Vincente Vergara

Vicente Vergara

Associate
Santiago
About

Vicente Vergara focuses his professional practice on the area of financing, advising both creditors and debtors in local and international debt operations (mainly based in New York). Vicente has vast experience in the whole range of financing alternatives, including project financing, syndicated loans, high-yield loans and private debt placements.

His practice focuses on the review and negotiation of complex credit agreements, as well as their ancillary documents, such as account agreements, intercompany agreements, guarantees, promissory notes and legal opinions.

In his corporate practice, Vicente represents numerous clients in structuring their businesses, both corporate and energy, and advises them on their various commercial needs, including commercial contracts, venture capital, mergers and acquisitions (M&A) and financial restructuring.

Areas of FocusFinanceProjects and Project FinanceCorporateMergers and AcquisitionsCorporate Venture CapitalFinancial Services
Bar AdmissionsChile, 2016

EXPERIENCE

  • Innergex Renewable Energy Inc. in Chilean and NY law matters pertaining to its Chilean assets in the acquisition by CDPQ, including the analysis of regulatory approvals, change of control provisions, conditions precedents, and due diligence on the Chilean operation as part of its strategy to align with sustainability objectives and international expansion following its acquisition by CDPQ
  • Summit Ridge Capital Partners, as lender, in executing a US$20 million credit agreement with Vecchiola S.A., a Chilean company that provides services to the mining industry for its general corporate purposes
  • Itaú Corpbanca, Credit Bank of Perú S.A.S. and BICE Bank, as lenders, for the loan facility granted to three Atlantica Yield's entities (Transmitter Baquedano S.A., Transmitter Mussels S.A. and Giant Palm Tree S.A.) for the second amendment to the financing
  • Zeal Chile, a Chilean subsidiary of Waterlogic, as lender, to a loan granted to Prisma Water SpA, an innovative Chilean company dedicated to producing purified water
  • CarbonFree Technology in financing the acquisition and development, construction, commissioning, testing, start-up, operation and maintenance of a portfolio of projects consisting of several photovoltaic solar energy projects with an aggregate capacity, once fully constructed and operational, of approximately 225 MW located in Chile
    • The lender was Deutsche Bank Trust Company Americas
  • JPMorgan Chase Bank, as administrative agent, in an amendment to increase the revolving commitments under and extend the maturity of LATAM Airlines Group's existing super senior revolving credit facility
    • The transaction was documented as an amendment to the existing credit agreement
    • The deal was closed in a context where LATAM seeks to restructure its long-term financing prospects
  • Almar Water Solutions Latam S.A. and its subsidiary in issuing two legal opinions regarding the operation and maintenance contract for two desalination and seawater supply and transportation systems to mining sites in Sierra Gorda in the framework of the financing of the infrastructure projects
  • Votorantim Bank S.A., as guarantor, of Sigdo Koppers' Brazilian subsidiary obligations for up to US$10 million
    • Advised execution of a Chilean guarantee agreement granted by the borrower's shareholder in Chile and a legal opinion on the validity and enforceability of the guarantee in favor of Votorantim Bank
  • FinDuo and Compass Group, as shareholders and sellers of FinGroup SpA, a principal player in the Chilean market of services to funds and other financial institutions, in the negotiation and closing of the sale of 100% of the company's shares to Apex, a world-leading company in financial and investment services
  • Oaktree Capital Management L.P, as creditor, for a US$1.3 billion Debtor-in-Possession (DIP) Financing Contract in Latin America
    • Awarded "Deal of the Year 2021" in the Banking and Finance category by Latin Lawyer
  • Janssen S.A., as subscriber of a capital increase of shares of Kreis SpA, by which the client acquired 60% of participation in the property of Kreis; therefore, holding control of the acquired company
  • Giddings Fruit S.A., as borrower, in a financing agreement governed by New York law known as the "Note Purchase and Guarantee Agreement" (NPA), by means of which certain foreign investors, as lenders, acquired promissory notes that Giddings Fruit S.A. issued with the purpose of financing several corporate matters of Giddings Fruit S.A. and its subsidiaries, located in Chile, Mexico, Peru, United States, England and China
  • BICE Bank on the credit facility for the issuance of performance bonds required by Sacyr Chile S.A. to guarantee the obligations derived from the construction contract with Sociedad Concesionaria Américo Vespucio Oriente S.A. for the construction of the work Américo Vespucio Oriente 1
    • Also assisted BICE Bank in drafting and executing an inter-creditor agreement with BTG Pactual and International Bank, in which the parties agreed to a collection mechanism and return pari passu for the performance bonds
  • Mirae Asset Daewoo Co., as lender and principal agent, in charge of a term loan granted to DE Energía SpA for the development, construction, financing, operation and management of 12 photovoltaic power plants in Chile, with a total capacity of 105MW
  • Sky Solar in negotiating a local syndicated loan with project finance guarantees for US$35 million
  • Komax S.A. on financing granted by a bank syndicate composed of Santander Bank, Consortium Bank and Banco BTG for refinancing outstanding debt and financing for a new company acquisition
Languages
  • English
  • Spanish
Education
  • LL.M, Northwestern University, Law School, 2022

  • Law Degree, Pontifical Catholic University of Chile, School of Law, 2015

Publications

Prior Experience

  • Foreign Associate, DLA Piper – New York, (2022 – 2023)
  • Associate, Ibero-American Law Firm, (2016 – 2018)

Teaching Experience

  • Assistant Professor, Corporate Law, Pontifical Catholic University of Chile, School of Law, (2019 – present)

Memberships

  • Chilean Bar Association
CallvCardLinkedInPrint

Connect

Phone

+56 2 2798 2610
(Work, Santiago)