Carlos T. Albarracín

Primary Focus & Experience

Mr. Albarracín has over 20 years of experience in cross-border capital raising, financing and restructuring transactions throughout Latin America, with a focus on the energy, infrastructure and telecom sectors. He regularly works with global investment banks such as JPMorgan, Goldman Sachs, Morgan Stanley and Citigroup, as well as leading Latin American companies such as America Móvil, Cinepolis, Ternium, Tenaris, Fibra SOMA, Ecopetrol, GEB, EPM, Transelec, Grupo Saesa, YPF, Pampa Energía, Braskem and Millicom, in a wide range of transactions throughout Latin America. Some of his recent notable transactions include representing:

• The lead arrangers in a $1.4 billion secured bridge-to-bond financing for the $6 billion acquisition of 13 Mexican power plants from Spanish energy group Iberdrola by Mexico Infrastructure Partners (MIP). (2024)
• The underwriters in the issuance of $1.85 billion in SEC-registered bonds and related cash tender offer by Ecopetrol, Colombia’s state-owned oil and gas company. (2024)
• The lead arrangers in a $2.5 billion syndicated credit facility for América Móvil, Mexico and greater Latin America’s largest telecommunications company. (2024)
• The initial purchasers in a $450 million Rule 144A bond offering by Millicom International Cellular SA., one of Latin America’s largest telecommunications and digital infrastructure companies. (2024)
• The initial purchasers in an $800 million secured Rule 144A note offering by YPF, Argentina’s largest oil and gas company. (2024)
• The lead arrangers in a $2.2 billion bridge-to-bond financing to support Millicom International’s acquisition of a 45% in Tigo Guatemala. (2023)
• Grupo SAESA, a joint venture of Ontario Teachers and AIMCo Chile engaged in power distribution and transmission, in a $1.4 billion bridge-to-bond financing to support its acquisition of a 99% equity interest in Enel’s Chile power transmission business. (2023)

Recognition & Accomplishments

Mr. Albarracín is recognized for his work by Chambers USA, Chambers Latin America and Chambers Global. Client feedback provided by Chambers speaks volumes:

“Carlos Albarracín is a smart and active lawyer who knows his stuff. I hold him in high esteem.” – Banking & Finance client

"I would entrust Carlos Albarracín with many of my most complex transactions. We have a long-standing relationship.” – Capital Markets client

Mr. Albarracín is named a Leading Individual by The Legal 500 and is included in its Private Practice Powerlist for the US and Mexico. He is also recognized as a Highly Regarded lawyer by IFLR1000.

Mr. Albarracín is fluent in Spanish and conversant in Portuguese.