DLA Piper advises on $100M Chilean airport financing
Deal News | Jan 10, 2025 | Iberian Lawyer
DLA Piper, a global law firm, has played a significant role in advising the lenders in the financing of Red Aeroportuaria Austral Sociedad Concesionaria, a consortium composed of Cointer and Blackrock. The project, based in Chile, focuses on the expansion, repair, maintenance, and replacement of infrastructure at two vital airports in the southern region of the country: Carlos Ibáñez del Campo Airport in Punta Arenas and Balmaceda Aerodrome near Coyhaique. The financing, amounting to approximately USD 100 million, aims to enhance the operational capacity and efficiency of these airports, thereby contributing to the infrastructure development of Chile's southern aviation sector. The legal advisory team from DLA Piper comprised César Herrero Mazaro, a partner, along with Felipe López Sánchez, a senior associate, and Sara Espina Sánchez, an associate.
Sectors
- Legal Services
- Infrastructure
- Aviation
Geography
- Chile – The financing project is focused on two airports located in the southern region of Chile.
Industry
- Legal Services – DLA Piper, a global law firm, is providing legal advisory services in this financing project.
- Infrastructure – The project involves significant infrastructure work, including expansion, repair, maintenance, and replacement of airport facilities.
- Aviation – The financing is directed towards enhancing the infrastructure of two airports in southern Chile.
Financials
- 100,000,000 USD – The total financing amount for the airport infrastructure project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DLA Piper | Legal advisor | Company | A global law firm advising the lenders in the financing project. |
| Red Aeroportuaria Austral Sociedad Concesionaria | Target company | Company | A consortium responsible for the airport project, formed by Cointer and Blackrock. |
| Cointer | Consortium member | Company | Part of the consortium leading the airport project in southern Chile. |
| Blackrock | Consortium member | Company | Part of the consortium alongside Cointer for the airport project. |
| César Herrero Mazaro | Partner | Person | Partner at DLA Piper involved in the advisory team. |
| Felipe López Sánchez | Senior Associate | Person | Senior Associate at DLA Piper involved in the advisory team. |
| Sara Espina Sánchez | Associate | Person | Associate at DLA Piper involved in the advisory team. |