Talbert Navia

Representative Experience

• Represented Enel Generación Chile S.A. and Enel Green Power Chile S.A. in the sale of receivables by both entities, alongside 24 other Chilean generation companies, to IDB Invest for US$2.4B. This deal was named “Bond of the Year – Private Placement, Latin America” by IJGLobal Americas Awards 2024 and “Bond of the Year” by LatinFinance Awards 2024.
• Represented Nueva Elektra del Milenio, S.A. de C.V. (NEM) and its parent, Grupo Elektra, S.A.B. de C.V., in an innovative “future flows” transaction involving remittances from the U.S. to Mexico. This deal was shortlisted by IFLR Americas Awards 2024.
• Represented Suministradora de Buses K Cuatro SpA, along with its sponsors Inversiones Kaufmann, S.A., and InfraBridge Ebus Chile SpA, in a US$344M financing package for an electric bus fleet in Santiago, Chile. The lenders are International Finance Corporation (IFC), Inter-American Investment Corporation (IDB Invest), and Banco del Estado de Chile (BancoEstado). The project has a total estimated value of $422MM. With a total of 992 electric buses, this project contributed to the creation of the largest electric bus fleet in the Americas and the second-largest electric bus fleet in the world.
• Represented Total Play Telecomunicaciones, S.A. de C.V. (Total Play), a leading telecommunications company in Mexico, in connection with the offer to exchange (a) up to US$600M of its outstanding 6.375% Senior Notes due 2028 (the Existing Notes) for newly issued 11.125% Senior Secured Notes due 2032 (the New Notes) and (b) a cash payment by each tendering holder of US$450 for each US$1,000 in Existing Notes tendered by such holder (the New Money Deposits) for newly issued New Notes.
• Represented Total Play in their US$45M bridge financing from Barclays. 
• Represented Total Play in connection with a confidential financing with Credit Suisse and five other banks.
• Represented Total Play in connection with a Rule 144A/Regulation S offering of US$600M of notes due 2028 valued at US$600M.
• Represented Total Play in connection with its offering of US$500M of notes pursuant to Rule 144A and Regulation S. Credit Suisse Securities (USA) LLC, Jefferies LLC and BCP Securities, LLC acted as initial purchasers of the notes. 
• Represented a Colombian company in a US$150M financing with MUFG.  
• Represented Enel Chile, S.A. in connection with a credit facility provided by the European Investment Bank to finance the development, construction, and operation of multiple renewable energy generation and distribution projects by Enel in Chile as part of that country’s energy transition program with a guarantee provided by SACE S.p.A. Part of an overall agreement between EIB and Enel to develop green energy projects in Brazil, Peru, and Chile, with the support of SACE (Italian export credit agency). This transaction is an important example of cross-border support for the development of renewable energy production in Latin America.
• Represented Oria Fund III, L.P., a Brazilian venture capital fund that invests in B2B software companies.
• Representing Kapital Football Group in the acquisition of Bordeaux.
• Represented Terold, a company owned by the Bemberg Family Group, a sixth-generation family business with deep experience in the wine and beverage industry, in its acquisition of a majority stake in California-based WX Brands, a leading global wine company. The Bemberg Family Group also owns Grupo Peñaflor, the leading winery in Argentina, accounting for 27% of Argentine wine exports. The acquisition by Terold of WX Brands is the result of several years of work on international expansion.
• Represented Sagoil Offshore Services S.A. de C.V. in its investments in Aethon III and Poco HoldCo, LLC.
• Represented Grupo Wiese, a consolidated economic and business group based in Peru, in connection with its sale of 98.04% of NISA Blindados S.A., which owns 14.76% of Hermes Transportes Blindados S.A., to CVC Group, an investment firm that seeks to invest in the commercial products, consumer durables, and retail sectors.
• Represented Pura Fibra, a Brazilian prebiotic / supplement water company, in expanding their operations into the US and related corporate matters.
• Represented Fazenda Futuro, the largest Brazilian plant-based meats company, in expanding their operations into the US and related corporate and labor matters.
• Represented Grupo Vilaseca, a multinational business group dedicated to developing products and services in the packaging, food, real estate, and supplies industries, in connection with the acquisition of Diana’s Bananas, a food company based in Chicago, Illinois.
• Represented Transportadora de Energía de Centroamérica S.A. (TRECSA), a subsidiary of Grupo Energia de Bogota (GEB), in connection with the negotiation and preparation of an amendment to a credit agreement between CITIBANK and Trecsa, including the issuance of an enforceability opinion.
• Represented Pampa Energía, the obligors, in connection with a senior corporate loan to Greenwind S.A. by the IIC, and a syndicate of other senior lenders for the financing of the construction, operation, and maintenance of the El Corti wind farm and associated transmission facilities located near the city of Bahía Blanca, Argentina. This project was named “Power Finance Deal of the Year” by GFC Media 2018.
• Represented EPM in the US$1B financing of the construction of the Ituango Hydroelectric Project in Medellín, Colombia. Financing provided by IIC, IDB and China Co-financing Fund for Latin America and the Caribbean. This project was nominated for LatinFinance’s 2019 "Project & Infrastructure Finance Awards" and is the largest renewable energy project in Colombia. 
• Represented FDN in its US$1B joint venture with CDPQ to invest in energy and infrastructure projects in Colombia. 
• Represented YPF, Argentina's national oil company, in capital markets offerings in excess of US$5B, financings, mergers and acquisitions, securities compliance and litigation matters. 
• Represented Cornwall Capital Management LP in connection with the acquisition of mining rights in Colombia from Touchstone Gold Holdings S.A. and its affiliates.*
• Represented Innova Capital in its role as sponsor of a US$50M financing by Goldman Sachs in a tower development program for telecommunications in Colombia.*
• Represented US, European, and Latin American companies and investment funds in infrastructure and construction projects including energy plants, toll roads, airports, bridges, and tunnels in in the U.S. and Latin America.*
• Represented private equity and venture capital firms such as Southern Cross, LCatterton, Sur Capital, Siguler Guff, Alba Capital Partners, Tribeca Asset Management, Wamex, Latin Idea/LIV Capital, General American Capital Partners, Rio Bravo, Oria Capital, Performa Investimentos, Blue Caribbean, Tom’s Capital, and Miranda Capital, among others in the formation, capital raising, and mergers and acquisitions of the funds.*Represented U.S. companies in their investments outside the United States.*
• Represented and assisted entrepreneurs in capital raising, joint ventures, investments, and general corporate advice.*
• Represented underwriters in securities offerings of Latin America issuers in the United States.*
• Represented non-U.S. companies in their reorganizations.*