Cariola counsels Natixis on restructuring of State Grid Chile credit facility
Cariola Díez Pérez-Cotapos has counselled Natixis, as lender, in connection with the restructuring of a CL$278,597,326,700 Chilean peso denominated credit facility originally granted by Natixis, Hong Kong Branch to State Grid Chile Electricity and guaranteed by the Chinese company State Grid International Development Limited.
The credit agreement and guarantee were governed by Hong Kong law.
This transaction was completed on 12 August. Clifford Chance Beijing acted as Chinese counsel to the bank, while Claro y Cia acted as local counsel to the borrower.
Cariola’s team comprised partner Rodrigo Sepúlveda (pictured left) and associates Glen Rybertt (pictured centre) and Alejandra Díaz (pictured right).
