MEXICO CITY – Dec. 4, 2023 – Global law firm Greenberg Traurig’s Mexico City office was recognized by the Bonds, Loans & ESG Capital Markets Latin America & Caribbean Awards for ‘Deal of the Year’ in the Syndicated Loan category for representing Phoenix Tower International LLC in the restructuring of various loans.
Greenberg Traurig, together with several other U.S. and Latin American law firms, assisted Phoenix Tower International as Mexican counsel in restructuring certain loans held by its Latin American and U.S. subsidiaries, resulting in a single loan facility of USD $2 billion. This restructured facility includes various borrowings by Phoenix Tower, including financing related to the purchase of 3,800 telecom towers located in Chile, a transaction where Phoenix Tower International was represented by Greenberg Traurig.
With this award, this transaction has won five recognitions in total, including the following:
- Bonds, Loans & ESG Capital Markets Latin America & Caribbean Awards 2023: Syndicated Loan Deal of the Year
- Latin Finance Project & Infrastructure Awards 2023: Southern Cone Financing of the Year
- Latin Lawyer Awards 2023: Banking & Finance Deal of the Year
- IFLR Americas Awards 2023: Infrastructure Finance of the Year | Latin American Loan of the Year
- Proximo Awards 2023: Latin American Deal of the Year
The Greenberg Traurig attorneys team was led by Mexico City Shareholders Luis Cortés and Miguel Yturbe. Associates Victor Callarisa and Fernando Alamilla were involved.
About Greenberg Traurig’s Mexico City Office: Greenberg Traurig’s Mexico City office offers clients innovative, strategic advice and legal services that span both traditional fields and contemporary regulatory sectors. The office has more than 75 bilingual attorneys who have been contributors to major national projects in Mexico and leverages the resources and reach of the firm’s global platform to provide clients with tailored legal services reflective of the specific industry and market conditions in which they operate. The Mexico City office is an integral part of the firm’s award-winning Latin America Practice, and has been recognized with leading competition, corporate, M&A, compliance, infrastructure, real estate, privacy, energy, administrative litigation, and banking practices in Mexico.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.