Manuel R. Pietrantoni

Member

Mr. Pietrantoni is one of the founding partners of the Firm and was its managing partner through 1999.  He has extensive experience counseling clients in corporate and commercial matters and participating in business and governmental transactions.  He has structured, negotiated and documented a wide array of complex transactions, including public offerings and private placements of government and corporate debt securities, asset sales and purchases, mergers and acquisitions, joint ventures, shareholder agreements, commercial loans and privatizations.  Mr. Pietrantoni has represented corporations, financial institutions, partnerships, governmental entities, individuals, borrowers, lenders, issuers, and underwriters.

He has been an advisor to government and private entities in connection with ground-breaking transactions, such as the privatization of the Puerto Rico Telephone Company, the establishment of the Port of the Americas and the privatization of the Teodoro Moscoso Bridge and certain correctional facilities.  He has been a frequent advisor to government and private entities in connection with the drafting and enactment of legislation designed to create new financial products, such as the creation of the Caribbean Basin Financing Authority, the use of structured finance product to refinance debt of the central government and the creation of a new public corporation designed to issue revenue bonds backed by sales tax proceeds.  In addition, he has represented government and private entities in connection with venture capital investments and in drafting the regulation promulgated under the Venture Capital Fund Act of 1999. 

He has been a frequent speaker at business conferences on topics relating to the Puerto Rico capital market and is a regular speaker at the Government Development Bank’s José Berrocal Institute. Mr. Pietrantoni has been a Director of the Puerto Rico Manufacturers Association and of various private and non-profit corporations. Mr. Pietrantoni has been internationally distinguished by Chambers Global Guide to the World’s Leading Lawyers for Business.


Place of birth:


San Juan, PR

Education:


  • Columbia Business School, New York, NY
    1974 M.B.A.
  • Columbia Law School, New York, NY
    1973 J.D.
  • Columbia College, New York, NY
    1970 B.A.

Bar Admissions:


  • Commonwealth of Puerto Rico, 1974
  • U.S. Tax Court, 1974
  • New York, 1975
  • Florida, 1979

Practice Areas:

Publications:


Puerto Rico as an Offshore Banking Center:  A Discussion of the Puerto Rico International Banking Center Regulatory Act,” published in The International Lawyer.

Past Employment Experience:


  • McConnell Valdés, San Juan, PR
    Partner
    Head of the Corporate Department and Corporate and Public Finance Practice Group
    1986 - 1992
  • O\'Neill & Borges, San Juan, PR
    Partner
    1977 - 1986
  • O\'Neill & Borges, San Juan, PR
    1976 - 1986
  • Sullivan and Cromwell, New York City, NY
    1974 - 1976

Professional Associations and Memberships:


  • American Bar Association, Business Law and Taxation Sections
  • The Florida Bar
  • New York Bar Association
  • Puerto Rico Bar Association
  • American Law Institute

Engagements:


  • Represented Total Petroleum Puerto Rico Corp., in the acquisition of the Puerto Rico fuel distribution business of Esso Standard Oil Company.
  • Represented MidOcean Partners, in the acquisition of the largest cable franchise in Puerto Rico.
  • Represented Citigroup, in the sale of its retail branch operation and retail securities brokerage business in Puerto Rico.
  • Represented MAPFRE PRAICO Corporation and its affiliates, in the acquisition of Canada Life’s health insurance business in Puerto Rico and an insurance broker agency.
  • Represented Bayer Puerto Rico, Inc., in the sale of its medical diagnostic business in Puerto Rico to Siemens Medical Solutions Diagnostics, USA.
  • Represented the Government of Puerto Rico, in the sale of its ownership interest in the Puerto Rico Telephone Company.
  • Represented Chiquita Brands International, in the sale of its fruit operation in Colombia and the sale of its palm oil manufacturing operation in Costa Rica.
  • Represented Borschow Hospital Medical Supplies on the sale of its distribution business in Puerto Rico.
  • Represented PRISA Group, in the structuring and formation of a joint venture to acquire and develop a hotel and residential development project in Puerto Rico.
  • Participated as bond counsel or underwriters’ counsel in numerous bond issues of the Government of Puerto Rico and its instrumentalities, including the Highway Authority, Electric Power Authority, Aqueduct and Sewer Authority, Infrastructure Financing Authority, Public Finance Corporation, Industrial Development Company and the Commonwealth of Puerto Rico.  He has acted as counsel to many investment banking firms, such as Goldman, Sachs & Co., UBS, Lehman Brothers, Citigroup Global Markets, Morgan Stanley and Merrill Lynch in structuring and documenting financial structures for governmental issuers, such as a $2.4 billion program used to refinance loans made by Government Development Bank to various agencies of the central government.  In connection with public finance transactions, he has been responsible for drafting several laws designed to create new financing mechanism for local governmental entities, such as a new sales-tax based revenue bond.
  • Participated in the major privatization projects in Puerto Rico.  He acted as: counsel to the developer and operator of the Teodoro Moscoso Bridge, the only highway facility privatized in Puerto Rico; counsel to the developer and operator of the first corrections facility privatized in Puerto Rico; counsel to the government in the development of the Port of the Americas; and counsel to the government in the sale of the Puerto Rico Telephone Company.

Contact Information:

Email:
mpietrantoni@pmalaw.com

Phone:
(787) 274-4912

Fax:
(787) 274-1470

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