Sergio Galvis and Benjamin Kent Interviewed by BNamericasSeptember 22, 2020
S&C partner Sergio J. Galvis and special counsel Benjamin S.D. Kent were interviewed by BNamericas on project finance trends in Latin America and the outlook for the sector as the region continues to deal with the fallout of the COVID-19 pandemic. “Notwithstanding the pandemic's impact on transactions this year, we anticipate that Latin American project financing is well placed to recover quickly,” Sergio told BNamericas, “not least because there remains a significant need for infrastructure in the region and investor demand is strong.”
Benjamin Kent agreed and said that mining in particular is likely to see a rebound. “Mines in Latin America were already planning expansions to their current operations prior to the pandemic, and although some of these plans have been paused as a result of the pandemic, there are many that will be coming on stream in the near future, including possible major expansions,” he noted, adding that some greenfield expansions remain on track as well.
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