Jaime Coutts

Associate

jcoutts@carey.cl
+56 2 2928 2215



His practice focuses on mergers and acquisitions, securities, corporate and commercial law, international trade, capital markets, foreign investment and general practice.


REPRESENTATIVE EXPERIENCE

  • BlackRock, the world’s largest asset manager, through its fund Global Renewable Power III (GRP III), in: i) the acquisition of a portfolio of 18 PMGD photovoltaic projects (the largest operating portfolio of PMGD projects in Chile) from Fondo de Inversión Privado Tralka Energías Renovables with an aggregate capacity of 80 MW, ii) the association with Solek Holdings SE (Solek Group) for the construction and acquisition of a portfolio of up to 28 photovoltaic PMGD/PMG projects with an aggregate capacity of up to 200 MW, and iii) a portfolio management services agreement with Aediles Capital Inc., which will manage the PMGD/PMG portfolio of GRP III in Chile that is projected to reach a capacity of 435 MW through an investment of up to US$200 million, becoming one of the largest distributed energy portfolio in the country.
  • Sinovac, a Chinese leading biopharmaceutical company and one of the largest producers of vaccines against COVID-19 in the world, on the installation and development of its operation in Chile, which is the first one in the region. The representation included, among others, advice on the incorporation of a Chilean subsidiary, the purchase of a real estate for a fill & finish vaccine facility in Santiago, Chile, of more than 21,000 square meters, the entrance of the initial capital funds to Chile, and on labor and immigration matters related to the Chilean and foreign employees who will render services to Sinovac Chile. Through its Chilean business unit, Sinovac intends to also cover the rest of the Latin American market.
  • Goldman Sachs, as the sole global coordinator, bookrunner, initial purchaser and commitment provider, on a USD489 million zero coupon senior secured notes issuance due 2028 issued by Chile Electricity PEC SpA under Rule 144A/Regulation S of the United States Securities Act of 1933. The proceeds were used by Chile Electricity PEC SpA to purchase certain receivables from the main energy generation companies in Chile originated under Law No. 21,185, which temporarily stabilized the electricity tariffs.
  • Qatar Airways, and its affiliates, on the negotiation and execution of a debtor-in-possession (DIP) financing to LATAM Airlines during the reorganization process of the latter, under the Chapter 11 rules in the Bankruptcy Court for the Southern District of New York, for up to USD2.45 billion.
  • Globo Comunicação e Participações, a subsidiary of Grupo Globo, the largest media group in Brazil, on the issuance of bonds in the international market for USD500 million under Rule 144A/Reg S, and on a concurrent bonds tender offer for its senior notes due 2022 using the proceeds of the debt offering (Debevoise & Plimpton).
  • Salmones Camanchaca, a subsidiary of Compañía Pesquera Camanchaca, a Chilean publicly held corporation dedicated to the breeding, production, commercialization and export of salmon and trout, on a due diligence for its simultaneous IPOs in the stock exchanges of Oslo and Santiago.
  • VTR on the sale of its 50% stake in CNN Chile to Turner Latin America. Through this acquisition, Turner Latin America is now the sole owner of CNN Chile.
  • Precision Pulley & Idler, a US market leader in the production and commercialization of components for conveyor systems, with manufacturing operations in the US and Canada, on the acquisition of 100% of the shares of Clark Ingeniería y Desarrollo, one of Chile’s market leaders in manufacturing and commercialization of equipment, components and spare parts for conveyor systems. This was the first acquisition by PPI outside of North America.

ACTIVITIES AND MEMBERSHIPS

  • International Associate, Debevoise & Plimpton, New York (2019-2020).
  • Teaching Assistant of Commercial Law, Universidad Católica de Chile (2015-2018).
  • Teaching Assistant of Economic Law, Universidad Católica de Chile (2009-2014).
  • Teaching Assistant of History of Law, Universidad Católica de Chile (2009-2011).
  • Member of the Chilean Bar Association.

PUBLICATIONS

  • Co-author of the article "PIPEs in Chile: Current situation and some ideas that could promote their development", Abogados.com.ar (2021).
  • Co-author of the IBA Report on the Future of Work, IBA (2019).

EDUCATION

  • Law, Universidad Católica de Chile (Magna Cum Laude).
  • Exchange Student, University College Dublin, Ireland (2013).
  • LL.M., The University of Chicago (2019).
  • Degree in Capital Markets Law, Universidad de Chile (Summa Cum Laude) (2020).

ADMISSIONS

  • Chile (2015).

LANGUAGES

  • Spanish.
  • English.

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