BancoEstado instructs Carey for Nuevosur loan

Chilean law firm Carey has acted as counsel to Banco del Estado de Chile (BancoEstado) on a loan to water utility company Nuevosur

Felipe Moro of CareyBancoEatado is the country’s only state-owned commercial bank.

The loan is for $66 million, and Carey’s team advising the bank was led by partner Felipe Moro (pictured), with associate Fernando Noriega.