Pine Forests, Celulosa Arauco y Constitución S.A., VIII Region of El Bio Bio, 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.

Pacífico Sur Terminal, Valparaíso Port, V Region of Valparaíso, Chile. www.epv.cl

Pacífico Sur Terminal, Valparaíso Port, V Region of Valparaíso, Chile. www.epv.cl

Empresa Portuaria Valparaiso engaged Asset Chile as its financial advisor for structuring and leading a new international bidding process. The objective was to award a private concession to an operator to build and manage a new container terminal.