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Felipe Moro

Carey counsels on financing extension of Grupo Calindra

Carey has counselled IDB Invest on the extension of financing to Grupo Calidra, a leading producer of lime, ready mix and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru.

The transaction, completed on 27 June, had a value of USD $35 million, and involved the jurisdictions of Chile, the US (New York) and Argentina. Bruchou & Funes de Rioja and Hogan Lovells also acted as advisors to IDB Invest, while Barros & Errázuriz advised Grupo Calindra.

Carey’s team was led by partner Felipe Moro (pictured), with support from associate Loreto Ribera.

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L Giselle Estrada

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