, JP Morgan, and SMBC, as Joint Lead Arrangers and Bookrunners, in connection with a US$500 million facility to Panamanian bank BAC International Bank, Inc. This is the largest financing of its kind in the history of a Panamanian banking institution.
- City of Barranquilla. Represented Deutsche Bank AG in connection with a US$100 million senior credit facility for the City of Barranquilla, Colombia.
- City of Bogota. Represented City of Bogota, Colombia, as borrower, in an unsecured loan from Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) guaranteed by the Multilateral Investment Guarantee Agency. This was the first guaranteed loan to a city in Colombia that was denominated in local currency.
- Tesorito. Represented Sumitomo Mitsui Banking Corporation and Banco Santander, S.A, in a syndicated financing for the development, construction, commissioning, finance, ownership, maintenance operation and use of a 200MW natural gas-fired thermal power plant in Colombia.
Projects and Infrastructure
- Block 58 GranMorgu Oil Project. Advised the African Export-Import Bank, Bladex and Deutsche Bank AG as Global Coordinators and Mandated Lead Arrangers of the US$1.75 billion long-term, senior secured loan financing facility for Staatsolie to partially refinance existing debt and will be used to fund its 20% interest in the GranMorgu upstream offshore oil project. Named LatinFinance 2025 Loan of the Year.
- Vaca Muerta Pipeline. Represented Chevron Argentina S.R.L., an affiliate of Chevron Corporation, in connection with a US$2 billion syndicated loan financing for the construction of the Vaca Muerta Sur oil pipeline project in Argentina.
- Sergipe Power Project. Advised Eneva S.A. on the refinancing of R$5 billion (approx. US$1.8 billion) of loan and bond project financing of a 1,516 MW gas fired power generation project in Sergipe, Brazil. The project financing consisted of local currency USD settled 144A/Reg S senior secured notes and commercial and multilateral bank loans.
- Kimal-Lo Aguirre Transmission Line. Represented The Hong Kong Shanghai Banking Corporation Limited (HSBC), as lender in the US$160 million equity bridge loan for the Kimal-Lo Aguirre HVDC transmission line in Chile. We also represented Banco Santander as pre-hedge provider for the project.
- Sao Paulo Line 6. Represented Acciona, on a R$6.9 billion (US$1.34 billion) financing deal with Brazil’s National Bank for Economic and Social Development (BNDES) to develop the largest public-private infrastructure project under construction in Latin America: Line 6 of the São Paulo subway in Brazil.
- Autopista Pacifico 2. Represented the lenders—Itaú, SMBC, BNP Paribas and CDPQ—in the Colombian Peso 839,999.97m (US$219 million) local currency financing of the Pacifico 2 Toll Road Project in Colombia. The proceeds will be used by Odinsa and John Laing to refinance the peso tranche of Colombia’s Pacífico 2 toll road after completing a refi for the concession’s dollar-denominated debt in 2021, where we also advised the lenders.
- Loma Blanca and Miramar Wind Projects. Represented Xinjiang Goldwind Science & Technology Co., Ltd (“Goldwind”) as Guarantor and its five Argentine subsidiaries as Borrowers, in a US$ 270 million, four-year syndicated Green Loan facility.
Capital Markets
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Banco Pichincha. Advised Goldman Sachs, as sole structuring agent and placement agent, in the second series of notes issued by Ecuadorian bank Banco Pichincha (the largest in the country) under its diversified payment rights (DPR) securitization program, consisting of US$300 million principal amount of Series 2022-1 Fixed Rate Notes.
- City of Bogota. Advised the City of Bogota on the issuance of a US$600 million COP-denominated green bond due 2035, the proceeds of which and it will be used to finance certain projects as part of its green development policies.
- Banco Industrial DPR. Represented a group of private placement investors in a US$996 million offering of notes secured by existing and future Dollar-denominated diversified payment rights (DPRs) originated by Banco Industrial S.A., the largest bank in Guatemala.
- Interceramic. Represented Prudential Investment Management Services, LLC (“PIMS”) and other private placement investors in a US$350 million private placement that was part of a US$600 million refinancing of bridge loans incurred by Internacional de Ceramica SA.
- Orizon VR. Tauil & Chequer Advogados, in association with Mayer Brown and Mayer Brown advised—both in Brazil and in the United States—Orizon Valorização de Resíduos S.A. (Orizon VR) on a potential R$ 1.3 billion equity transaction that comprised: (i) negotiating a private investment agreement between Orizon VR’s controlling shareholders and funds managed by eB Capital, implemented through an investment holding company, and (ii) carrying out a follow-on offering of shares in Brazil, with placement efforts pursuant to Rule 144A / Regulation S of the U.S. Securities Act. Each share sold in the offering included a warrant as an additional benefit to investors.
- Nueva Elektra. Represented BCP Securities and Jefferies as initial purchasers of a US$350 million issuance by Nueva Elektra del Milenio of remittance-backed notes due 2031. This issuance was the second issuance using this structure (the initial issuance was for US$500 million in 2021).
- Procaps. Represented GLAS Americas LLC, as Collateral Agent, in a restructuring across four different NY and Colombian law facilities granted to Procaps S.A., a Colombian company, as borrower or notes issuer, as applicable, for an aggregate outstanding amount of ~US$189 million.
- Banco del Pacífico DPR. Acted as Counsel to Banco Santander, as Underwriter, on a US$125 million offering of dollar-denominated diversified payment rights (DPRs). Banco del Pacífico established its DPR programme in 2020. DPRs allow an onshore bank to receive payments from an offshore bank.
- Global Bank. Represented Panamanian bank Global Bank Corporation, as originator, in the establishment of a Diversified Payment Rights program and the issuance of the Series 2021-1 Loans and Series 2021-2 Notes for up to US$125 million and US$100 million respectively in favor of Global Bank Corporation and Marcia North Gate Limited, a Cayman special purpose vehicle.
- Banco Pichincha. Advised Goldman Sachs, as sole structuring agent and placement agent, in the second series of notes issued by Ecuadorian bank Banco Pichincha (the largest in the country) under its diversified payment rights (DPR) securitization program, consisting of US$300 million principal amount of Series 2022-1 Fixed Rate Notes.
Corporate M&A
- Vaca Muerta Pipeline. Represented Chevron Argentina S.R.L., an affiliate of Chevron Corporation, in connection with a US$2 billion syndicated loan financing for the construction of the Vaca Muerta Sur oil pipeline project in Argentina, driven by VMOS S.A., a special-purpose midstream pipeline company, and its participating shareholders YPF, Pluspetrol, Pan American Energy, Pampa Energía, Vista, Chevron, Shell, Tecpetrol and GyP.
- Vista Energy Acquisition. Advised PETRONAS Carigali Canada B.V. and PETRONAS Carigali International E&P B.V. on the sale of 100 percent of the capital stock of PETRONAS E&P Argentina S.A. to Vista Energy, S.A.B. de C.V. and Vista Argentina S.A.U. PEPASA which holds a 50 percent working interest in the La Amarga Chica unconventional oil and gas concession in the Vaca Muerta formation located in Neuquén, Argentina.
- ExxonMobil Acquisition. Advised Pluspetrol, S.A. on the acquisition of ExxonMobil Exploration Argentina S.R.L. from ExxonMobil Argentina Investments B.V. and QatarEnergy Argentina Holdings LLC. The acquisition includes stakes in blocks Bajo del Choique-La Invernada, Los Toldos I Sur, Los Toldos II Oeste, and Pampa de las Yeguas, in the Province of Neuquén, Argentina, in addition to a stake in the Oleoductos del Valle (Oldelval) oil pipeline.
- Cemex. Represented CEMEX S.A.B. de C.V. in the sale by Sunbulk Shipping, S.L.U, a Spanish subsidiary of CEMEX, of all of the shares it owns in Cemex Dominicana, S.A. and Transportes San Pedro, SRL to a consortium led by Cementos Progreso Holdings, S.L. for total consideration of approximately $950 million.
- PRIO (Equinor). Represented Rio de Janeiro-based oil giant PRIO in its acquisition of two local oil fields from the Brazilian arm of Norwegian state-owned energy group Equinor for US$3.5 billion, gaining full control of the assets.
- PRIO (Sinochem). Represented PRIO in obtaining a stake in a field in the Campos Basin by acquiring the Dutch subsidiary of Chinese investor Sinochem for US$1.9 billion.
- Bloomin’ Brands. Represented Vinci Partners in its acquisition of a controlling stake in the Brazilian operations of US restaurant group Bloomin’ Brands for 2 billion reais (US$357 million), including the local arm of famous eatery Outback Steakhouse.
- Talos Mexico. Advised Houston-based independent offshore exploration and production company Talos Energy Inc. (Talos) on the sale of a 49.9% interest in Talos Mexico, the company’s Mexican subsidiary, to Zamajal, S.A. de C.V., a wholly owned subsidiary of Grupo Carso.

OUT OF COMPLEXITY, A DEAL CRYSTALLIZES
Recognition
IFLR
Securitization & Structured Finance Team of the year 2023
Chambers Latin America 2025
Banking & Finance - International Counsel
Project Finance - International Counsel
Banking & Finance in Brazil*
Brazil:
Agribusiness
Banking & Finance
Bankruptcy/Restructuring
Capital Markets: Debt
Capital Markets: Equity
Competition/Antitrust
Compliance
Corporate/M&A
Corporate/M&A: The Elite
Dispute Resolution: Arbitration
Dispute Resolution: Litigation
Dispute Resolution: Litigation: Highly Regarded
Energy & Natural Resources: Oil & Gas*
Energy & Natural Resources: Power
Environment
Environmental, Social & Governance (ESG)
Intellectual Property: Trademark, Copyright & Trade Secrets
Labour & Employment: Rio de Janeiro
Project Development
Project Finance
Public Law
Real Estate
Tax Non-contentious: Highly Regarded
Tax: Rio de Janeiro
Latinvex Top Law Firms 2025
Mining – Top 5
Project Finance – Top 10
Energy – Top 10
Legal 500 Latin America 2026
Banking and Finance: International Firms
Capital Markets: International Firms
Corporate M&A: International Firms
Projects and Energy: International Firms
City Leaders - Houston
Banking and Finance: Brazil*
Projects and Infrastructure: Brazil*
Corporate M&A: Brazil (Tier 1)*
Energy and Natural Resources: Brazil (Tier 1)*
Latin Lawyer 250 2025
Project finance & infrastructure
Energy
Banking & finance
Corporate and M&A
Deals of the Year
- Block 58 GranMorgu Oil Project (Suriname).--Loan of the Year 2025 by LatinFinance.
- Dutra and Rio-Santos highways (Brazil)--Road Financing of the Year and Market Impact Award - Latin America 2025 by LatinFinance.*
- EcoRioMinas Road Concession (Brazil)--Local Currency Financing of the Year 2025 LatinFinance.*
- Republic of El Salvador’s debt-for-nature conversion--Debt and Equity-Linked Deal of the Year 2025 IFLR Americas Awards
- VINCI Acquisition of Mexican Airports--Cross-Border M&A Deal of the Year 2023 by LatinFinance, Infrastructure Finance Deal of the Year 2023 byBonds & Loans.
- São Paulo Metro Line 6 Project—Transport Deal of the Year by IJ Global, Latin America PPP Deal of the Year and Overall Latin America Deal of the Year by Proximo, Deal of the Year: Project Finance by IFLR, Infrastructure Financing of the Year: Brazil by LatinFinance and Transport Deal of the Year by Project Finance International (PFI), who noted that, “the sheer size and importance of the project and lengths taken to get this financing done over the years mean it stands out as Latin America’s premiere PPP deal in 2022.”
- Interchile Project/Green Bond Refinancing—Latin America Power & Overall Deal of the Year 2021 by Proximo and ESG Deal of the Year 2021 by LatinFinance.
- Acajutla Power Plant (El Salvador)—Infrastructure Financing of the Year: Central America 2020 by LatinFinance.
- Trans-Jamaican Highway (Jamaica)—Infrastructure Financing of the Year-Caribbean 2019 by LatinFinance.
- TAG Pipeline (Brazil)–2019 Latin America M&A Deal of the Year by IJ Global, Oil & Gas Financing of the Year and Cross Border M&A Deal of the Year 2019 by LatinFinance.*
- CRC Transmission Project (Chile)–2019 Latin America Transmission Deal of the Year by IJ Global.
- Quebrada Blanca Phase 2 copper mine project (Chile)–Americas Mining Deal of the Year 2019 by Project Finance International.
- Bioceanico Highway (Paraguay)–Bond of the Year 2019 by LatinFinance.
- Naranjal and Del Litoral Solar Power Plants (Uruguay)–Latin America: Structured Bond Deal of the Year 2019 by Bonds & Loans Latin America.
- Centrais Elétricas de Sergipe (Brazil)—Best Bond and Best Infrastructure Financing (Brazil), LatinFinance 2018 and IJ Global “Latin American Power Deal of the Year” 2018.
- Celeo Redes Operación (Chile)—Best Power Financing, Best Bond and Best Infrastructure Financing (Andes) LatinFinance 2017.
- Kingston Container Terminal Expansion (Jamaica)—North America Port Deal of the Year 2016, IJ Global and Best Port Financing, LatinFinance 2017.
- Bermuda Airport–North America Airport Deal of the Year 2017 by IJ Global.
- Campo Palomas (Uruguay)–2017 Project Finance Deal of the Year, Bonds & Loans Latin America.
- Aruba Green Corridor--Best Infrastructure Financing: Caribbean 2016 by LatinFinance.
- Rutas de Lima Toll Road (Peru)–Best Local Currency Financing; Best Road Financing; and Best Infrastructure Financing (Andes), LatinFinance 2015 and 2014 PPP Deal of the Year by World Finance magazine.
- Parque Eólico Marcona/Tres Hermanas (Peru)–Best Renewable Energy Financing, LatinFinance 2015.
- ACI Airport SudAmérica (Uruguay)–Best Airport Financing, LatinFinance 2015.
*Through Tauil & Chequer Advogados in association with Mayer Brown










