Pacífico Sur Terminal, Valparaíso Port, V Region of Valparaíso, Chile

Financial Restructuring

Overview

We have more than three decades of experience structuring innovative financing packages for local and international clients. In the 1980s, we put together the first project financing for a mining project, involving local banks, in Chile—La Candelaria, Phelps Dodge. today Lundin Mining. In the 1990s, we structured the first BOT concession for a new port terminal in Chile—Complejo Portuario Mejillones, and we structured the first local bond for a multinational mining company in Chile—Escondida. In the 2000s, we designed the first simultaneous bond for a Chilean company in Chile and the US—ENAP and subsequently we have developed very sophisticated structured finance vehicles in Chile in the forestry (Fondo Bio Bio) and mining sectors (Joint Venture Minmetals-Codelco).

Based on our access to financing sources in all segments –including pension funds, banks, insurance companies, family offices, private bankers, private equity funds, and other asset managers—, and our deep understanding of each investor’s investment preferences, we are able to put together the best combination of financing sources for our clients´ needs. For each particular case, we creatively design the right solution with regard to the product type, financing amount, tenor, currency, contract terms and risk allocation.

Los Bronces Mine, Anglo American, Metropolitan Region, Chile

Los Bronces Mine, Anglo American, Metropolitan Region, Chile

Anglo American is Chile´s third largest copper producer. Asset negotiated and secured 10-year energy supply contracts for Los Bronces´ existing and future mining operations. A total 300 MW of power supply was contracted with Colbún and Gener.