People

Juan Moreno Baker Botts New York
Juan Moreno
Special Counsel

Overview

Juan Moreno is a cross-border debt capital markets and structured finance lawyer with a focus on emerging markets, particularly in Latin America. His clients on the issuer and sponsor side include financial institutions, energy and aircraft companies, sovereigns and state-owned companies. He also represents underwriters and financial intermediaries with respect to offerings in these industries.

Juan has broad-based capital markets experience in new issuances under Regulation S and Rule 144A, liability management exercises (including consent solicitations and exchange offers), securitizations and project finance.

With respect to securitizations, Juan has experience in various asset classes including oil receivables, diversified payment rights (DPR), remittances and merchant voucher receivables.

Juan has been extensively involved in the most prominent emerging market sovereign restructurings of the decade, representing Ecuador in its debt restructuring in 2020, Ghana in its external bond restructuring in 2024 and the dealer-manager in the 2024 Sri Lanka restructuring.

Juan is a capital markets lawyer but understands project and infrastructure documents, having worked with producers and purchasers in complex energy offtake, tolling and commercial agreements in the renewable fuel space.

Having native Spanish fluency Juan is comfortable negotiating and drafting in both Spanish and English.

Admissions & Affiliations

  • New York State Bar
  • Licensed in the Dominican Republic, 2010

Education

  • J.D., Brooklyn Law School 2017
  • Master of Laws, International Economic Law, University of Barcelona 2012
    Fundación Carolina scholar
  • Bachelor of Laws, Civil Law, Pontificia Universidad Católica Madre y Maestra 2009
    summa cum laude

Experience

  • The commodities trading desk of a world-leading oil company in a tripartite transaction for the purchase of crude oil from another important oil company by means of prepayments through the use of a loan facility with a major international bank valued at hundreds of US$ millions.
  • Papa John's International on its debut $400m high-yield unregistered bond offering.
  • Republic of Ecuador on its US$1 billion "debt-for-nature" swap to fund conservation projects in the Ecuadorian Amazon.
  • Azul S.A., Brazil's largest airline by number of flight departures and cities served, in recapitalization and restructuring transactions.
  • The Republic of Ghana in its exchange offers and consent solicitations in connection with its approximately US$13bn+ Eurobonds (15 series) and approximately US$16bn+ in domestic debt in the context of its sovereign debt restructuring.
  • World-leading oil company in negotiating and drafting a tolling agreement for renewable fuels from a new-build facility, including arrangements for the construction of an onsite carbon capture and sequestration facility, and negotiations with a third party for the offtake of carbon from such facility.
  • National Commercial Bank Jamaica Limited in the issuance of US$250m notes due 2030 to a number of accredited institutional investors as part of its securitization program backed by DPRs.
  • One of the largest Argentine sub-sovereign issuers, the City of Cordoba, in the restructuring of its US$150m international debt.
  • Utility-scale energy storage project developer in the negotiation of a bridge loan in the context of the successful sale of the company, including 500 MWh of contracted energy storage projects and a development pipeline of over 9 GWh of additional projects.
  • Banco Cuscatlán (El Salvador) in a syndicated loan with Panamanian bank Banco Aliado, S.A. as administrative agent and lender, together with other lenders.
  • The Republic of Ecuador in the consent solicitation and exchange offers for the restructuring of its US$17.4 bonds, one of the first-ever tests of collective class action clauses in 144A/Regulation S bond market.
  • Leading U.S. specialty manufacturer in an unregistered $400 million bond offering, with a guarantee.
  • Banco Industrial (Guatemala) on the issuance of US$300m subordinated fixed-to-fixed rate notes due 2031, with a 10-year modality. The notes were issued as Tier 2 regulatory capital.
  • Citigroup as global coordinator and sole bookrunning manager in the successful sale of US$1.2bn of bonds issued by the Republic of Guatemala.
  • Citigroup and Scotiabank as joint bookrunning managers in the sale of US$1.097bn of 30-year bonds by the Republic of El Salvador.
  • An oil company in negotiating and drafting an offtake agreement involving the retrofitting of a traditional diesel facility to produce renewable fuels.
  • Banco Pichincha on its private placement of US$300m notes due 2029 under its Diversified Payment Rights (DPR) securitization program.
  • IFC, IDB Invest and other investors in Fedecrédito Remittance Funding Company’s private placement of multiple series of notes as part of the Salvadoran remittance company’s securitization program backed by future remittance flows.
  • A long-term offtake agreement for a low-carbon organic chemical compound from a new-build production facility.
  • The Republic of Ecuador in multiple bond offerings in the international markets, including its US$400m social bond offering to finance the government housing program Casa para Todos, backed by a partial guarantee of US$300m from the IDB.
  • AxonPrime Infrastructure Acquisition Corporation in its US$150m initial public offering and in its private placement of warrants with a total value of $5m simultaneous with the (IPO).

22 September 2025 News Coverage Debt-for-PPP swaps: a crucial pivot for scale
22 September 2025 News Coverage Debt-for-PPP swaps: a crucial pivot for scale