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Diego Carvajal

Senior Associate
New York

Diego Carvajal

Diego creates legal and commercial solutions for banks, companies, governments, and state-owned entities. He has broad knowledge of the trends and issues in emerging markets, particularly those in Latin America.

Born in Bolivia and raised and educated in New York City, Diego uses his multi-cultural background and fluency in Spanish to maximize opportunities for his clients. In his years of practice, Diego has become one of the few truly globalized attorneys, routinely working with financial institutions in the U.S., Europe, Asia, and the Middle East. Additionally, Diego provides clients with substantial knowledge and insights in the areas of capital markets, project finance, and structured finance.

Representative Experience

Regularly represents the Republic of Ecuador in its financing solutions, including its capital markets bond issuances under Rule 144A and Regulation S.

Represents Petroecuador in its cross-border transactions with banks and international companies.

Regularly represents various banks in Central and Latin America in the origination of diversified payment rights programs.

Represented international investors in their purchase of bonds backed by merchant voucher credit card receivables in Central American countries.

Represented Petróleos de Venezuela (PDVSA) in their bond issuances under Rule 144A and Regulation S.

Represented AES El Salvador in its US$310m bond issuance, in conjunction with a public offering of bonds issued by the same.

Represented underwriters in securitization of revenues of the Corredor Norte in Panama to enable a government entity to reacquire toll road concession.

Represented Suramericana S.A. in its acquisition of RSA Insurance Group’s Latin American and North American business in a transaction valued at US$614m.

Represented international investors in various transactions involving their purchase of private placement bonds backed by merchant voucher credit card receivables in Central American and Caribbean countries.

Education and admissions


  • J.D., Benjamin N. Cardozo School of Law, 2010
  • B.A., New York University, 2007


  • Member, Hispanic National Bar Association
  • Member, New York State Bar Association

Bar admissions and qualifications

  • New York
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