AWARDS: Best Infrastructure Law Firm: Andes

AWARDS: Best Infrastructure Law Firm: Andes

Corporate & Sovereign Strategy

Spanish law firm Garrigues was involved in two of the largest project finance transactions in the region this past year: Covipacifico and Lima Metro Line 2.Garrigues advised the sponsor on the Lima Metro Line Two project, Iridium, from when it first bid for the public-private partnership (PPP) concession. After Iridium won, Garrigues took on a more corporate role helping to structure and negotiate contracts.The project was financed via two historic transactions, a loan and bond financing. The bond component was the largest debt capital markets transaction in Peru’s history, raising $1.15 billion via a 15-year 5.875% note in a transaction led by Citibank, Morgan Stanley and Santander. The loa

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