MEXICO CITY - May 15, 2023 - Global law firm Greenberg Traurig’s Mexico City office received the Latin Lawyer Award 2023 for ‘Deal of the Year’ in the Banking and Finance 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 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 that was led by Greenberg Traurig in July 2022.
The Greenberg Traurig attorneys team was led by Mexico City Shareholders Luis Cortés and Miguel Yturbe. Associates Victor Callarisa and Raul González and Law clerk Fernando Alamilla were involved.
Each year, Latin Lawyer identifies landmark Latin American corporate deals and cases across eleven categories. They also recognize the achievements of practitioners in areas such as law firm leadership, diversity and pro bono, as well as those who have dedicated their careers to the advancement of the profession.