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The Panama City metro's line 3 received $2 billion financing advised by Milbank. (Photo: El Metro de Panama)
The Metro de Lima Linea 2 received an $811 million loan refinancing advised by Latham & Watkins. (Photo: Metro de Lima)
Gianluca Bacchiocchi, Latham & Watkins and Dan Bartfeld, Alec Borisoff and Jaime Ramirez, Milbank. (Latinvex collage)
Wednesday, August 11, 2021
Legal Briefs

Latham, Milbank Advise Panama, Peru Metro Financing

Latham & Watkins, Milbank advise Chile, Paraguay financing.


Milbank advised the lead arrangers on the $2 billion financing for Metro de Panama’s Metro Line 3 Project; Latham & Watkins advised Metro de Lima Linea 2 and a group of international sponsors on a $811 million loan refinancing for Line 2 of the Lima-Callao Metro System in Peru; Milbank advised the joint lead arrangers and lenders in connection with the $441 million acquisition of a 49% stake in a renewable power portfolio in Chile owned by AES Andes by US-based Global Infrastructure Partners (GIP);  Latham & Watkins advised Itau, KfW and MetLife in the second-ever international securitization of government receivables for public works in Paraguay and Milbank represented the lenders in the acquisition financing of Chilean fuel retailer Gasmar by US-based Arroyo Energy.

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Keywords: Chile, Finance, Latham & Watkins, Milbank, Panama, Paraguay, Peru



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