MILBANK WINS TOP AWARDS FROM CHAMBERS AND LATINFINANCE FOR LATIN AMERICA PROJECT FINANCE WORK IN 2014

Chambers recognizes Milbank as the top international projects law firm for fifth time in six years for oil/gas, power, natural resources and infrastructure deals in Latin America; LatinFinance names Milbank “Best Infrastructure Law Firm”

In recognition of its leading role in many of the most significant and high-profile project finance transactions in Latin America, Milbank, Tweed, Hadley & McCloy LLP has received the 2014 Chambers Latin America “Award for Excellence” in Projects.

Chambers recognized Milbank for the fifth time in six years for its work in the Latin America, which includes many “first of its kind” and complex project financings throughout the region.  Chambers officially announced the award at a dinner ceremony in Miami on September 19.

Andrés Jaramillo Mejia, editor of Chambers Latin America, remarked about Milbank’s stature in the Latin America market: “This well-regarded firm is noted for its focus on multi-jurisdictional project finance in the Latin American region and is regularly retained by major financial institutions and energy companies for its experience and comprehensive service.”

Separately, LatinFinance magazine, the leading financial market intelligence source for Latin America, has named Milbank as its 2014 “Best Infrastructure Law Firm.”

LatinFinance’s Infrastructure Finance Awards recognize firms and transactions that have the greatest potential to significantly influence Latin America’s economic progress. The LatinFinance awards were officially announced at a ceremony in New York City on October 1.

Milbank’s Latin America projects work spans oil/gas, energy and power, transportation, infrastructure and other industrial sectors.  One of the first law firms to establish a Latin America projects practice over 40 years ago, Milbank’s attorneys have vast experience in virtually every Latin American country and in virtually every capital intensive industry.

“Latin America continues to attract large-scale financing, equity investment and sectoral expertise for major projects, and we’re pleased to play a key advisory role in so many of the region’s highest-profile transactions,” said Milbank Project Finance group leader Dan Bartfeld, who has led the Milbank team in many of the firm’s most significant transactions in the region. “We are honored that our ongoing success in Latin America is once again recognized by Chambers, and that LatinFinance has noted the high quality of our attorneys’ work in a number of important financing projects. This recognition sets a new bar for us as we continue to pursue significant financing and capital markets work across this dynamic region.”

Partner Carolina Walther-Meade added that “We continue to see project finance structures being used in the traditionally active markets, such as Mexico and Brazil, and are also experiencing an expansion into the more recently growing markets, such as Colombia, Peru and Central America.  The market is demonstrating – and we are delighted to be a part of – a renewed interest in cross-border financings in the energy and transportation infrastructure sectors in the Latin American region.”

“With a worldwide practice that includes North America, Asia, Africa and the Middle East, Latin America remains a prime hub for our firm’s project work,” said Milbank partner Roland Estevez, a member of the Project Finance group who has worked on major financings and related transactions in Brazil, Mexico, Colombia, Chile, the Dominican Republic and elsewhere.  “From power plants and mining to highways and new forms of energy exploration, we’ve handled large transactions that are helping advance economic development and public works throughout Latin America.  It’s gratifying to see our work honored as tops in the region by Chambers and LatinFinance.”