B&E on modification of credit agreement of BMO
Barros & Errázuriz has advised BMO, as creditor, on the amendment of a credit agreement to be entered into by, among others, Pan American Silver, as debtor, BMO, as agent, and other creditors.
As a result, Pan American Silver acquired Yamana Gold and its entire portfolio of subsidiaries, including certain Chilean entities. These Chilean entities provided a guarantee under Canadian law to secure the debtor’s obligations under the Second ARCA.
B&E’s team consisted of partners María Olga Rivera Ruz (pictured left) and Francisco De la Barra Gili (pictured right), and associates Geraldine Ugueto Tovar and María Izcue Gana.
