Clifford Chance bolsters Latin America practice with partner promotion

Clifford Chance has announced the promotion of New York-based Mariana Estévez to partner, and who focuses primarily on hybrid financings and debt capital markets transactions in Latin America.

Posté le mardi, mai 16 2023
Clifford Chance bolsters Latin America practice with partner promotion

Mariana’s promotion thus bolsters the firm’s Latin America practice.

Mariana’s experience includes representing domestic and international financial institutions applying innovative structures, such as securitizations and bank-bond structures, to finance energy and infrastructure projects throughout Latin America.

She also has extensive experience representing issuers and financial institutions acting as initial purchasers or placement agents in high yield and investment grade debt offerings and liability management transactions by corporates, sovereigns and quasi-sovereigns in Latin America.

Among the clients she has served at the firm are BofA Securities, as global coordinator, sole bookrunner and social bond structuring agent on the Republic of Guatelmala's $1.2 billion sovereign dual-tranche bond issuance, including a social bond tranche consisting of $500 million aggregate principal amount of 5.375% notes due 2032, the first Latin American sovereign bond used to fund COVID-19 prevention, containment and mitigation efforts and the first sovereign social bond without a multilateral guarantee.

She has also advised Goldman Sachs on the hybrid financing for the construction of the first toll road awarded under the PPP scheme in Paraguay, and as global coordinator, bookrunner and social bond structuring agent in connection with Ecuador's issuance of a $400 million social bond, among other transactions.

Mariana joined Clifford Chance in 2015 after completing a JD/LLM at Duke University School of Law, and which followed her completion of a degree from Dartmouth College in Asian and Middle Eastern Languages and Literatures, with a specialization in Chinese.

She was admitted as an attorney-at-law in New York in 2016.

Mariana’s promotion is part of a tranche of 32 promotions across the firm, 12 of which are female.

Charles Adams, Clifford Chance’s global managing partne, said: "These new partners demonstrate Clifford Chance's commitment to invest in and promote exceptional talent. They will help us to focus on areas which will deliver outstanding results for our clients and shape our future as one of the world's premier global firms".

For his part, Adrian Cartwright, Clifford Chance’s global senior partner, added: "This is a diverse group of new partners who will ensure that we can continue to deliver outstanding client engagement and a superior quality client experience. Each of these talented individuals has demonstrated their expertise, collaborative team approach and deep commercial understanding that defines how we support all our clients."