Latin American project finance

Author: | Published: 1 Aug 2007

Dan Andrews
Features editor

Latin American infrastructure is set to benefit from the interaction of oil prices, Chinese investment and US state politics.

Evan Cohen, finance and restructuring head at Clifford Chance in New York, is keen to talk about Latin American project finance. The market is growing he says and there is lots of interest from international banks looking to do deals outside the US. At the same time, Latin American companies are anxious to access the US credit market.

Most countries in the region are still below investment grade credit and do not, excluding the booming Brazilian market, have advanced equity capital markets. Companies from the region are therefore...