Marcelo A. Mottesi

Milbank LLP was named the Banking & Finance Legal Adviser of the Year at the Global Banking & Markets Latin America & Caribbean Awards 2026, underscoring the firm’s leadership in complex, market-shaping transactions across Latin America. In addition to this top honor, Milbank was recognized on 13 award-winning deals, reflecting the firm’s leading expertise in capital markets, acquisition financing, structured transactions and sustainable transactions. These landmark deals include: Innovative Deal of the Year – Minera Los Pelambres $2bn structured water infrastructure financing Quasi-Sovereign/GRE Bond Deal of the Year – Province of Cordoba $725m 9.75% 2032 notes financing Debut Corporate Bond Deal of the Year – Saavi Energia $1.1bn 10NC5 senior unsecured notes offering Debut Syndicated Loan Deal of the Year – Hermanos Castillo $1.125bn dual facility acquisition financing Corporate Syndicated Loan Deal of the Year – Empresas Publicas de Medellin $650m syndicated term loan Sustainable Loan Deal of the Year – Ternium $1.25bn senior unsecured term loan Sustainable Corporate Bond Deal of the Year – Colbun $500m 5.375% Green Notes due 2035 Acquisition Finance Deal of the Year – GIP Horizon acquisition finance of $780m for a 70% stake in Alianca Anergia from Vale Project/Infrastructure Finance Deal of the Year – VMOS $3bn pipeline financing High Yield Debt Deal of the Year – Digicel $1.99bn first-lien senior secured notes Debt Deal of the Year – Mexico – Saavi Energia $1.1bn 10NC5 senior unsecured notes deal Debt Deal of the Year – Chile – Grenergy Project Big Three $1.045bn term loan, debt service letter of credit, PPA letter of credit Debt Deal of the Year – Argentina – VMOS $3bn pipeline financing “This recognition reflects the sophistication and impact of the transactions we lead across Latin America,” said Marcelo Mottesi, Chair of Milbank’s Corporate Finance and Securities Group and co-head of Milbank’s Latin America Practice Group. “Each of these award‑winning deals demonstrates our team’s ability to navigate complexity, deliver innovative structures and support our clients in achieving their most strategic objectives.” The awards recognize exceptional transactions and outstanding performance across Latin America and the Caribbean.  View the full list of winners here.

Mar 2

2 min

Milbank LLP advised the initial purchasers and dealer managers in connection with the offering by the Province of Córdoba of $800 million aggregate principal amount of 8.600% notes due 2035, and an offer to purchase any and all of its US dollar step-up notes due 2027. This marks another successful offering by the Province of Córdoba that Milbank has advised on, most recently advising the initial purchasers in the $725 million notes offering last year. The Milbank deal team was led by Marcelo Mottesi, chair of the firm’s Corporate Finance and Securities practice and co-head of the firm’s Latin America Group, special counsel Gonzalo Guitart and associate Marco Zaldivar.

Feb 10

1 min

Milbank LLP advised the dealers in connection with Marcobre’s inaugural offering of $400 million 5.750% notes due 2036. Marcobre is a leading Peruvian mining company that operates the Mina Justa open-pit copper mine in the Ica region of Peru. The company is a joint venture between Minsur and Empresas Copec. The Milbank deal team was led by Marcelo Mottesi, chair of Milbank’s Corporate Finance and Securities practice and co-head of the firm’s Latin America group, with special counsel Gonzalo Guitart, associate Pamela Molina and international attorney Hector Avila Martinez.

Jan 28

1 min

Milbank LLP is ranked among the top Latin America capital markets legal advisors by Latinvex, based on the firm’s exceptional achievements in 2025. “Milbank advised on 26 offers that raised $17.1 billion,” reports Latinvex. “The firm was especially active in Brazil, where it advised on 13 offers that raised a combined $10.15 billion. In 2025, for the second year in a row, Milbank was the most active law firm advising on cross-border debt capital markets transactions by Brazilian issuers, advising issuers or initial purchasers in more than a dozen bond offerings by Brazilian corporate and financial institution issuers, for a total of more than $10 billion in issuance proceeds.” The article further enumerates the firm’s success. “Milbank’s Brazil offers included two offers from Raizen that raised a total of $2.5 billion, GOL’s $1.2 billion bankruptcy exit notes, two offers from aircraft manufacturer Embraer that raised a combined $1.6 billion, a $1 billion offer from steel company Usiminas and $1 billion from Itau Unibanco. The firm also advised on offers from Argentina, Chile, Colombia, Mexico, Peru and Uruguay.” Latinvex recently named Milbank partner Marcelo Mottesi, chair of the firm’s Corporate Finance and Securities Group and co-head of the Latin America practice, and Corporate Finance and Securities partner Adam Brenneman to its 2025 list of Latin America's Top 100 Lawyers. In addition, Pamela Molina, an associate in Milbank’s Corporate Finance and Securities Group, was selected by Latinvex as one of Latin America’s Rising Legal Stars for 2026. Latinvex publishes daily news and weekly analysis on Latin America business, including rankings that benchmark the region’s companies, countries and people. Learn more about the Latinvex Latin America Capital Markets: Top Advisors.

Jan 15

1 min

Milbank LLP advised the lenders in connection with three credit facilities granted to Arcos Dorados Comércio de Alimentos S.A., for an aggregate principal amount of $150 million. Arcos Dorados is the world’s largest independent McDonald’s franchisee, with the right to own, operate and grant franchises in 20 countries and territories in Latin America and the Caribbean. The Milbank deal team was led by Marcelo Mottesi, chair of Milbank’s Corporate Finance and Securities practice and co-head of the firm’s Latin America group, with special counsel Gonzalo Guitart, associate Fernando Quezada and international attorney Hugo Bruzone.

Jan 23

1 min